Slide 1: First Quarter 2011 Earnings Release
First Quarter 2011 Earnings Release April 21, 2011
Slide 2: Agenda
Agenda 2 IDEX Economics IDEX Markets Q1 2011 Performance 2011 Guidance
Slide 3: Replay Information
Replay Information Dial toll-free: 800.642.1687 International: 706.645.9291 Conference ID: #56253366 Log on to: www.idexcorp.com 3
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act
Cautionary Statement Under the Private Securities Litigation Reform Act This presentation and discussion will include forward-looking statements. Our actual performance may differ materially from that indicated or suggested by any such statements. There are a number of factors that could cause those
Slide 5: IDEX Economics
IDEX Economics Strategy continues to pay off Strong global growth Niche markets with a great growth model Productivity initiatives help drive bottom line performance Operational Excellence Pricing offsetting inflation Positive price Global Sourcing Opportunities to deploy capital 5 Solid performance
Slide 6: IDEX Markets
IDEX Markets Chem / Industrial Chemical production up in Europe Chem / Industrial investments in China HST Industrial, Band clamping, other Ind. strong U.S. expansion modest / MRO continues Life Science / Analytical Instrumentation Global growth outstanding Fire & Rescue Rescue International growth
Slide 7: IDEX Q1 2011 Financial Performance
Total Revenue Operating Margin Free Cash Flow EPS IDEX Q1 2011 Financial Performance Continued growth and margin expansion 7 2010 EPS / Op Margin data adjusted for restructuring expense Organic: 12% 24% Growth 140 bp expansion
Slide 8: Fluid & Metering
Fluid & Metering Double digit orders and sales growth...margin expanded 180 bp 8 Q1 Sales Mix: Organic +15% Acquisition +2% Fx - Total +17% Q1 Summary: Strong top line growth; executing organic growth initiatives Energy, Chemical, Agriculture very strong globally Water/Waste Water ok globally, chall
Slide 9: Health & Science
Health & Science Record sales and profit; 160 bp of margin expansion 9 Q1 Sales Mix: Organic +19% Acquisition +24% Fx - Total +43% Q1 Summary: New products and increased content within L.S. and A.I. Industrial, environmental, and medical strong Optics and Seals - PPE(r) performing very well Complete
Slide 10: Dispensing
Dispensing International markets helping to offset North America softness 10 Q1 Sales Mix: Organic -5% Acquisition - Fx +1% Total -4% Q1 Summary: Wins in Eastern Europe and Asia Latin America markets performing well Holding share in N.A.; wins on retrofits and spare parts Nearly 18% op margin reflec
Slide 11: Fire & Safety
Fire & Safety Global growth...23%+ Op Margin 11 Q1 Sales Mix: Organic +4% Acquisition - Fx +1% Total +5% Q1 Summary: Rescue winning internationally; China PLA win Rescue North America challenged but winning with eDraulic BAND IT growth exceeding expectations; O&G, new applications North American Fir
Slide 12: Outlook: 2011 Guidance Summary
Outlook: 2011 Guidance Summary Q2 2011 EPS estimate range: $0.58 - $0.60 Organic revenue growth of 7% - 8% Positive Fx impact of ~3% to sales (at Mar 31 rates) Positive impact of 4-5% from acquisitions FY 2011 EPS estimate range: $2.30 - $2.40 Organic revenue growth in the high single digits Operati
Slide 13: Q&A
Q&A DEX Proprietary & Confidential