Novanta Inc. · NASDAQ:NOVT
Novanta — GSI Lumonics — Investor Presentation (March 2005)
18 slides from Novanta's investor presentation, Mar 1, 2005
Slide 1: GSI Lumonics
GSsi Lumonics @6si LuMoNics 2005
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: Business Segments % of Revenue Q4 2004
Business Segments % of Revenue Q4 2004* *Includes 3.6% intra-company sales.
Slide 4: Market Segments % of Revenue Q4 2004
Market Segments % of Revenue Q4 2004
Slide 5: Global Sales % of Revenue Q4 2004
Global Sales % of Revenue Q4 2004* * bill to address
Slide 6: Major Customers - Q4
Major Customers - Q4 Major Customers - Q4
Slide 7: Enabling technologies, Niche markets, Acquisitions
Enabling technologies Niche markets Acquisitions
Slide 8: Enabling Technologies and Niche Markets
Enabling Niche Markets Position Control Motion Control Scan Motion Rotary Motion Optics Lasers Systems Electronic Test & measure Robotics Vision systems Hard disk writing PCB drilling Component place PCB circuits Inspection PCB drill/route Hard disc write Battery weld Sensor weld PCB mark Circuits P
Slide 9: Rotary Motion Synergies
Rotary Motion Data storage PCB drilling Industrial Synergies Motion control Data storage PCB Drilling Industrial
Slide 10: Acquisitions
Acquisitions Complementary Cash Completed: DRC ($3M) Spectron ($6M) Westwind ($35M) MicroE ($55M) Accretive
Slide 11: Segment Revenues & Profits
Segment Revenues & Profits Revenues (US$ Millions) Profits* (US$ Millions) * Profit by segment is before taxes. We do not breakout non-operating items to the segment level.
Slide 12: Revenue Growth
Revenue Growth Revenue Growth (in a 12 month period, 2004 vs. 2003) As a % of revenues Organic $60M 32.4% Acquired* $84M 45.4% Total Revenue Growth $144M 77.8% * Product lines acquired since 1/1/2003.
Slide 13: Bookings & Backlog
Bookings & Backlog (US$ Millions) Bookings* Backlog** * This includes Westwind in Q4 '03 and MicroE in Q2 '04. * * This includes MicroE
Slide 14: Market Drivers: Units Sold
2004 Estimates Units Sold 60 million 600 million 24 million 68 million 7 million 2005 Projection 79 million 650 million 32 million 68 million 14 million Laptops Mobile phones PDA's Digital cameras Flat panel displays Market Drivers* * Data from Industry Analysts.
Slide 15: Cash Flow & Gross Margin
Cash Flow & Gross Margin Cash Flow* (US Millions) Gross Margins * These cash flows are from operations, not overall company cash flows.
Slide 16: Selected Balance Sheet
Selected Balance Sheet* Cash & Investments $90.3 Total Assets $386.2 NBV $305.6 Debt free *All values in $US millions as of December 31, 2004
Slide 17: Targeted Business Model
Targeted Business Model* Q4 2004 Target Revenues Gross margin Engineering SG & A expenses Amortization Acquired in-process research and development Restructuring Operating profit 100 % 100 % 38.9 % 45 % 8.3 % 9 % 17.2 % 17 % 2.0 % 2 % 10.8 % 17 % (0.1) % 0 % 0.7 % 0 % *Targeted business model is bas
Slide 18: GSI Lumonics - Summary
GSI LUMONICS- Summary Enabling technologies Niche markets Acquisitions Strong balance sheet Cash flow