Videndum PLC · LSE:VID
Videndum — The Vitec Group — Shareholder Meeting (May 2016)
16 slides from Videndum's shareholder meeting presentation, May 18, 2016
Slide 1: The Vitec Group plc Annual General Meeting
The Vitec Group plc Annual General Meeting 18 May 2016
Slide 2: Agenda
The Vitec Group plc Page 2 Agenda > Trading update > 2015 Performance highlights > Market conditions > Good progress in delivering strategy > Outlook
Slide 3: 2016 Trading update
The Vitec Group plc Page 3 2016 Trading update Key points from this morning’s release: > Vitec performed as expected and in line with the same period last year for the first four months of the year > Board’s expectations for the full year remain unchanged > Anticipate that the Group’s performance in
Slide 4: 2015 Performance highlights
The Vitec Group plc Page 4 2015 Performance highlights > Full year performance in line with the Board’s expectations > Benefits from new products, acquisitions and IMT exit offset by anticipated headwinds from FX and non-repeat of Sochi Winter Olympics and FIFA World Cup > Growth in revenue and oper
Slide 5: 2015 Market conditions
The Vitec Group plc Page 5 2015 Market conditions > Broadcast Division > Variability in demand throughout the year Changing > More positive US offset by challenging EMEA market > Independent content creator segment continues to grow conditions with > Strong demand for high technology products pocket
Slide 6: Latest Information on Shipments of Interchangeable Lens Cameras
The Vitec Group plc Page 6 Latest Information on Shipments of Interchangeable Lens Cameras Shipments of interchangeable lens cameras (moving 12 month totals) and growth in installed base * (millions of units) * Management estimate, assuming 5 year replacement cycle Source: CIPA
Slide 7: Shipments of Interchangeable Lens Cameras (cont.)
The Vitec Group plc Page 7 Shipments of Interchangeable Lens Cameras (cont.) ILC Shipments –Variation vs PY (MAT Trend) Total Shipments - MAT Trend Var VALUE vs PY Var UNITS vs PY 0.0 -3.7 -3.4 -3.9 -4.3 -4.0 -4.2 -4.0 -4.5 -4.4 -4.6 -5.2 -5.3 -5.5 -5.8 -6.2 -5.0 -6.8 -4.0 -7.1 -7.1 -8.4 -5.7 -5.4 -
Slide 8: Good progress in continuing to deliver our strategy
The Vitec Group plc Page 8 Good progress in continuing to deliver our strategy > Building strong platform of higher technology products > Continued investment in new Improving the core product development & innovation > Focus on independent content creators & enterprise video > Continued to strength
Slide 9: Good progress in continuing to deliver our strategy (cont.)
The Vitec Group plc Page 9 Good progress in continuing to deliver our strategy (cont.) > Disciplined approach to acquisitions, with clear strategic and financial criteria Strategic acquisitions > Acquisitions performing well > Continue to identify potential opportunities > Streamlining activities pr
Slide 10: Five year performance reflects self-help & acquisitions
The Vitec Group plc Page 10 Five year performance reflects self-help & acquisitions £m 45 > Profit* and margin* growth Acquisitions FX & Disposals since 2010 despite market 40 and currency headwinds > Self-help initiatives have 35 delivered £12.8m of profit Volume, Self-Help price & 30 mix > Acquisi
Slide 11: New product development 2016
The Vitec Group plc Page 11 New product development 2016 New products and awards so far > 6 Red Dot awards > 1 TIPA award > NAB: 8 awards won > SmallHD HDR monitors > Teradek Sphere Acquisitions > Offhollywood > Provides camera-back modules for RED cameras and other services > Strong collaboration w
Slide 12: NAB Show
The Vitec Group plc Page 12 NAB Show Excellent track record in making and integrating acquisitions successfully
Slide 13: Total shareholder return – 2008 to 2015
The Vitec Group plc Page 13 Total shareholder return – 2008 to 2015 450 £ 400 350 300 250 200 150 100 50 0 31 Dec 2008 31 Dec 2009 31 Dec 2010 31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015 Vitec Group FTSE 250
Slide 14: Bill Vinten OBE
The Vitec Group plc Page 14 Bill Vinten OBE
Slide 15: Outlook
The Vitec Group plc Page 15 Outlook > We will continue to allocate resources to the faster growing technologies and regions and continue to identify and make appropriate, value-adding acquisitions > Vitec remains in a sound financial position and the Board remains confident about the future growth p
Slide 16: The Vitec Group plc contact details
The Vitec Group plc Bridge House Heron Square Richmond TW9 1EN UK Telephone: +44 (0)20 8332 4600 Fax: +44 (0)20 8948 8277 www.vitecgroup.com