El.en. S.p.a. · MIL:ELN
El.en — Q1 2016 Earnings Presentation
16 slides from El.en's earnings presentation, May 16, 2016
Slide 1: Conference Call Q1 2016 Financial Results
CONFERENCE CALL Q1 2016 FINANCIAL RESULTS May 16th , 2016
Slide 2: Disclaimer
Disclaimer Certain statements in this slide show, including those addressing the Company’s beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward‐looking statements. Forward‐looking statements involve known or unknown risks, including general economic
Slide 3: Q1 2016 Highlights
Q1 2016 Highlights Euro/000 31/03/15 31/03/16 Var.% unaudited unaudited Revenues 48.511 100,0% 55.231 100,0% 13,9% EBITDA 5.301 10,9% 7.669 13,9% 44,7% EBIT 4.456 9,2% 6.721 12,2% 50,8% Medical 34.191 70,5% 38.139 69,1% 11,5% Industrial 14.320 29,5% 17.092 30,9% 19,4%
Slide 4: Surgical Laser systems
Surgical Laser systems Monna Lisa Touch Litho
Slide 5: Aesthetic Laser systems
Aesthetic Laser systems Discovery Pico Mediostar Motus AX
Slide 6: Industrial lasers applications
Industrial lasers applications
Slide 7: Cynosure
Cynosure 45,00 40,00 35,00 30,00 25,00 € Mln 20,00 15,00 10,00 5,00 ‐ 2002/2004 2005 2007 2012 2014 2016 Year IRR= 32,50% Capital Gain = €92 mln
Slide 8: Consolidated Revenues and EBIT
Consolidated Revenues and EBIT SALES EBIT EBIT’’(*) 250 38 225 33 200 28 175 23 150 18 125 13 100 8 75 50 3 25 (2) 0 (7) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 (E) (*) EBIT + Cyno Capital Gain per year
Slide 9: Q1 2016 Financial Results
Q1 - 2016 Financial Results ee
Slide 10: Q1 2016 Consolidated P&L
Q1 2016 Consolidated P&L Euro/000 31/03/15 31/03/16 Var.% unaudited unaudited Revenues 48.511 100,0% 55.231 100,0% 13,9% Gross margin 22.242 45,8% 25.400 46,0% 14,2% Operating Expenses 6.930 14,3% 7.296 13,2% 5,3% Staff espenses 10.011 20,6% 10.434 18,9% 4,2% EBITDA 5.301 10,9% 7.669 13,9% 44,7% Dep
Slide 11: Net financial position and Capex
Net financial position and Capex Euro '000 31/12/15 31/03/16 30/04/16 (*) Net financial position : 29.815 27.560 67.410 Financial invest. m/l term: 10.643 10.701 10.701 (*) including $45,1 mln of Cyno's shares sale Euro '000 31/03/15 31/03/16 Capex 635 2.854
Slide 12: Medical Lasers Business
Medical Lasers Business +1% 18 MEDICAL: +11% 16 14 12 +24% 10 +23% Mln 8 6 +11% 4 2 - Aesthetic Surgical Physiotherapy Service 03/15 03/16
Slide 13: Industrial Lasers Business
Industrial Lasers Business 14 +27% INDUSTRIAL: +19% 12 10 8 Mln 6 +46% 4 ‐89% +26% 2 - Cutting Marking Laser sources Service 03/15 03/16
Slide 14: Breakdown by Area
Breakdown by Area 40 +12% 35 30 25 Mln 20 15 +40% ‐1% 10 5 - Italy Europe Row 03/15 03/16
Slide 15: 2016 Guidance
2016 Guidance Sales 2016 = Sales 2015 +5% ‐> €229 mln EBIT 2016 = EBIT 2015 ‐> €22 mln
Slide 16: Investor Relations Contacts
El.En. SPA Enrico ROMAGNOLI Investor Relations Manager tel. +39 055‐8826807 E‐mail: finance@elen.it POLYTEMS HIR SRL Bianca FERSINI MASTELLONI Financial Communication Tel. +39 06‐6797849 / +39 06‐69923324 E‐mail: b.fersini@polytemshir.it POLYTEMS HIR SRL Silvia MARONGIU Press office Tel. +39 06‐6797