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El.En. — Investor Presentation 2017
Jun 22, 2017
4393_ip_2017-06-22_dd751d66-5c0a-4b48-aa16-a64fdb90fac8.pdf
Investor Presentation
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COMPANY PRESENTATION
We Laser your World
COMPANY VISIT, Samarate June 22nd , 2017
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-lookingstatements 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.
AGENDA
The El.En. Group
The El.En. Group
A Primary Player Providing Medical, Industrial, and Conservation Laser Solutions Worldwide
Hi-Tech company
International Group
Hi-Tech industrial group active in opto-electronics with proprietary technologies and knowhow developed over 35 years
More than 20 companies active worldwide on several markets and application segments. Listed on the Milan Stock Exchange, Star segment
Among the leaders in the global market
Progressively widening its worldwide presence registered continuous growth over the years
Worldwide distribution network
1,100 employees worldwide, more than 40,000 laser sources sold
Constant Growth
13% Revenue CAGR 2011 – 2016
40% EBIT CAGR 2011 – 2016
FY 2016 Consolidated Revenue at €253m, up 16% YoY
El.En. WORLDWIDE
OUR STRENGHTS
- Dynamic R&D activity performed in several centers of excellence
- Exploiting 35 years of know how
- Competition through incremental and breakthrough innovations
- Worldwide presence through a wide network of distributors with direct distribution in selected countries
- Multi brand approach to maximize penetration in medical markets
Our Markets
MEDICAL & AESTHETIC LASER MARKET
Consumers spending billions to restore, repair and refresh their bodies:
- U.S. market for non-surgical cosmetic procedures totalled \$5bn in 2014; worldwide, roughly 24 million non-surgical cosmetic procedures were performed in 2013
- Non-invasive fat reduction was the fastest-growing nonsurgical procedure in 2014
Source: World Health Organization, ASAPS
Key growth drivers:
- Increasingly aging population
- Increase in healthcare spending
- Requirements for fast and minimally invasive surgical interventions
Global market for medical lasers 2014–2019 expected CAGR: 13,8%
THE INDUSTRIAL LASER MARKET
Lasers increasingly adopted in high quality manufacturing for uniqueness, flexibility, environment friendliness, productivity
- •Sheet metal cutting: strong performance improvements lead to rapid widening of demand
- •Laser marking for identification: traceability as a quality standard
Market forecast for high power laser systems: 2016-2020 CAGR 7,6%
Source: Optech Consulting
Growth drivers
GROWTH DRIVERS
- Expected growth in our main markets: Aesthetic , Surgery, Industrial
- Novel body contouring and cellulite treatment device
- Novel dermatologic treatment device
- Picosecond tattoo removal lasers: new wavelength and max peak power
- Broaden indications of use for MonaLisa Touch through extensive clinicals
- Diabetic foot ulcers: seeking regulatory clearances worldwide
- >1 kW RF CO2laser source to be launched @ Laser 2017
- Strong demand for high power laser sheet metal cutting systems in China
A PATH OF GROWTH
- Constant growth driven by strong execution and favorable market conditions
- 2016 EBITDA margin 12,8% and EBIT margin 10,9%
Financial Highlights
FINANCIALS 2016
| l & i i i P L M F D t a n n a n c a a a - |
/ / 3 1 1 2 1 5 |
% | / / 3 1 1 2 1 6 |
% | % V a r. |
|---|---|---|---|---|---|
| R e v e n u e s |
2 1 7 6 7 0 |
1 0 0 0 % , |
2 5 2 6 4 6 |
1 0 0 0 % , |
1 6 1 % , |
| E B I T D A |
2 5 6 6 6 |
% 1 1, 8 |
3 2 3 8 8 |
% 1 2, 8 |
% 2 6 2 , |
| I E B T |
2 1 4 9 9 |
9 9 % , |
2 9 4 7 5 |
1 0 9 % , |
2 8 4 % , |
| N I t e n c o m e |
1 4 3 7 1 |
% 6 6 , |
4 0 4 0 8 |
% 1 6, 0 |
% 1 8 1, 2 |
| R e v e n u e s |
/ / 3 1 1 2 1 5 |
% | / / 3 1 1 2 1 6 |
% | % V a r. |
| d l i M e c a |
0 2 1 4 7 1 |
6 6 % 7 , |
6 6 0 6 1 5 |
6 % 5, 7 |
2, 9 % 1 |
| d l I i t n s r a u |
7 0 5 6 8 |
3 2, 4 % |
8 6 5 9 0 |
3 4 3 % , |
2 2, 7 % |
Q1-2017
| l l i i E M r o o n u |
/ / 3 1 0 3 2 0 1 6 |
% | / / 3 1 0 3 2 0 1 7 |
% | % V a r. |
|---|---|---|---|---|---|
| d d i t u n a u e |
d d i t u n a u e |
||||
| R e e n e s v u |
2 3 5 5 1 |
0 0, 0 % 1 |
6 0 5 1 7 |
0 0, 0 % 1 |
9 % 1 7, |
| i G r o s s m a r g n |
2 5 4 0 0 |
% 4 6, 0 |
2 6 9 2 3 |
% 4 1, 4 |
% 6, 0 |
| E B I T D A |
7 6 6 9 |
1 3, 9 % |
6 5 3 9 |
1 0, 0 % |
1 4 7 % - , |
| E B I T |
6 2 7 1 |
2, 2 % 1 |
3 2 5 5 |
8, % 5 |
% 1 7, 7 - |
| P I t r e a x n c o m e |
5 8 1 3 |
% 1 0, 5 |
5 1 7 0 |
% 7, 9 |
% 1 1, 1 - |
| / / 3 1 1 2 2 0 1 6 |
/ / 3 1 0 3 2 0 1 7 |
||||
| d d i t u n a u e |
|||||
| f l N i i i i t t e n a n c a p o s o n |
8 2 7 8 4 |
7 9 1 7 2 |
Q1 - REVENUE BREAKDOWN
in Euro million
2017 GUIDANCE
Quanta System at a glance
QuantaSystem SpA
Quanta System is an Italian company founded in 1985, based in Samarate (VA), Italy.
