Cae Inc. · TSX:CAE

Cae — Shareholder Meeting (2012)

89 slides from Cae's shareholder meeting presentation, 2012

  1. Slide 1: Annual and Special Shareholders Meeting

    Annual and Special Shareholders Meeting

  2. Slide 2: Call to Order

    Call to Order

  3. Slide 3: Constitution of Meeting

    Constitution of Meeting

  4. Slide 4: Appointment of Scrutineers

    Appointment of Scrutineers

  5. Slide 5: Establishment of Quorum

    Establishment of Quorum

  6. Slide 6: Meeting Regularly Constituted and Voting

    Meeting Regularly Constituted and Voting

  7. Slide 7: Minutes of 2011 Annual Meeting

    Minutes of 2011 Annual Meeting

  8. Slide 8: Financial Statements and Auditors' Report

    Financial Statements and Auditors’ Report

  9. Slide 9: Chairman's Remarks

    Chairman’s Remarks

  10. Slide 10: Election of Directors

    Election of Directors

  11. Slide 11: Appointment of Auditors

    Appointment of Auditors

  12. Slide 12: Approval of the Resolution to Renew the Shareholder Protection Rights Plan

    Approval of the Resolution to Renew the Shareholder Protection Rights Plan

  13. Slide 13: Resolution Regarding Executive Compensation

    Resolution Regarding Executive Compensation

  14. Slide 14: President's Address to Shareholders

    President’s Address to Shareholders

  15. Slide 15: Marc Parent, President and Chief Executive Officer

    Marc Parent President and Chief Executive Officer

  16. Slide 16: Leading by innovation

    Leading by innovation We develop innovative technologies and services We are innovative in the way we go to market We have innovative partnerships and relationships with our customers We develop innovative programs for our employees

  17. Slide 17: Our innovative technologies and services

    Our innovative technologies and services

  18. Slide 18: Our innovative technologies and services

    Our innovative technologies and services

  19. Slide 19: Civil market

    Our innovative technologies and services Civil market

  20. Slide 20: Civil market

    Our innovative technologies and services Civil market AVIC Medium-Sized Transport aircraft Bombardier CSeries Bombardier Learjet 85 Airbus A350 Mitsubishi MRJ

  21. Slide 21: CAE 3000 Series

    Our innovative technologies and services CAE 3000 Series largest helicopter operator in Brazil

  22. Slide 22: Civil full-flight simulators FY2012

    Our innovative technologies and services Civil 37 civil full-flight simulators FY2012 10 full-flight simulator sales YTD

  23. Slide 23: CAE Real Case

    Our innovative technologies and services CAE Real Case

  24. Slide 24: Closer to our customers

    Our innovative technologies and services Closer to our customers

  25. Slide 25: Defence Market

    Our innovative technologies and services Defence Market Support the forces of > 50 nations

  26. Slide 26: Our innovative technologies and services

    Our innovative technologies and services Our innovative technologies and services Alenia Aermacchi M-346 Boeing P-8 Poseidon AgustaWestland AW189

  27. Slide 27: Mission training

    Our innovative technologies and services Mission training

  28. Slide 28: Mission training

    Our innovative technologies and services Mission training

  29. Slide 29: New Core Markets

    Our innovative technologies and services New Core Markets

  30. Slide 30: Healthcare – products

    Our innovative technologies and services Healthcare – products

  31. Slide 31: World leader in healthcare simulation technology

    Our innovative technologies and services More than 6,000 of our simulators are in use worldwide World leader in healthcare simulation technology

  32. Slide 32: Mining

    Our innovative technologies and services Mining Reduce cost of training and improve safety Solutions from exploration data management to mine planning

  33. Slide 33: Go to market strategy

    Go to market strategy

  34. Slide 34: Global company supporting customers locally

    Go to market strategy Global company supporting customers locally 800 employees on 70 military bases

  35. Slide 35: Global company supporting customers locally

    Go to market Global company supporting customers locally

  36. Slide 36: Broadest portfolio of products and services

    Go to market strategy Broadest portfolio of products and services

  37. Slide 37: Strategic move

    Go to market strategy Strategic move + = Increased revenue & cost synergies World leader in training Most esteemed brand in commercial pilots Ab-Initio training & aviation personnel sourcing

  38. Slide 38: Ab-Initio training

    Go to market strategy Ab-Initio training

  39. Slide 39: Ab-Initio training

    Go to market strategy Ab-Initio training Recruit Ab-Initio Type rating Placement

  40. Slide 40: The world's largest

    Go to market strategy The world’s largest  Type rating network with 44 training locations  Flight training organization with 12 Ab-Initio schools  Aviation personnel sourcing organization with over 1,200 aviation professionals, with 50 airlines

