600 Group Plc Electrox Laser – 17 October 2014 www.600group.com.

Slides:



Advertisements
Similar presentations
INTERPIPE.
Advertisements

Remedy Statistics April 2009 May 28th 2009 Paris Desktop Support Analysis only done with Remedy tickets (Incident-Task-Request) (GRS requests are not included.
Sovereign Credit Quality after the Crisis MARCH, 2010 Steve Hess, VP – Senior Credit Officer.
JinkoSolar Holding Co., Ltd. Q Earnings Call Presentation June 7, 2013.
Q FINANCIAL RESULTS August 13, FORWARD-LOOKING AND CAUTIONARY STATEMENTS This Presentation on behalf of KP Tissue Inc. (the “Corporation”
1 Private & Confidential Real Estate Overview. 2 Private & Confidential Content 2 current projects.
600 Group Plc Design, manufacture & distribution of Machine Tools Unaudited i nterim results presentation 20 November 2013 AIM ticker : SIXH
INTERIM RESULTS Presented by: Spencer Manual (CEO) Jon Plassard (CFO)
600 Group Plc Investor day – Electrox Laser Letchworth site – 8 April 2014 AIM ticker : SIXH
© 2013 Sri U-Thong Limited. All rights reserved. This presentation has been prepared by Sri U-Thong Limited and its holding company (collectively, “Sri.
International Mining & Infrastructure Corporation PLC UK Cameroon Trade & Investment Forum | 7 May 2014 Unlocking the Value of African Iron Ore.
Hedge fund flows on pace to nearly double 2012
2013 LUXOFT AND/OR ITS AFFILIATES. ALL RIGHTS RESERVED.1 1 SOFTWARE ENGINEERING TECHNOLOGY AUTOMOTIVE TRAVEL AND AVIATION ENERGYTELECOM FINANCIAL SERVICES.
CONFIDENTIAL AND PROPRIETARY. Permission to reprint or distribute any content from this presentation requires the written approval of Standard & Poor’s.
2013 AGM. This presentation does not constitute or form any part of any offer for sale or solicitation of any offer to buy or subscribe for any securities.
Q Results. 2 Disclaimer This presentation does not constitute or form part of, and should not be construed as, any offer for sale of, or solicitation.
Irish recovery? Pär Magnusson
PROSPECTUS AND COMMENCEMENT OF BUSINESS
Innovations in Structured Products October 25, 2010 An Innovator’s Dilemma?
SARA IMG Event Johannesburg 10 April 2014 Changes in South African Immigration Law.
Conference call: 1H2010 IFRS Results ( H 2010 IFRS Results Presentation PHARMSTANDARD – LEADING RUSSIAN PHARMACEUTICAL COMPANY.
Martin Arnold Director - Research Analyst ETF Securities.
FX market program for ranking market makers in EURUSD_TOM May 2014, Moscow Viktoriya Gulavskaya Head of trading technologies and market making.
An Equity Perspective Paul Malan Global Markets 21 January 2004.
Mike Zenker Barclays Capital Research (415) November 12, 2007
Client Update September 2013 Andrew Tasker – GFM Representative WA.
PRIVATE & CONFIDENTIAL Socially Responsible Investment Using retail eligible bonds 8 th October 2014.
Maximising Investment Opportunities: releasing value from estates Barclays Private Equity 15 th May 2008.
PRODUCTIVITY – THE PICTURE FOR THE UK & THE WEST MIDLANDS SUSTAINING COMPETITIVENESS CONFERENCE – THE BELFRY RHYS HERBERT SENIOR ECONOMIST 6 JULY 2012.
2009 Annual results 24 March © Lloyd’s2009 Annual Results Presentation highlights Record financial results Solid financial position Equitas.
Online banking security best practices Access via ‘transaction devices’
Permission to reprint or distribute any content from this presentation requires the prior written approval of Standard & Poor’s. Copyright © 2014 by Standard.
