Slide 1: Second Quarter Earnings
Second Quarter Earnings JULY 23, 2015
Slide 2: Agenda
AGENDA • IDEX’s Outlook • Q2 2015 Financial Performance • Q2 2015 Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • Guidance Update • Q&A 1 Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries
Slide 3: Replay Information
Replay Information • Dial toll–free: 877.660.6853 • International: 201.612.7415 • Conference ID: #13598713 • Log on to: www.idexcorp.com 2 Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act
Cautionary Statement Under the Private Securities Litigation Reform Act This presentation and discussion will include forward-looking statements. Our actual performance may differ materially from that indicated or suggested by any such statements. There are a number of factors that could cause those
Slide 5: IDEX Q2 Financial Performance
IDEX Q2 Financial Performance Sales EPS Organic: 2% decrease 1% increase $547 $0.88 $0.89 $515 $1.00 $600 $400 $0.50 $200 $0 $0.00 Q2 Q2 2014 2015 201 4 201 5 Operating Margin Free Cash Flow 80 bps increase 7% increase 21.3% $80 $86 23.0% 20.5% $100 21.0% 19.0% $50 17.0% $0 15.0% Q2 Q2 201 4 201 5 2
Slide 6: Fluid & Metering
Fluid & Metering Orders Sales Operating Margin Organic: 3% decrease Organic: 2% decrease 50 bps decrease $233 $219 $226 $215 24.6% $300 $300 26.0% 24.1% $200 $200 24.0% $100 $100 22.0% $0 $0 20.0% Q2 Q2 Q2 2014 2015 2014 2015 2014 2015 Q2 Sales Mix: Organic -2% Q2 Summary: Water Services sales gro
Slide 7: Health & Science
Health & Science Orders Sales Operating Margin Organic: 4% decrease Organic: 4% increase 280 bps increase $194 $180 $186 $188 $200 $200 24.0% 22.3% $150 $150 22.0% $100 $100 19.5% $50 20.0% $50 $0 $0 18.0% Q2 Q2 Q2 2014 2015 2014 2015 2014 2015 Q2 Sales Mix: Organic 4% Q2 Summary: Scientific Fluid
Slide 8: Fire & Safety / Diversified
Fire & Safety / Diversified Orders Sales Operating Margin Organic: 7% decrease Organic: 11% decrease 170 bps increase $136 $125 $106 $112 28.1% $150 $150 29.0% $100 $100 28.0% 26.4% 27.0% $50 $50 26.0% $0 $0 25.0% Q2 Q2 Q2 2014 2015 2014 2015 2014 2015 Q2 Sales Mix: Organic -11% Q2 Summary: Dispen
Slide 9: Outlook: 2015 Guidance Summary
Outlook: 2015 Guidance Summary Q3 2015 EPS estimate range: $0.88 – $0.90 Operating margin: ~ 21% Tax rate: ~ 29.0 -- 29.5% Fx impact: ~5% topline headwind, or ~5 cents of EPS based on current Fx rates FY 2015 EPS estimate range: $3.50 – $3.60 Organic revenue growth: ~ Flat Operating margin: ~ 21% Fx