Slide 1: Q3 2008 Earnings Call
Q3 2008 Earnings Call November 5,
Slide 2: Forward-Looking Statements
The following information contains forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax's plans, objectives, expectati
Slide 3: Q3 Highlights
Adjusted net income of $12.1 million (28 cents per share), an increase of 34.4% Net sales of $153.5 million, an increase of 22.4% (organic growth of 14.3%) Adjusted operating income of $20.3 million, an increase of 21.5% Adjusted EBITDA of $24.0 million, an increase of 18.6% Third quarter orders of
Slide 4: YTD Highlights
Adjusted net income of $36.2 million (82 cents per share), an increase of 40.6% Net sales of $445.5 million, an increase of 22.9% (organic growth of 11.8%) Adjusted operating income of $62.2 million, an increase of 29.5% Adjusted EBITDA of $73.5 million, an increase of 24.2% Orders of $542.9 million
Slide 5: Historical Orders & Backlog
Orders Backlog ____________________ Note: Dollars in millions. 5.7% Acquisitions 1.4% FX Translation 6.0% Total Growth -- -- -- 13.2% 15.7% 2.0% 10.0% 27.7% Existing Businesses -- -- -- Accelerating order and backlog growth 38.8% 5.1% 1.8% 45.7% -- -- -- Historical Orders & Backlog
Slide 6: Financial Performance Overview
Adjusted EBITDA (1) Revenue % Margin 16.2% 15.7% 14.3% Acquisitions 1.0% FX Translation 7.1% Total Growth 22.4% -- -- -- Existing Businesses -- -- -- 16.3% 16.5% 11.8% 1.3% 9.8% 22.9% Consistent track record of profitable sales growth Financial Performance Overview (1) Refer to Appendix for Non-GAAP
Slide 7: Q3 2008 Sales and Orders by End Market
Q3 2008 Sales: $153.5 million Q3 2008 Orders: $173.8 million Well positioned in five attractive and diverse end markets Q3 2008 Sales and Orders by End Market
Slide 8: YTD 2008 Sales and Orders by End Market
YTD 2008 Sales: $445.5 million YTD 2008 Orders: $542.9 million Well positioned in five attractive and diverse end markets YTD 2008 Sales and Orders by End Market
Slide 9: Commercial Marine Market Perspective
22% Comm. Marine 29% Comm. Marine Q3 Year-Over-Year Results Orders up 4.1% year-over-year (-3.7% organic growth) Sales up 31.8% year-over-year (19.5% organic growth) YTD Year-Over-Year Results Orders up 37.5% year-over-year (22.1% organic growth) Sales up 25.2% year-over-year (11.2% organic growth)
Slide 10: Oil & Gas Market Perspective
17% O&G 13% O&G Strong product portfolio capable of solving needs of evolving oil & gas market Colfax Q3 08 Orders Split Colfax Q3 08 Sales Split Q3 Year-Over-Year Results Orders up 41.8% year-over-year (36.5% organic growth) Sales up 3.3% year-over-year (0.7% organic growth) YTD Year-Over-Year Resu
Slide 11: Power Generation Market Perspective
16% Power Gen. 11% Power Gen. Leading supplier of lubrication solutions to power generation OEMs Colfax Q3 08 Orders Split Colfax Q3 08 Sales Split Q3 Year-Over-Year Results Orders up 10.7% year-over-year (4.5% organic growth) Sales up 23.8% year-over-year (19.3% organic growth) YTD Year-Over-Year R
Slide 12: Global Navy Market Perspective
6% Navy 5% Navy Developing innovative fluid handling products and systems to drive future growth Colfax Q3 08 Orders Split Colfax Q3 08 Sales Split Q3 Year-Over-Year Results Orders up 45.7% year-over-year (12.0% organic growth) Sales up 40.2% year-over-year (19.3% organic growth) YTD Year-Over-Year
Slide 13: General Industrial Perspective
42% General Industrial 39% General Industrial Leading supplier of highly engineered fluid handling products and systems with global reach Colfax Q3 08 Orders Split Colfax Q3 08 Sales Split Q3 Year-Over-Year Results Orders up 6.8% year-over-year (1.0% organic growth) Sales up 21.3% year-over-year (14
Slide 14: Income Statement Summary
Refer to Appendix for Non-GAAP reconciliation. __________________ Note: Dollars in millions. Income Statement Summary
Slide 15: Income Statement Summary
Refer to Appendix for Non-GAAP reconciliation. __________________ Note: Dollars in millions. Income Statement Summary
Slide 16: Statement of Cash Flows Summary
____________________ Note: Dollars in millions. Statement of Cash Flows Summary
Slide 17: Well Positioned for the Future
Leading Brand Names Generating Aftermarket Sales and Services Experienced Management Team in Place to Grow Organically and Through Strategic Acquisitions Global Leader in Specialty Fluid Handling Products Proven Application Expertise in Solving Critical Customer Needs Serving Fast Growing Infrastruc
Slide 18: Appendix
Coffe 93-2008 Earnings Cal
Slide 19: Non-GAAP Financial Measures
Adjusted net income, adjusted net income per share, adjusted operating income, EBITDA, adjusted EBITDA, adjusted selling, general and administrative expenses, organic sales growth and organic order growth are non-GAAP financial measures. Adjusted net income, adjusted net income per share, adjusted o
Slide 20: Colfax Non-GAAP Reconciliation
Colfax Non-GAAP Reconciliation 3 2008 Earnings Cail Depend nae Sager Seana a
Slide 21: Colfax Non-GAAP Reconciliation
Colfax Non-GAAP Reconciliation 3.2008 Eamings Cait ‘Soember a Adj Nt Income aod Adan args er Share
Slide 22: Colfax Non-GAAP Reconciliation
Colfax ~ Non-GAAP Reconciliation 3 2008 Earnings Cal! Sarees Sp Allee SCA Espen
Slide 23: Sales & Order Growth
fax Sales & Order Growth 3 2008 Earnings Cail hs Ended September 28,2007 ‘Three Months Ended September 26,2018 Siena ae npc of ri wh fom Eg cece opens Forcign Caren Tanshatin Tal Goth Nine Months Ended Sepember 26,2008 s a 137% 2%