Slide 1: Second Quarter 2011 Earnings Call
Second Quarter 2011 Earnings Call July 29, 2014
Slide 2: Forward-Looking Statements
fax 7 Colfa Forward-Looking Statements C5 Ea l ‘The following information contains forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements
Slide 3: Second Quarter 2011 Highlights
re sae Adjusted net income of $14.1 million (32 cents per share) compared to $7.7 million (18 cents per share) in Q2 2010, an increase of 83.1%; Q2 2011 results include the positive 3 cent per share effect of currency translation and a pre-tax charge of $1.5 milion from the settlement of a frozen pe
Slide 4: Colfax Year to Date 2011 Highlights
Colfax Year to Date 2011 Highlights GET Bia Adjusted net income of $24.2 million (55 cents per share) compared to $13.7 million (32 cents per share) in first half of 2010, an increase of 76.6%; 2011 results include the positive 4 cent per share effect of currency translation and a pre-tax charge fro
Slide 5: Orders and Backlog
celta Feond (an etone mas Orders and Backlog 02.2011 Earnings Call Backlog PPP OPPEREP ER ES
Slide 6: Colfax Revenue and Adjusted Operating Income
Colfax Revenue and Adjusted Operating Income 22010 02 2011 eantog tances as emintens mas yo 2010 vp 201 2011 Eamings Call Adjusted Operating Income () ss00 soo s200 s200 s100 soo (22 2010 2 2011 ao 2011 ura 105% sta am HW
Slide 7: 2011 Sales and Orders by End Market
2 2011 Sales and Orders by End Market “id 02 2011 Earnings Call Power Detense ceneration ss
Slide 8: 02 2011 Earnings Call
02 2011 Earnings Call
Slide 9: Oil & Gas Market Perspective
il & Gas Market Perspective 02 2011 Earnings Call Sales & Orders Growth (Decline) cosas pit @2.2011 vs. @2.2010 | YTD 2011 vs. YTD 2010 Total | Organic | Total | Organic Sales wom | 8% | 198% | 37% orders | 136% | (am | 124% | 10% Highlights and Outlook Cotter Y10 2011 *Rosscor very robust enabling
Slide 10: General Industrial Market Perspective
General Industrial Market Perspective 02 2011 Earnings Call Cote: 0 201 Sales & Orders Growth peaking 2.2011 vs. 022010 | YTD 2011 vs. YTD 2010 Total [Organic | Total | Organic Sales 36% 1% 25% 15% Orders 31% 21% 30% 20% Highlights and Outlook Colfax 10 2011 “Orders Spit "Sales and orders up for the
Slide 11: Power Generation Market Perspective
celta Power Generation Market Perspective 02 2011 Earnings Call Sales & Orders Growth (Decline) 22011 vs. a2 2010 [YTD 2011 vs. YTD 2010 Total | Organic | Total | Organic Sales a% 1% Th 5% Orders (33% (59% 2% O% Highlights and Outlook Growth in sales despite decision to exit certain business in the
Slide 12: Defense Market Perspective
Defense Market Perspective GET Bia Colfax ¥TD 2011 Sales & Orders Growth (Decline) gcd 22.2011 vs. 022010 | YTD 2011 vs. YTD 2010 Total | Organic | Total Organic Sales o% 8% % = Orders: (63)% (63)% (50)% (50)% Highlights and Outlook Colfax ¥TO 2011 "Sales increased and orders declined in Q2 2011, as
Slide 13: Commercial Marine Market Perspective
‘Commercial Marine Market Perspective celta 02 2011 Earnings Call Sales & Orders Growth Ss Set 2.2011 vs. G22010_| YTD 2011 vs. YTD 2010 Total_| Organic | Total | _ Organic Sales 40% 23% 30% 20% Orders 20% 1% 32% 2% Highlights and Outlook Colfax ¥T0 2011 in backlog ‘Orders Split Sales increase prima
