Novanta Inc. · NASDAQ:NOVT
Novanta — GSI Lumonics — Investor Presentation (November 2004)
17 slides from Novanta's investor presentation, Nov 1, 2004
Slide 1: GSi Lumonics
GSi Lumonics (661 Lumenies 2004 ave rent
Slide 2: Safe Harbor
Safe Harbor Certain statements in this presentation may constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act
Slide 3: Enabling technologies, Strong balance sheet, Growth
Enabling technologies Strong balance sheet Growth
Slide 4: Business Segments % of Revenue Q3 2004
Business Segments % of Revenue Q3 2004* *Exceeds 100%, as this includes sales between segments, which is 4% of total sales Q3.
Slide 5: Global Sales % of Revenue Q3 2004
Global Sales % of Revenue Q3 2004
Slide 6: Market Segments % of Revenue Q3 2004
Market Segments % of Revenue Q3 2004* * As of October 1, 2004
Slide 7: Major Customers — Q3
Major Customers — Q3° eit? DELPHI schmoll W I ‘YOSHIKAWA SEMICONDUCTOR Ze very i" DENSO ‘@6SI Limenies 2004
Slide 8: Growth Strategy
Growth Strategy Develop new niche markets Acquire new technology Create product synergies
Slide 9: Acquisition Strategy
Acquisition Strategy Enabling technologies Cash Accretive Track record DRC (03) Spectron (03) Westwind Air Bearings (03) MicroE (04)
Slide 10: Westwind and MicroE Acquisition Synergies
Westwind MicroE Rotary motion PCB drilling spindles Future growth: data storage industrial printing Acquisition Synergies Motion control Data storage Future growth: robotics medical industrial
Slide 11: Niche Markets
Niche Markets Scanners Encoders Motion Control Rotary Motion Optics Laser Systems Electronic Cutting Inspection Bond Head Control Gantry Systems Rotary Positioning Linear Positioning Wire bonding PCB drilling Pick & Place systems Test & Repair PCB Drilling/Routing Media Writing Electronic package we
Slide 12: Sales (US$ Millions)
Sales (US$ Millions)* * These sales include sales between segments. 37.8 45.3 41.5 45.4 46.5 56.6 79.1 90.2 94.7
Slide 13: Revenue & Earnings Trends
Revenue & Earnings Trends Revenues (US$ Millions) Earnings (US$ Millions)
Slide 14: Bookings & Backlog (US$ Millions)
Bookings & Backlog (US$ Millions) Bookings* Backlog** * This includes Westwind in Q4 '03 and MicroE in Q2 '04. * * This includes MicroE
Slide 15: Selected Balance Sheet
Selected Balance Sheet* Cash & Investments $80.1 Total Assets $373.1 NBV $296.5 *All values in $US millions actual as of October 1, 2004
Slide 16: Targeted Business Model
Targeted Business Model Q3 2004 Target Revenues Gross margin Engineering SG & A expenses Amortization Operating profit 100 % 100 % 40.9 % 45 % 7.2 % 9 % 17.2 % 17 % 1.8 % 2 % 14.7 % 17 %
Slide 17: GSI Lumonics - In Review
GSI Lumonics - In Review Position: New products Excellent market relationships Strong balance sheet - no debt Growth: Acquire technologies Grow market niches