  41. Slide 41: KC-135 program

    Go to market strategy KC-135 program More than 3,500 trained annually 13 USAF bases in the United States and internationally

  42. Slide 42: New Core Markets - Healthcare

    Go to market strategy New Core Markets - Healthcare Sales & Distributors Network

  43. Slide 43: New Core Markets – Mining Offices

    Go to market strategy New Core Markets – Mining Offices

  44. Slide 44: Innovative partnerships and relationships

    Innovative partnerships and relationships

  45. Slide 45: Innovative partnerships and relationships

    Innovative partnerships and relationships

  46. Slide 46: JV with Air Asia

    Innovative partnerships and relationships JV with Air Asia Sold simulators Operated its training centre Today, we train › All pilots › Maintenance Technicians › Cabin crew › Ground personnel

  47. Slide 47: Multi-Purpose Training Centre

    Innovative partnerships and relationships Multi-Purpose Training Centre Partnership with the government of Brunei

  48. Slide 48: Long standing relationship

    Innovative partnerships and relationships Long standing relationship 8 additional simulators

  49. Slide 49: Growing our people and positioning them around the world

    Growing our people and positioning them around the world

  50. Slide 50: Growing our people and positioning them around the world

    Growing our people and positioning them around the world

  51. Slide 51: Conclusion

    Conclusion Conclusion Leader in all our market segments First mover advantage in the emerging markets Geographic balance 8,000 employees on six continents Customers in more than 190 countries

  52. Slide 52: Global reach, Innovative solutions, Best-in-class personnel

    Conclusion Global Innovative Best-in-class reach solutions personnel

  53. Slide 53: Stéphane Lefebvre, Chief Financial Officer

    Stéphane Lefebvre Chief Financial Officer

  54. Slide 54: Positioned for a strong future

    FY2012 Highlights Positioned for a strong future Revenue (Millions of $) Net earnings (Millions of $)

  55. Slide 55: Record backlog of $3.7 billion

    FY2012 Highlights Positioned for a strong future Backlog (Millions of $) Record backlog of $3.7 billion

  56. Slide 56: Civil

    FY2012 Highlights Civil Revenue $841M Segment Operating Income $174M Margin 20.7% Orders with expected value $1.1B

  57. Slide 57: Defence

    FY2012 Highlights Defence Revenue $897M Segment Operating Income $142M Margin 15.8% Orders $960M

  58. Slide 58: CAPEX and free cash flow

    FY2012 Highlights CAPEX $166M › $117M for growth › $49M for maintenance Free cash flow (96% conversion) $174M Solid performance in FY12

  59. Slide 59: Q1 FY2013 Highlights

    Q1 FY2013 Highlights

  60. Slide 60: Q1 FY2013 Revenue and Net income

    Q1 FY2013 Highlights Revenue $480M Net income $21.3M Net income excl. restructuring, integration $46.7M and acquisition cost Earnings per share $0.08 EPS excl. restructuring, integration and acquisition cost $0.18

  61. Slide 61: Civil

    Q1 FY2013 Highlights Civil Revenue $251M Segment Operating Margin 19% Orders $235M Book-to-sales ratio (Q1) 0.94x Book-to-sales ratio (12 months) 1.24x

  62. Slide 62: Defence

    Q1 FY2013 Highlights Defence Revenue $203M Segment Operating Margin 14% Orders $146M Book-to-sales ratio (Q1) 0.72x Book-to-sales ratio (12 months) 1.00x

  63. Slide 63: New Core Markets

    Q1 FY2013 Highlights New Core Markets Revenue $26.1M Operating profit $0.7M

  64. Slide 64: Additional financial highlights

    Q1 FY2013 Highlights Additional financial highlights Income taxes (22%) $6.2M Free cash flow ($98M) › Unfavorable changes in non-cash working capital › Lower cash from operating activities Net debt $988.9M CAPEX $46.5M › $34.3M for growth

  65. Slide 65: Revolving Credit facility at better interest rates

    Q1 FY2013 Highlights Revolving Credit facility at better interest rates Extended from April 2015 to April 2017 Increased from $450M to $550M › $100M to reduce banking facility for Oxford acquisition Reflects quality of our business and healthy balance sheet

  66. Slide 66: Use of capital and free cash flow

    Q1 FY2013 Highlights Use of capital and free cash flow For selective investment where demand is secured For reducing our debt For generating higher current returns to shareholders

