Gooch & Housego Plc · LSE:GHH
Gooch & Housego — Shareholder Meeting (February 2017)
10 slides from Gooch & Housego's shareholder meeting presentation, Feb 22, 2017
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 22 February 2017 Chairman: Gareth Jones / CEO: Mark Webster / CFO: Andrew Boteler
Slide 2: Photonics and the future
Photonics and the future Photonics is the study and design of systems that depend on the transmission, modulation or amplification of streams of photons, the basic unit of light. • Photonics is increasingly providing better solutions than electronics alone • Photonics is already transforming manufac
Slide 3: 2016 Highlights
2016 Highlights • Grew Revenue by 9.3% to record £86.1 million • Adjusted Profit before Tax up 9.7% to £14.2 million • Full year results are testament to active policy of diversification and resilience of the business • Two highly complementary acquisitions in the Aerospace and Defence sector • Inve
Slide 4: Financial Overview
Financial Overview Financial Track Record Revenue £’m H1 H2 Adjusted PBT £’m The business has delivered 100 16 profitable growth over an eight 90 14 year period. 80 12 70 10 13% CAGR in revenues since 60 50 8 FY2009. 40 6 30 4 20 24% CAGR in adjusted PBT 2 10 since FY2009. 0 0 29% CAGR in divi
Slide 5: Current trading and outlook 2017
2017 • Market conditions during the first 4 months were good • Orders are being driven by telecommunications and industrial lasers, in particular high reliability undersea fibre couplers and critical components used microelectronic manufacturing • Our two 2016 acquisitions Kent Periscopes and Alfali
Slide 6: StingRay Optics
StingRay Optics • Based in Keene, New Hampshire, USA • Market leading designer, manufacturer and supplier of world class custom optical assemblies • Product range covers laboratory, ground based, airborne, unmanned aerial vehicles(UAVs) and space applications • Meets strategic objectives of moving u
Slide 7: Performance improvement programme
Performance improvement programme Good progress made against all three areas: • Aim to have a high level of operational excellence across all sites, corporate group now set up in areas of supply chain, quality, compliance, process engineering and lean manufacturing • £ 3million government funded SIG
Slide 8: G&H's Major R&D Programs
G&H’s 6 Major R&D Programs Major R&D Sites New Products H1 FY’17 Program Space Torquay Optical Amplifier Comms Boston Laser Transmitter OCT Torquay Compact Delay Line Boston Compact Optical Spectrometer AO Devices & Ilminster Smart Dual 15W AO Driver Drivers Torquay 5.5μm Ge AO Modulator/Driver Frem
Slide 9: Our Strategy
Our Strategy Remains “Diversify” & “Move up the Value Chain” Diversify Establish critical mass in the A&D and Life Sciences sectors through a combination of investment in R&D and further acquisitions. Targeted High Growth areas include: • Fibre optic lasers • Fibre optic sensing • Precision inspecti
Slide 10: Summary & Outlook
Summary & Outlook • Photonics is transforming manufacturing, aerospace, communications and medicine • G&H has a world class photonics capability and is well placed to take advantage • We remain fully committed to the twin pillars of our strategy, namely diversification and moving up the value chain
Gooch & Housego — Shareholder Meeting (February 2017) on 6ix