February 2008 “Africa’s most active exploration company” AIM Ticker – ZRL ASX Ticker - ZRL.
Dunedin Enterprise Investment Trust PLC General Meeting – October 2013, Voting Analysis.
Prudential Balanced Fund (PRUBF1) November 2011 Fixed information Licensed Date: 5 October 2006 Listing date: 4 December 2006 Base Currency: VND Tenure:
W Geneva December, 2007 World Meteorological Organization Basics of Weather Risk Management.
Results March Disclaimer The information in this presentation does not constitute or form any part of, and should not be construed as,
Baring Asset Management (Asia) Limited 19/F, Edinburgh Tower, 15 Queen’s Road Central, Hong Kong Tel Authorised and regulated.
Acquisition of Bouwfonds Property Finance 10 October 2006.
© Ceres Power Limited 2003 Building a Valuable FC Company … Some Lessons Learned 26 Feb 2004.
Oracle Fusion Applications 11gR1 ( ) Functional Overview (L2) Manage Inbound Logistics (L3) Manage Receipts.
Place Client Logo Here Oil Market Outlook Paul Horsnell Head of Commodities Research, Barclays Capital Intertanko Singapore Tanker Event 30 March 2006.
S T R I C T L Y P R I V A T E A N D C O N F I D E N T I A L 1 [ PRESENTED AT THE ASIAN BANKER SUMMIT 2011 ] April 7, 2011 LIQUIDITY MANAGEMENT POST 2008.
Oracle Fusion Applications 11gR1 ( ) Functional Overview (L2) Manage Inbound Logistics (L3) Manage Supplier Returns.
Oracle Fusion Applications 11gR1 ( ) Functional Overview (L2) Manage Inbound Logistics (L3) Manage and Disposition Inventory Returns.
2009 Coal Seam Gas Safety Forum Paul Zealand, Executive General Manager Upstream Oil & Gas Friday 14 August 2009.
Your Guide to Gift and Estate Planning for Non-U.S. Citizens OLA
Innovation driven by regulation The changing face of cash investment 23 February 2016 Leigh Mahoney and Matthew Byrne ANZ Bank.
FY 2006 results presentation X5 Retail Group N.V. March 1, 2007.
Individual Investment Accounts September  Individual Investment account (IIA) – special brokerage or AM account with newly introduced tax benefits.
This confidential presentation has been prepared by CIBC Capital Markets, exclusively for the benefit and internal use of [the board of directors/special.
London CLT Big Potential Presentation 17 th March 2016.
The economic outlook. 2 Greece Russia 3 The deflation-ghost.
Permission to reprint or distribute any content from this presentation requires the prior written approval of Standard & Poor’s. Copyright © 2011 Standard.
CIEBA Webinar DOL 2015 Fiduciary Proposal Jenny Eller Groom Law Group, Chartered May 20, 2015.
October 2012 Admission of professional participants – non-credit institutions to trading on the Moscow Exchange FX market.
The secure site rendering issue (all navigation crushed together as a list at the top of the page) is a compatibility issue with Internet Explorer only.
Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential. 1.
RaboDirect Financial Health Barometer 2016
JinkoSolar Holding Co., Ltd.
JinkoSolar Holding Co., Ltd.
SA’s finances.
Credit Risk Management Mark Schulz Lugano, 22 September 2016
Rising Momentum Trumps Policy Uncertainty
Mark Bennett, Head of Agribusiness, ANZ
Pamplona Credit Opportunities Fund
Environmental Upgrade Finance
TITLE PRESENTATIONDATE AUTHOR JOBTITLE.
© 2013 Sri U-Thong Limited. All rights reserved
Presentation transcript:

