El.en. S.p.a. · MIL:ELN
El.en — Investor Presentation (June 2016)
27 slides from El.en's investor presentation, Jun 21, 2016
Slide 1: Company Presentation
COMPANY PRESENTATION June 21th, 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: Summary
Summary 1. LASERS AND LASER APPLICATIONS 2. THE GLOBAL LASER MARKET 3. EL.EN. GROUP 4. Q1 - 2016 FINANCIAL RESULTS 5. 2016 GUIDANCE
Slide 4: Lasers and Laser Applications
Lasers and Laser Applications
Slide 5: Laser
LASER Light Amplification by Stimulated Emission of Radiation MEDICAL LASER Systems INDUSTRIAL LASER Systems
Slide 6: Surgical Laser systems
Surgical Laser systems Monna Lisa Touch Litho
Slide 7: Aesthetic Laser systems
Aesthetic Laser systems Discovery Pico Mediostar Motus AX
Slide 8: Industrial lasers applications
Industrial lasers applications
Slide 9: The Global Laser Market
The Global Laser Market Cee
Slide 10: The Medical Laser Market
The MEDICAL Laser Market Global market for medical lasers by end use, through 2019 ($ millions) Market Segment 2013 2014 2019 CAGR% 2014-2019 Surgical 758 813 1.219 8,4% Cosmetic 895 1.024 2.097 15,4% Dental 209 244 623 20,7% Veterinary 99 115 247 16,5% Total 1.961 2.195 4.185 13,8% Global market fo
Slide 11: The Industrial Laser Market
The INDUSTRIAL Laser Market Global market and forecast for high power laser systems by application (by value) By Value Global Market (EUR Million) CAGR (%) 2013 2016 2020 2013-2016 2016-2020 Cutting 2.408 3.014 3.965 7,8 7,1 Welding and Brazing 1.249 1.605 2.231 8,7 8,6 Surface treatment and Other 5
Slide 12: El.En. Group
El.En. Group
Slide 13: Group Overview
Group Overview High –Tech laser photonics Group Develops, manufactures and distributes laser sources and laser systems for medical and industrial applications Know-how based on 35 years stratification of multidisciplinary experience FY 2015: Consolidated Revenues of €218 mln, up 21% YoY Q1 2016: Con
Slide 14: El.En. Group
El.En. Group
Slide 15: Strategic Strengths
Strategic Strengths Multidisciplinary and multifacility R&D activity: sources, systems, applications Industrial Combine High tech laser source development with flexible production facilities in high growth areas Medical Technological and clinical innovation improving performance and broadening the a
Slide 16: 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 17: 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 18: R&D Activity
R&D Activity Clinical trials and validations of new therapeutic laser treatments and research on new applications of laser- tissue interaction Broadening Mona Lisa Touch Clinical studies New Pico second laser platform Clinical studies on cutaneous ulcers Painless laser hair removal Patents developme
Slide 19: Q1 - 2016 Financial Results
fi ld Q1 - 2016 Financial Results Cee
Slide 20: 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% EBITDA 5.301 10,9% 7.669 13,9% 44,7% EBIT 4.456 9,2% 6.721 12,2% 50,8% Pretax Income 6.305 13,0% 5.813 10,5% -7,8%
Slide 21: 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 22: 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 23: 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 24: 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 25: 2016 Guidance
c&.& ——£LEn. Group Cee 2016 Guidance
Slide 26: 2016 Guidance
2016 Guidance Sales 2016 = Sales 2015 +5% -> €229 mln EBIT 2016 = EBIT 2015 -> €22 mln
Slide 27: 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