Ico Group Limited · HKEX:1460
Ico — Investor Presentation (June 2008)
17 slides from Ico's investor presentation, Jun 13, 2008
Slide 1: Investor Update June 12, 2008
Investor Update June 12, 2008
Slide 2: Forward-looking statements
Certain matters discussed in this presentation are “forward-looking statements,” involving certain risks, uncertainties, and assumptions, intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. The Company’s statements regarding tr
Slide 3: ICO: Polymer compounding, size reduction and specialty services
Icom ICO is a global provider of polymer compounding, size reduction and specialty services. ICO produces custom polymer powders for rotational molding and other polymer segments, including textiles, metal coatings and masterbatch. Ico remains an industry leader in size reduction, compounding and ot
Slide 4: ICO at a Glance
ICO at a Glance § 900 Employees § 20 Plants/Warehouses § Organized into 5 regions: Bayshore, ICO Polymers North America, ICO Europe, ICO Asia Pacific, ICO Brazil § 66% of revenues derived internationally § Ranked 20 th by the Houston Chronicle on the May 2008 list of top 100 public companies based i
Slide 5: ICO's Fit in the Value Chain
Oil & Gas Exploration and Production Ethane, Propane, Naphtha Polymer Producers: PE, PP, PS, PVC End Product Converters: tank producers, film manufacturers, toy makers, molders Ethylene, Propylene, Styrene, Vinyl Chloride Processors: ICO Polymers/ Bayshore Industrial ASSETS UTILIZED Drilling rigs, p
Slide 6: Products & Services
Compounds, including Concentrates Produced by Bayshore Industrial Products & Services Custom Powders for Rotational molding ■ Proprietary ICORENE ® and COTENE ® product lines sold across the globe ■ Business built on value-adds, such as: - Grades tailored to client, driven by application - R&D and t
Slide 7: Size Reduction Services
■ Ambient Grinding - high-volume, typically moderate value-add service ■ Cryogenic Grinding - greater value-add and requiring more technical expertise to serve the market for heat sensitive materials ■ Jet Milling - greater value-add and requiring more technical expertise for ultrafine particle size
Slide 8: Global Platform: Europe
Verolanuova, IT Soreco, FR Montereau, FR Beaucaire, FR Gainsborough, UK ’s-Gravendeel, NL
Slide 9: Global Platform: North America
Global Platform ICO North America China, TX Fontana, CA Asbury, NJ (Relocating to PA) Grand Junction, TN East Chicago, IN Bayshore MB Compounding - - LaPorte, TX
Slide 10: Global Platform: ICO Asia-Pacific
Global Platform ICO Asia-Pacific ICO Malaysia ICO New Zealand ICO Australia Brisbane ICO U.A.E ICO Australia Melbourne
Slide 11: Global Platform: ICO Polymers Brazil
Global Platform ICO Polymers Brazil Belo Horizonte, Brazil Americana, Brazil
Slide 12: Historical Financial Performance
*Six months ended March 31, 2008 Historical Financial Performance
Slide 13: Historical Financial Performance: Second Quarter 2008 Highlights
6 Months Q2 2008 Q2 2007 Q1 2008 FY 2008 FY 2007 Historical Financial Performance Second Quarter 2008 Financial Highlights: • Revenues of $112.1 million, an increase of $17.4 million or 18% from the prior year • Volume growth of 2% compared to the second quarter of fiscal 2007 • Operating income of
Slide 14: Historical Financial Performance - Cont'd
Historical Financial Performance- Cont’d $ in millions
Slide 15: Operating Margin Breakdown
Operating Margin Breakdown 17% 9% 7% 18% 9% 7% 20% 11% 7% 18% 12% 3% 19% 13% 2% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% Six months ended March 31, 2008 FY FY FY2005 FY2004 Gross Margin SG&A Operating Margin
Slide 16: Return on Assets by Business Segment
FY2007 Return on Assets by Business Segment (a) ROA is calculated by dividing operating income by total assets.
Slide 17: Value Creation Opportunities - FY 2008 and Beyond
Value Creation Opportunities - FY 2008 and Beyond ■ Capitalize on global platform • Cultivate global customer relationships • Further develop strategic raw material supply relationships ■ Profitably grow plant opened in 2007 in the Middle East (Dubai) ■ Profitably grow our business in Brazil and Sou