Videndum PLC · LSE:VID
Videndum — The Vitec Group — Shareholder Meeting (May 2012)
13 slides from Videndum's shareholder meeting presentation, May 2012
Slide 1: The Vitec Group plc Annual Update, AGM May 2012
The Vitec Group plc Annual Update AGM MAY 2012
Slide 2: Agenda
Agenda • 2011 Performance highlights • Strategy • New product development • Acquisition strategy • People • Share price • City reaction • The future
Slide 3: 2011 Performance Highlights
The Vitec Group plc Page 3 2011 Performance Highlights > Revenue up 13.4%; operating profit* up 24.5% > Broadcast and Video markets continue to grow > Growth in core and new products > Geographically diverse contract wins > Photographic market expansion > Manfrotto Powerbrand launch ahead of expecta
Slide 4: Strategy
The Vitec Group plc Page 4 Strategy > Well understood by employees, investors and analysts • Invest in fast growing areas: B&I & LED lighting Broadcast & Video • Maintain product development • Continue to invest in Pro-market but grow Manfrotto through product extension & Photographic appealing to w
Slide 5: New product development
The Vitec Group plc Page 5 New product development Around 4% of revenue spent on R&D Expenditure more effective with focus AWARD B on areas of major growth: e s t o f > 7 “red dot” awards and 6 iF awards FHR-35 I B IMT Microlite C (2011) > Reduced time to market and more new product launches: • 45 n
Slide 6: Acquisitions Update - Lastolite
The Vitec Group plc Page 6 Acquisitions Update - Lastolite > Lastolite acquired in March 2011 > Initial consideration of £8.8m Placeholder for > UK-based photographic business picture > Leading position in umbrellas and reflectors > Synergies with our sales channels (Manfrotto) > Strong management:
Slide 7: Acquisitions Update - Haigh-Farr
The Vitec Group plc Page 7 Acquisitions Update - Haigh-Farr > Haigh Farr acquired in December 2011 > Initial consideration of $31m (£20m) > US-based MAG business: conformal antennae > Good breadth of programmes and customers on which it is specified > Synergies with customer base and technology for
Slide 8: Acquisitions Update - Camera Corps
The Vitec Group plc Page 8 Acquisitions Update - Camera Corps > Camera Corps acquired in April 2012 > Estimated net consideration of £8m Placeholder for > UK-based broadcast business picture > Leading position in robotic cameras > Synergies with our robotics business (VintenRadamec) and with our ser
Slide 9: People
The Vitec Group plc Page 9 People > Successful Management Conference March 2012. > Training programme being rolled out based on a shared ‘hub’. > NAB 2012 reflected strong sense of collaboration. The Vitec organisation is getting stronger
Slide 10: Share Price Performance 2009 to 2012
The Vitec Group plc Page 10 Share Price Performance 2009 to 2012
Slide 11: What do our shareholders think?
The Vitec Group plc Page 11 What do our shareholders think? ‘I like these guys. They’ve ‘Strong year of progress ‘Haigh-Farr looks a good put a strategy out there, against he three market fit, strengthening the which is absolutely the strategy’ - Brewin – March 2012 MAG offering’- Investec– right th
Slide 12: The Future
The Future • Focused on 3 markets that are growing • Taking share • Strong geographical reach Vitec is well positioned for future growth
Slide 13: The Vitec Group plc Annual Update, AGM May 2012
The Vitec Group plc Annual Update AGM MAY 2012