Slide 1: Second Quarter 2017 Earnings
Second Quarter 2017 Earnings July 26, 2017 IDEX Proprietary & Confidential
Slide 2: Agenda
AGENDA • IDEX’s Outlook • Q2 2017 Financial Performance • Q2 2017 Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • 2017 Guidance Detail • Q&A 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: #13652252 • Log on to: www.idexcorp.com Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries IDEX Proprietary & Confidential 2
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures
Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures This presentation and discussion will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements may relate to, among other thin
Slide 5: IDEX Q2 Financial Performance
IDEX Q2 Financial Performance (Dollars in millions, excl. EPS) Sales EPS Organic: 3% increase 9% increase $573 $575 $550 $1.20 $1.08 $550 $1.10 $0.99 $525 $1.00 $500 $0.90 Q2 Q2 2016 2017 2016 2017 Operating Margin Free Cash Flow 110 bps increase 2% decrease 21.8% 20.7% 22.0% $90 $80 $78 20.0% $80 1
Slide 6: Fluid & Metering Technologies Organic Orders and Sales up 9 percent and 4 percent, respectively
Fluid & Metering Technologies (Dollars in millions) Orders Sales Operating Margin Organic: 9% increase Organic: 4% increase 270 bps increase 27.1% $232 $222 $221 28.0% $245 $230 $220 24.4% $230 $220 26.0% $215 $210 24.0% $200 $200 22.0% Q2 Q2 Q2 2016 2017 2016 2017 2016 2017 Q2 Sales Mix: Organic 4%
Slide 7: Health & Science Technologies Organic Orders and Sales up 11 percent and 6 percent, respectively
Health & Science Technologies (Dollars in millions) Orders Sales Operating Margin Organic: 11% increase Organic: 6% increase 60 bps increase 22.6% $212 $204 $225 23.0% 22.0% $210 $182 $200 $200 22.0% $187 $175 $190 21.0% $150 $180 20.0% Q2 Q2 Q2 2016 2017 2016 2017 2016 2017 Q2 Sales Mix: Organic 6%
Slide 8: Fire & Safety / Diversified Products Organic Orders up 7 percent
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Operating Margin Organic: 7% increase Organic: 1% decrease 80 bps increase $142 $148 $145 $142 $127 $150 26.0% 25.1% $130 24.3% $140 25.0% $115 24.0% $130 $100 23.0% Q2 $120 Q2 Q2 2016 2017 2016 2017 2016 2017 Q2 Sales Mix: Orga
Slide 9: Outlook: 2017 Guidance Summary
Outlook: 2017 Guidance Summary Q3 2017 – EPS estimate range: $1.04 – $1.06 – Organic revenue growth: ~ 6% – Operating margin: ~ 21.8% – Tax rate: ~ 26.5% – FX impact: Flat based on June 30, 2017 FX rates – Corporate costs: ~ $17 million FY 2017 – Adjusted EPS estimate range: $4.18 – $4.23 – Organic