Slide 14: Colfax Strong Financial Condition
Colfax Strong Financial Condition GET Bia "Strong balance sheet + Debt of $81 milion, principal payments of $10 million in 2011, matures in 2013 Cash of $64 milion + $121 million available on revolver
Slide 15: Colfax Income Statement Summary
Colfax Income Statement Summary (Unaudited) (02 2011 Earnings Cat “Three Months Ended change z on Onder sor sales $67 a6 Geos prot saz eof ales SG&A expense s 26 ReDepene Operating expense sé eof ales Adjusted opening income s 92 ‘eofsales Adjusted EBITDA $3 mas Shot ales Adjusted et income s ms S64
Slide 16: Colfax Income Statement Summary
Colfax Income Statement Summary (Unaudited) (02 2011 Earnings Cat Six Months Ended Tao ToheE 10 onde s aes ws. $ Som Sates s Mss 209 $04 Gro prot s 19s 7 $332 w2K Seotisles 3% sot SCRA expense s 9 $ 995180 nas R&D expense Et Oper expense z oF 0 S80 BS Seotles, 29% ais Adjuiedopeating income a9 ar 88
Slide 17: 2011 Outlook Summary
2011 Outlook Summary 2011 Organic growth 02 2011 Earnings Call 1% 2011 Total $690 ition 2014 Netincome per share 2011 Adjusted net income per share ® ‘SE miion Tiabity and defense costs ‘SE mition Restructuring costs ‘Se miion wo sto Tecate 3 Interest expense ‘$6 milion ‘Ouistanding shares 463 lion
Slide 18: Appendix
cla Appendix 02 2011 Earnings Call
Slide 19: Non-GAAP financial information notice
Cotas nas proved teancalfrnaton nat has ot been prepredinacaance WO GAAP. These non-GAAP francl measis fase net Income adstednet come pe stare, sce aus net income per share, gusts cperaig Income earings eres as geston and ane (EBITOR), ated EBTDA, cian ses roth (cece) ad era rw (ce). Ase et income,
Slide 20: Q2 2011 vs. Q1 2011 Sales and Orders by End Market
Q2 2011 vs. Q1 2011 Sales and Orders by End Market GET Bia oe ee ‘otal Gromm (Decne) gant Grom (Oecine “Totl(Oecne) Grown agen (Decine) Grown Commari! Marine as os Commerc Marine am cys ‘ona cas ae ws oes 10% 0% Power Generation om wn Power Generation ews cays ates 2% 26 Detense 09 cys Genera indust
Slide 21: Non-GAAP Reconciliation: EBITDA
IX Non-GAAP Reconciliation (unaudited) EBITDA Inncetepee Pres brace se Deprecen sedan cere Pras frome Depron sof saorcon Resor ad other ed eet ‘Abe aby ad dee ‘ero onege sawing Abate EBITDA Aden EBITDA mgs 02 2011 Earnings Call rm bask 7 0390 $ roe ses $a 148 wie 329 as 2855 Fatt a0 ca Bm § ssn $e §
Slide 22: Non-GAAP Reconciliation: Adjusted Net Income
1X” Non-GAAP Reconci (unaudited) 022011 Earnings Cal jst Net nce ad Aue aig per Se Stone emnag mc ind ee ‘os cen enn cee ‘ernduoment cents Ade ceo Aiea acon ens a
Slide 23: Sales & Order Growth
IX’ Sales & Order Growth (unaudited) 02 2011 Earnings Call sae onder Bacheg at Period End = ss a = Se months ended Jy 22010, s soma sow Conponos of Change: Eniieg Bases wow ons ey aa Ageia mon 491 ‘Taree months ended Jay 22010 se suse Conponens f Change Ente Bosses 7 on 6am Acquistion Ho Bolas Foega
Slide 24: Projected adjusted net income per share reconciliation
- coi ws nse Projected net income per share - fully diluted Restructuring and other related charges Asbestos coverage litigation Asbestos liability and defense costs Projected adjusted net income per share - fully diluted 02 2011 Earnings Call oz 012 12 012 009 0.09 a