Novanta Inc. · NASDAQ:NOVT
Novanta — GSI Lumonics — Investor Presentation (June 2004)
22 slides from Novanta's investor presentation, Jun 8, 2004
Slide 1: Investor Overview June, 2004
Investor Overview June, 2004 Revision # 070604a
Slide 2: Safe Harbor
Safe Harbor Certain statements in this presentation may constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (the Reform Act), Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securi
Slide 3: Proprietary enabling technologies, strong balance sheet, growth strategy
Proprietary enabling technologies Components Lasers Laser Systems Strong balance sheet Growth Strategy
Slide 4: Business Segments % of Revenue Q1 2004
Business Segments % of Revenue Q1 2004* *Exceeds 100%, as this includes sales between segments, which is 6% of total sales Q1.
Slide 5: Global Sales Reach % of Revenue Q1 2004
Global Sales Reach % of Revenue Q1 2004
Slide 6: Industry-Leading Customers
Industry-Leading Customers
Slide 7: GSLI Growth Strategy
GSLI Growth Strategy Develop new products & market niches Acquire enabling technology
Slide 8: Acquisition Strategy
Acquisition Strategy Enabling technology Complementary products Use of cash Accretive Track record DRC (2003) Spectron (2003) Westwind Air Bearings (2003) MicroE (2004)
Slide 9: Westwind Rotary motion
Westwind Rotary motion Cash purchase - $35 million Accretive in Q1'04 Sales in 2003 - $30 million Leading supplier PCB drilling spindles Future growth opportunities: data storage industrial printing
Slide 10: MicroE Motion control
MicroE Motion control Cash purchase - $55 million Accretive Q3'04 Sales in Q1'04 - $7.7 million Leader in data storage Future growth opportunities: robotics medical industrial
Slide 11: Precision Components
Precision Components Component/ Market Scanners Encoders Optics Rotary Motion Light Automotive & Industrial l l l Electronics & Semiconductor l l l l Medical Devices l l Aerospace l l l Scientific & Research l l l
Slide 12: Precision Components Sales (US$ Millions)
Precision Components Sales (US$ Millions)* * These sales include sales between segments.
Slide 13: Lasers
Lasers Laser/Market YAG DPSS CO2 YLF Excimer Light Automotive & Industrial l l l l Electronics & Components l l l l l Medical Devices l l l l Aerospace l l Scientific & Research l l l
Slide 14: Lasers Sales (US$ Millions)
Lasers Sales (US$ Millions)* * These sales include sales between segments.
Slide 15: Systems
Systems System/Market Memory Repair Wafer Trimming Wafer Marking Circuit Trimming PCB Inspection Semiconductor l l l Electronics l l
Slide 16: Systems Sales (US$ Millions)
Systems Sales (US$ Millions)
Slide 17: Market Drivers
Market Drivers Notebook pc's Mobile phones PDA's Digital cameras Wireless tools & equipment Flat panel displays
Slide 18: GSLI - Revenue & Earnings Trends
GSLI - Revenue & Earnings Trends Revenues (US$ Millions) Earnings (US$ Millions)
Slide 19: GSLI - Bookings & Backlog (US$ Millions)
GSLI - Bookings & Backlog (US$ Millions) Bookings* Backlog** * This excludes Westwind a.prior to 2004. * * This includes Westwind
Slide 20: GSLI - Selected Balance Sheet
GSLI - Selected Balance Sheet Cash & Investments $114 US million Total Assets $330 US million NBV $273 US million Actual as of April 2, 2004
Slide 21: Targeted Business Model
Targeted Business Model Q1 2004 Target Revenues Gross margin Engineering SG & A expenses Amortization of purchased intangibles Restructuring and other Operating profit 100 % 100 % 39.7 % 44 % 6.4 % 10 % 18 % 17 % 2.1% 2 % 0 % 13.2 % 15 %
Slide 22: GSLI - In Review
GSLI - In Review Position: New products Excellent market relationships Strong balance sheet - no debt Growth: Business recovery Acquire technologies Expand market niches