Slide 1: Third Quarter 2017 Earnings
Third Quarter 2017 Earnings October 17, 2017 IDEX Proprietary & Confidential
Slide 2: Agenda
AGENDA • IDEX’s Outlook • Q3 2017 Financial Performance • Q3 2017 Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • 2017 Guidance Detail • Q&A Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries
Slide 3: Replay Information
Replay Information • Dial toll–free: 877.660.6853 • International: 201.612.7415 • Conference ID: #13652255 • Log on to: www.idexcorp.com Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries IDEX Proprietary & Confidential 3
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures
Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures This presentation and discussion will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements may relate to, among other thin
Slide 5: IDEX Q3 Financial Performance
IDEX Q3 Financial Performance (Dollars in millions, excl. EPS) Sales Adjusted EPS* Organic: 7% increase 17% increase $574 $1.08 $575 $1.10 $530 $550 $1.00 $0.92 $525 $0.90 $500 $0.80 Q3 Q3 2016 2017 2016 2017 Adjusted Operating Margin* Free Cash Flow 90 bps increase 138% Conversion 22.0% 21.1% 22.0%
Slide 6: Fluid & Metering Technologies: Organic orders up 6 percent and organic sales up 7 percent
Fluid & Metering Technologies (Dollars in millions) Orders Sales Operating Margin Organic: 6% increase Organic: 7% increase 130 bps increase $216 $221 $225 $225 30.0% 28.1% $208 $204 26.8% $210 $210 28.0% $195 $195 26.0% $180 $180 Q3 Q3 24.0% Q3 2016 2017 2016 2017 2016 2017 Q3 Sales Mix: Organic 7%
Slide 7: Health & Science Technologies: Organic orders up 6 percent and organic sales up 10 percent
Health & Science Technologies (Dollars in millions) Orders Sales Operating Margin Organic: 6% increase Organic: 10% increase 190 bps increase $202 $207 24.0% 22.2% $225 $225 $186 $184 $200 22.0% 20.3% $200 $175 $175 20.0% $150 $150 18.0% Q3 Q3 Q3 2016 2017 2016 2017 2016 2017 Q3 Sales Mix: Organic 1
Slide 8: Fire & Safety / Diversified Products: Organic orders up 10 percent and organic sales up 4 percent
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Operating Margin Organic: 10% increase Organic: 4% increase 130 bps increase $156 24.7% $160 $160 $147 25.0% $140 $139 23.4% $145 24.0% $145 $130 23.0% $130 $115 22.0% Q3 $115 Q3 Q3 2016 2017 2016 2017 2016 2017 Q3 Sales Mix: Or
Slide 9: Outlook: 2017 Guidance Summary
Outlook: 2017 Guidance Summary Q4 2017 – EPS estimate range: $1.06 – $1.08 – Organic revenue growth: ~ 6% – Operating margin: ~ 22.0% – Tax rate: ~ 28.5% – FX impact: ~ 3.0% topline tailwind based on September 30, 2017 FX rates – Corporate costs: ~ $17 million FY 2017 – Adjusted EPS estimate range: