Kewaunee Scientific Corporation · NASDAQ:KEQU
Kewaunee Scientific — Investor Presentation (August 2018)
21 slides from Kewaunee Scientific's investor presentation, Aug 29, 2018
Slide 1: Kewaunee Scientific Corporation
Exhibit 99.1 Kewaunee Scientific Corporation NASDAQ: KEQU encouraging new discovery…WorldwideExhibit 99.1 Kewaunee Scientific Corporation NASDAQ: KEQU encouraging new discovery…Worldwide
Slide 2: Special Note Regarding Forward-Looking Statements
Special Note Regarding Forward-Looking Statements Certain statements in this document constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). All statements other than statements of historical fact included in this docume
Slide 3: Solutions for Every Lab Discipline
Solutions for Every Lab Discipline Kewaunee Scientific Corporation | NASDAQ: KEQU 3Solutions for Every Lab Discipline Kewaunee Scientific Corporation | NASDAQ: KEQU 3
Slide 4: Consistent, Year-Over-Year Revenue Growth
Consistent, Year-Over- Year Revenue Growth Kewaunee Scientific, founded 1906, is a global $158M +14.1% leader in the design, manufacture and installation $139M +7.8% of laboratory, healthcare $129M and technical furniture products FY2016 FY2017 FY2018 Kewaunee Scientific Corporation | NASDAQ: KEQU 4
Slide 5: Our Vision / Why We Win
Our Vision Why We Win To be the global supplier of • Global sales and delivery capabilities choice with customers in the • Extensive product portfolio lab furniture and • Superior dealer and infrastructure markets. distribution network • Innovative new products Encouraging new • Strong balance sheet
Slide 6: Active in Multiple Sectors
HEALTH • Market includes life sciences, pharmaceutical, bio- technology and healthcare customers • Macro population and aging trends support continued investment in health related initiatives requiring laboratories Active in INDUSTRIAL • Market includes chemicals, petroleum, manufacturing and aerosp
Slide 7: 2018 Lab Furniture and Enclosure Global Market
2018 Lab Furniture and Enclosure Global Market* Continued Global Growth Opportunity 5% • The overall market for laboratory furniture and enclosures is forecasted to grow at a 5 year compound annual 27% growth rate of 3.3%.* $1.5B 41% Market • International and emerging markets Opportunity* forecaste
Slide 8: Global Geographic Footprint
Global Geographic Footprint Sales Office China Corp. HQ, Statesville, NC Manufacturing Operations & Sales Office Distribution Singapore India Sales Office and Manufacturing Operations Kewaunee Scientific Corporation | NASDAQ: KEQU 8Global Geographic Footprint Sales Office China Corp. HQ, Statesville
Slide 9: End to End Customer Engagement
End to End Customer Engagement Design Manufacture Install Customers trust Kewaunee with their entire laboratory project based on the Company’s history of providing total laboratory design and engineering solutions and the Company’s ability to design, manufacture and install the most complex products
Slide 10: Key Products & Solutions
Key Products & Solutions • Laboratory furniture • Fume hoods • Laminar flow • Biologic safety cabinets (BSC) • Service (installation, repair, etc.) • Mechanical systems design and execution Kewaunee Scientific Corporation | NASDAQ: KEQU 10Key Products & Solutions • Laboratory furniture • Fume hoods
Slide 11: Laboratory Furniture
Laboratory Furniture • Extensive product portfolio • Flexible systems for every lab • Alpha: Flexible workstation • Enterprise: Adaptable workstation • Evolution: Column-based systems • CoDA: New, revolutionary design • Innovative Design Kewaunee Scientific Corporation | NASDAQ: KEQU 11Laboratory Fu
Slide 12: Fume Hoods
Fume Hoods • Venturi • Custom enclosures • Full access hoods • Fume hood testing • Detect air filtered fume hoods Kewaunee Scientific Corporation | NASDAQ: KEQU 12Fume Hoods • Venturi • Custom enclosures • Full access hoods • Fume hood testing • Detect air filtered fume hoods Kewaunee Scientific Cor
Slide 13: Laminar Flow Biologic Safety Cabinets
Laminar Flow Biologic Safety Cabinets • Front-loading HEPA • Double wall construction Filter • Easy access, touch • Optional adjustable screen controls height base stand • Telescopic base stand • Optional epoxy resin or options include manual stainless steel dished or electrically operated adjustabl
Slide 14: Service
Service KemResin Carriers Work Tops • Ceiling Panels • Excellent resistance to • Overhead Service acids, alkalies and solvents Enclosure • Highly resistant to heat and • Overhead service normal physical abuse manifolds • Usable wherever physical and chemical resisting properties are required Kewaune
Slide 15: Historical Financials: Revenue and Backlog
Historical Financials Consistent Revenue and Backlog Expansion Generating Revenue Internationally Revenue Backlog Domestic International $158M $115M $113M $139M $103M $129M $116M $114M $101M $43M $26M $25M FY2016 FY2017 FY2018 FY2016 FY2017 FY2018 Kewaunee Scientific Corporation | NASDAQ: KEQU 15His
Slide 16: Historical Financials: Net Income, EPS, Dividend
Historical Financials Diluted EPS Annualized Dividend Net Income $5.2M $1.87 $0.66 $1.66 $0.58 $4.5M $0.51 $1.42 $3.8M FY2016 FY2017 FY2018 FY2016 FY2017 FY2018 FY2016 FY2017 FY2018 Kewaunee Scientific Corporation | NASDAQ: KEQU 16Historical Financials Diluted EPS Annualized Dividend Net Income $5.2
Slide 17: Financials – First Quarter, Fiscal Year 2019
Financials– First Quarter, Fiscal Year 2019 Revenue Net Earnings Diluted EPS $42.2M $0.50 $33.9M $1.4M $0.42 $1.1M 1Q18 1Q19 1Q18 1Q19 1Q18 1Q19 Kewaunee Scientific Corporation | NASDAQ: KEQU 17Financials– First Quarter, Fiscal Year 2019 Revenue Net Earnings Diluted EPS $42.2M $0.50 $33.9M $1.4M $0.
Slide 18: Balance Sheet
Balance Sheet ($000’s) As of July 31, 2018 As of April 30, 2018 As of April 30, 2017 Cash & Cash Equivalents $9,064 $9,716 $12,506 Total Assets $84,996 $84,358 $80,916 Total Liabilities $36,599 $36,837 $37,659 Total Stockholders’ Equity $48,397 $47,521 $43,257 Total Liabilities & Equity $84,996 $84,
Slide 19: Growth Tenets
Growth Tenets • Favorable secular mega trends ü Continued focus on “discovery” and “innovation” ü Increased investment in STEM and related education programs ü Aging global population ü Global infrastructure improvement ü Emerging markets moving from industrial to service economies • Grow market sha
Slide 20: Key Upcoming Milestones & Management Goals
Key Upcoming Milestones & Management Goals Near Term • Ramp expanded India facility • Middle East office expansion • CoDA new product launch Long Term • Continue to support dividend • Continue organic investment in new and innovative products • Continue to re-invest in the existing business through
Slide 21: Kewaunee Scientific Corporation
Kewaunee Scientific Corporation NASDAQ: KEQU Encouraging new discovery… WorldwideKewaunee Scientific Corporation NASDAQ: KEQU Encouraging new discovery… Worldwide
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