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El.En. — Investor Presentation 2015
Nov 17, 2015
4393_cp_2015-11-17_ea5f3aa5-a810-4298-905c-adf0b7d99bb2.pdf
Investor Presentation
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CONFERENCE CALL
Q3 2015 FINANCIAL RESULTS
November 17th , 2015
Disclaimer
Certain statements in this slide show, including those addressing the Company's beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. Forward-looking statements involve known or unknown risks, including general economic and business conditions, and conditions in the industry we operate and may be affected should our assumptions turn out to be inaccurate. Consequently, no forward-looking statement can be guaranteed and actual future results, performance, or achievements may vary materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation about the contents nor to update the forward-looking statements to reflect events or circumstances that may arise after the date hereof.
Highlights
| / E 0 0 0 u r o |
/ / 3 0 0 9 1 4 |
/ / 3 0 0 9 1 5 |
% V a r |
||
|---|---|---|---|---|---|
| R e v e n u e s |
2 6 6 1 4 1 |
1 0 0 0 % , |
6 0 0 6 1 5 |
1 0 0 0 % , |
2 2 % 5 , |
| E B I T D A |
9 6 1 1 4 |
% 9 6 , |
9 3 0 1 1 |
% 1 2 4 , |
% 6 1 4 , |
| E B I T |
1 0 5 3 2 |
% 8 5 , |
1 6 1 9 3 |
% 1 0 4 , |
% 5 3 7 , |
Medical 84.885 68,1% 105.917 67,9% 24,8% Industrial 39.731 31,9%50.089 32,1% 26,1%
Surgical Laser systems
Cyber TM 200
Multipulse HoPLUS
Aesthetic Laser systems
Discovery Pico
Mediostar
Industrial lasers applications
Q3 -2015 Financial Results
ConsolidatedP&L
| / E 0 0 0 u r o |
/ / 3 0 0 9 1 4 |
/ / 3 0 0 9 1 5 |
% V a r. |
||
|---|---|---|---|---|---|
| R e v e n u e s |
1 2 4 6 1 6 |
1 0 0 0 % , |
1 5 6 0 0 6 |
1 0 0 0 % , |
2 5 2 % , |
| i G r o s s m a r g n |
5 7 2 7 4 |
4 6 0 % , |
7 0 2 3 6 |
4 5 0 % , |
2 2 6 % , |
| i O E t p e r a n g x p e n s e s |
1 8 1 4 1 |
1 4 6 % , |
2 0 7 8 9 |
1 3 3 % , |
1 4 6 % , |
| f f S t a e s p e n s e s |
2 7 1 6 9 |
2 1 8 % , |
3 0 1 3 6 |
1 9 3 % , |
1 0 9 % , |
| E B I T D A |
1 1 9 6 4 |
9 6 % , |
1 9 3 1 0 |
2 % 1 4 , |
6 % 1 4 , |
| l D t e p r. a m o r a c c r a s u , ., |
1 4 3 2 |
% 1 1 , |
3 1 1 7 |
2 0 % , |
8 % 1 1 7 , |
| I E B T |
1 0 3 2 5 |
8 % 5 , |
1 6 1 9 3 |
0 % 1 4 , |
3 % 5 7 , |
| f ( h ) i i N t e n a n c n c o m e c a r g e s |
3 9 7 5 |
% 3 0 , |
8 8 1 |
% 0 6 , |
% 7 6 8 - , |
| h ( ) i O t t e r n c o m e e p e n s e n e x |
6 4 4 1 |
% 3 5 , |
1 1 7 |
% 0 1 , |
% 9 7 3 - , |
| E B T |
8 1 7 4 4 |
% 1 5 0 , |
9 1 7 1 1 |
% 1 1 0 , |
% 8 3 - , |
One timeand non recurring items
| '0 E 0 0 u r o |
% V a r. |
||
|---|---|---|---|
| 2 0 E B I T 1 4 |
0 3 2 1 5 |
||
| E B I T 2 0 1 5 |
1 6 1 9 3 |
||
| E B I T I n c r e a s e |
5 6 6 1 |
% 5 4 + |
|
| / l l C P t t n o s r e a o m a r s e y u |
1 4 8 7 t e m e n |
||
| d d j I A I E B T t s e n c r e a s e u |
1 3 9 7 |
9 % 7 + |
|
| '0 E 0 0 V r o a u |
% r. |
||
| E B T 2 0 1 4 |
1 8 7 4 4 |
||
| E B T 2 0 1 5 |
1 7 1 9 1 |
||
| ( ) E B T I D n c r e a s e e c r e a s e |
( ) 1 5 5 3 |
% 8 - |
|
| / l l C P t t n o s r e a o m a r s e e y u |
1 4 7 8 t m e n |
||
| Δ i F o r e g a n x |
2 9 1 5 |
||
| i h l G C O Y N a n o n s a r e s s a |
0 0 4 4 e |
||
| d j d E B T A I t s e n c r e a s e u |
2 0 8 7 4 + |
0 % |
|
Net financialposition
| '0 0 0 E u r o |
/ / 3 1 1 2 1 4 |
/ / 3 0 0 9 1 5 |
V a r. |
|---|---|---|---|
| f l i i i i N t t e n a n c a p o s o n : |
4 7 1 1 6 |
2 3 0 7 5 |
2 4 0 4 1 |
Decrease due to:
- - 10,5 mln: temporary investments in non current assets
- - 5,3 mln: dividends paid
- - 5,0 mln: capex
- - 3,0 mln: cash flow from operations
2015 Guidance
Sales: >210 mln +17%
EBIT: >20 mln
Consolidated Revenuesand EBIT
El.En. Multiples
El.En. Multiples
| * k h l d 's i h S E t t o c o e r q u y p e r s a r e |
3 3 |
||
|---|---|---|---|
| / k l d i j. P B V A r c e o o a u e |
3 1, 7 |
||
| / ( ) E V E B I T 8 5 % E B I T |
8, 0 6 |
||
| / l ( l ) % E V S 8 5 S a e s a e s |
0, 8 4 |
||
| l. k C E E M t n. a r e a p. |
2 1 6, 6 @ |
€ 4 4, 8 9 |
|
| f i i l i i N t t e n a n c a p o s o n |
2 3, 1 @ |
/ / 3 0 0 9 1 5 |
|
| / l l i i i F t t t n a n c a n v e s m e n s m e r m |
@ 1 0, 6 |
/ / 3 0 0 9 1 5 |
|
| k l f h 0 C M 1, t a r e v a u e o m m y n o s u r e s a r e s |
3 0 @ 5, |
\$ 3 9 7, / ( ) d E U 1, 0 8 u r o s = |
|
| i l E V t n e r p r s e a u e |
1 4 7, 9 |
||
| k h l d 's f i i i i S E t t t t o c o e r q u y n e o m n o r e s, * ( ) i h h k l C t t t w y n o s u r e s a r e s a m a r e v a u e |
1 5 8, 1 |
El.En. SPA
Enrico ROMAGNOLI Investor Relations Managertel. +39 055-8826807E-mail: [email protected]
POLYTEMS HIR SRL
Bianca FERSINI MASTELLONI Financial CommunicationTel. +39 06-6797849 / +39 06-69923324E-mail: [email protected]
POLYTEMS HIR SRL
Silvia MARONGIUPress officeTel. +39 06-6797849 / +39 06-69923324E-mail: [email protected]