Born as a spin-off of one of the largest research centers in the field of lasers and optics worldwide, Quanta has taken the first steps in high energy physics, plasma physics, spectroscopy and light-matter interaction, thanks to the know-how of engineers, physicists and bioengineers working in cooperation with prestigious universities and research centers.
Since 2004, the firm is part of El.En.
Today Quanta is among the first companies in the world designing and producing lasers for three scientific fields:
Aesthetic Medicine, Surgery and Art Conservation
Quanta SystemToday
135 employees> 110 distributors worldwide7.000 square meters2 large clean rooms44 Million Euro revenues in 2016Cooperation with important research centers in the worldLeader in urology laser applications (35% of the worldwide market shares for holmium lasers for stones management)
Curiosity killed the … competitors
- •First in the world to install in Antarctica RAMAN lasers for ozone hole monitoring
- •First laser flying at 22.000 meters
- •First in the world to introduce green TEMoo lasers for diamond cutting
- • First in the world to synchronize an ultrashort pulsed laser with the cavity radiofrequency of anaccelerator of particles
- • First in the world to use for fine art conservation (removal of concretions) holmium lasers, for cleaning statues of the Vatican Gardens, within the Holy See, and to clean the Leonardo Da Vinci's fresco in the Sala delle Asse in the Milan Sforza Castle
- • First in the world to introduce the dusting effect to micro dust and fragment stones (nowadays a goldstandard for the urologic segment at worldwide level)
- • First in the world to introduce the Mixed Technology in aesthetics (simultaneous blended emission of several wavelengths)
- • First in the world to develop a 3D real time simulator for BPH treatments, to train physicians on lasers for enlarged prostate treatments
- • First in the world to develop a 1,8 billion Watt peak power medical picosecond laser. At present this device has the highest peak power in the world for tattoo removal and benign pigmented lesions treatments
Laser technologies and IP protection
- •Gas
- •Solid state
- •Tunable lasers
- •Fiber lasers
•Intellectual Property Protection Department (IPPD)
Medicalapplications
Company's mission is focused on internationalization
Quanta represents one of the excellences of Made in Italyin the world.
Unique multi laser platforms
Since 1997 Quanta has been a leading developer and manufacturer of a broad array of light-based aesthetic and medical platforms, providing unique sales and service solutions, allowing physicians to select the right energy-based devices for their individual needs.
The laser platforms designed by Quanta System introduced for the first time in the world the concept of simultaneous emission of multiple wavelengths broadening the range of possible applications, responding to the real needs of physicians and patients.
Surgery-the advantages of Quanta's solutions
The use of Quanta's laser systems in the surgical field allows minimally invasive treatments, reducing the percentage of complications, the hospitalization and post operative impairment of patients. Quanta has introduced for the first time in the world dusting effect on stones, now gold standard at international level.
Quanta System attention to details and focus on real clinical effectiveness allows professional operators to use laser technologies to their full potential in surgery as well as in the restoration of priceless masterpieces of art.
What'snext ?
Donation of a powerful Thunder Compact 20 hz IR
and Green Laser to the Paul Getty Museum
The Getty's Villa in Malibu
July 18, 2017
Quanta's Light and Soul – Video
https://www.youtube.com/watch?v=fvTvL-Qd9t0
CONTACTS
El.En. SPA
Enrico ROMAGNOLI Investor Relations Managertel. +39 055-8826807E-mail: [email protected]
POLYTEMS HIR
Financial Communication, IR and Press Office Bianca FERSINI MASTELLONI [email protected]@polytemshir.it ; [email protected] Tel. +39 06-69923324