  67. Slide 67: Financial Summary

    Q1 FY2013 Highlights Financial Summary Performance reflects restructuring, acquisition and integration of Oxford Good financial health Solid Backlog at $3.9B Well positioned for the future

  68. Slide 68: Looking Forward

    Looking Forward

  69. Slide 69: Civil

    FY2013 : Shaping up the way we expected Civil Market continues to be robust with large aircraft backlogs › Airbus & Boeing: 8,500 aircraft to be delivered within next 6 years Total commercial aircraft backlog exceeds 10,000 for first time in history CAE already announced sales of 10 simulators › Exp

  70. Slide 70: Civil Training and Services

    FY2013 : Shaping up the way we expected Civil Training and Services 216 simulators in 44 training locations 12 flight schools around the world Offering clients end-to-end solutions Identified more opportunities to better serve our clients › Larger footprint › Broader portfolio

  71. Slide 71: Civil Training and Services – easyJet contract

    FY2013 : Shaping up the way we expected Civil Training and Services Long-term contract with easyJet Train cadets in our Ab-Initio schools Train them in our simulation centres when they graduate Providing crews through CAE Parc Aviation

  72. Slide 72: Ab-Initio training

    FY2013 : Shaping up the way we expected Ab-Initio training Recruit Ab Initio Type rating Placement Total offering will have positive impacts on the revenue as well as on the bottom line Cost efficiencies throughout the network

  73. Slide 73: Civil Training and Services – Business Aviation

    FY2013 : Shaping up the way we expected Civil Training and Services – Business Aviation Recovery still underway Utilization slowly increasing › Significant delivery levels in international and emerging markets During Farnborough airshow in early July › Bombardier announced its largest business aircr

  74. Slide 74: Signs of optimism with new programs launched by OEMs

    FY2013 : Shaping up the way we expected Signs of optimism with new programs launched by OEMs

  75. Slide 75: Civil: Expect double-digit growth

    FY2013 : Shaping up the way we expected Civil Expect double- digit growth with improved margins in our combined civil sector

  76. Slide 76: Defence

    FY2013 : Shaping up the way we expected Defence Market remains challenging › Difficult to predict timing of orders CAE has a strong pipeline of opportunities › US military expects two of the biggest export platforms over the decade - MH-60R helicopter & C-130J transport › CAE leads on these two plat

  77. Slide 77: Defence: Higher levels of activity in emerging markets

    FY2013 : Shaping up the way we expected Defence Higher levels of activity in the emerging markets › Multi-Purpose Training Centre in partnership with the government of Brunei

  78. Slide 78: Defence: Continue to innovate

    FY2013 : Shaping up the way we expected Defence Continue to innovate to ensure our offering remains as relevant as it is today › Delivering high fidelity training to promote the safety and mission-effectiveness of our defence partners worldwide Expect to see defence orders, revenue, earnings and mar

  79. Slide 79: New Core Markets

    FY2013 : Shaping up the way we expected New Core Markets Good progress in healthcare & mining › Critical mass to generate • >$100 million of revenue • Profitable

  80. Slide 80: Fruits of our strategy

    FY2013 : Looking Forward Fruits of our strategy More revenue and cash flow from our recurring services than ever before Continued confidence in our company › Dividend increase to $0.05, effective September 28, 2012

  81. Slide 81: Business platforms in strong position: Civil

    CAE is in a strong position CAE Business platforms in strong position Civil Acquisition of Oxford Aviation Academy › Solidified our global footprint › Enhanced our total offering to our customers Market leadership Responding to growing needs of our customers Robust market

  82. Slide 82: Business platforms in strong position: Defence

    CAE is in a strong position CAE Business platforms in strong position Defence Large pipeline of opportunities › Aircraft in high demand by many Forces around the world › Our challenge: predicting the timing of contract awards

  83. Slide 83: Business platforms in strong position: New Core Markets

    CAE is in a strong position CAE Business platforms in strong position New Core Markets Critical mass to leverage CAE capabilities Strong position Right team to deliver positive results

  84. Slide 84: CAE is in a strong position

    FY2013 : Looking Forward CAE is in a strong position The position we have built in Civil, Defence and New Core Markets represents the best in class assets for our customers and stakeholders

  85. Slide 85: CAE is in a strong position

    CAE is in a strong position zw On (2 ) Annual and Special CARLY = Shareholders Meeting

  86. Slide 86: Thank You

    Thank You

  87. Slide 87: Shareholder Question Period

    Shareholder Question Period

  88. Slide 88: Results of Ballots

    Results of Ballots

  89. Slide 89: Termination of Meeting

    Termination of Meeting

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