600 Group Plc Electrox Laser – 17 October

Agenda :45Coffee & welcome 09:00Presentation Nigel Rogers (CEO) 09:30Q&A Nigel Rogers Neil Carrick (Group FD) Paul Mincher (MD – Electrox) 09:45Site tour & demo Paul Mincher 10:15Tea/coffee Wrap up discussion All 10:45Close

Investment proposition  Experienced board & management team  Deep roots, strong brands, proud heritage  Broad sector, geographical & FX spread  Industry leading margins - cash generative businesses  Sound balance sheet, future dividend potential  Exposure to dynamic, technology led growth opportunities  Ambitious growth plans  Investing opportunity? 3

Board of Directors 4 Paul Dupee Chairman, Sept 2011 Nigel Rogers CEO, Apr 2012 Neil Carrick Group FD, Oct 2011 Derek Zissman NXD, Feb 2011 Stephen Ruherford NXD, Oct

Track record :  6 months to 30 September 2012  Major restructure, non-core disposals, equity issue  Operating break-even, exceptional write-offs  12 months to 31 March 2013  EBIT £1m on £42m revenue, order intake £37m  12 months to 31 March 2014  EBIT £2.35m on £42m revenue, order intake £42m 5

Group companies “……Deep roots, strong brands, proud heritage…..” 6

“……broad sector, geographical and FX spread…..” Heckmondwike Colchester Letchworth Michigan Sydney Brisbane 7 Worldwide locations Active distributors in over 50 countries

“……Deep roots, strong brands, proud heritage…..” 8 Mackay Training Centre, Queensland, Australia Colchester lathes - Industry standard for training

“……Deep roots, strong brands, proud heritage…..” 9 6 x 1.3 metre Large Swing Lathe, Installed at Halliburton (Malaysia) by Clausing Clausing large swing lathe - Large components for oil & gas

“……broad sector, geographical and FX spread…..” 10 Components – Made in UK OEM & aftermarket global sales

Machine tools segment FY14 - % of Group revenue by product category 11 “……broad sector, geographical and FX spread…..”

“……industry leading margins, cash generative businesses…..” Machine tools segment Revenues – FY12 to FY14 EBIT – FY12 to FY Operating margin - FY12: 4.7% FY13: 6.1% FY14: 8.7% *before special items in FY12 & FY13

“……broad sector, geographical and FX spread…..” FY 14 audited, % of total 13 Group revenues by destination

“……sound balance sheet, future dividends…..” Net debt position – 31 March FacilitiesUtilisedHeadroom Next Review UK bank3.47* *June 2014* Overseas banks March 2015 Shareholder loan2.29 -August 2015 Total * May 14 - Extended UK available facilities to £4.77m and pro-forma headroom to £2.16m, committed to May 2017 Net debt = 1.68 x EBITDA Gearing = 23.5% of aggregate net assets Court process underway to restore distributable reserves from share premium to allow for future dividend payments

“……Dynamic, technology led growth opportunities…..” ProPhotonix Limited 15  Design & manufacture of LED solutions and laser modules  Operations in UK, Ireland & US  Annual revenues approximately US$17m  Customers across North America, Europe & Pacific Rim  Broad selection of industry applications  600 Group acquired 26% holding in share exchange (Aug 2014)  Continuing dialogue with PPIX board

“……Dynamic, technology led growth opportunities…..” Electrox Laser 16  Market drivers  Regulation/traceability  Environmental  Permanence, durability, cosmetics & cost  Market growth  Market showing consistent 5-10% CAGR (Source: ILS surveys)  World market fragmented: Electrox brand well recognised  Technology  Fibre laser sources continuing to dominate over solid state & CO 2  Used across a broad and expanding range of applications and sector

“……Dynamic, technology led growth opportunities…..” Electrox Laser 17 Flexible range of technology and enclosures Bench top to fully integrated custom

Ambitious growth plans….  Increase exposure in high growth, technology led areas  Electrox Laser – strong platform to build a leading global business in laser marking  PPIX – potential for closer business collaboration and/or increased equity holding  Aim to generate double digit Group operating margins 18

Share Price – Oct 12 to Oct

600 Group Plc Questions? 20

21 Disclaimer The information contained in this presentation (“Presentation”) has been prepared by 600 Group plc (the “Company”) and is being communicated for general background informational purposes only. The Presentation has not been independently verified and the information contained within is subject to updating, completion, revision, verification and further amendment. While the information contained herein has been prepared in good faith, neither the Company, nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising from this Presentation. In communicating this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. Information contained in this Presentation is the property of the Company. It is made available strictly for the purposes referred to above. The Presentation and any further information made available to any recipient may not be reproduced, used or disclosed without the prior written consent of the Company. This Presentation is confidential and shall not be copied, published, reproduced, or distributed in whole or in part at any time without the prior written consent of the Company. This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumption and each recipient should satisfy itself in relation to such matters. Neither the communication of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. This Presentation does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company, nor shall it, or the fact of its communication, form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever with respect to such securities.

22 Disclaimer The communication of this Presentation in or to persons in certain jurisdictions may be restricted by law and persons who may receive communication of this Presentation should inform themselves about, and observe any such restrictions in advance of communication to them of this Presentation. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction. In particular, this Presentation has not been approved by an authorised person pursuant to Section 21 of the Financial Services and Markets Act 2000 (“FSMA”) and accordingly it is being delivered in the United Kingdom only to persons to whom this Presentation may be delivered without contravening the financial promotion prohibition in Section 21 of the FSMA. Those persons are described in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Order”) and include persons who have professional experience in matters relating to investments and who fall within the category of person set out in Article 19 (investment professionals) of the Order and high net worth entities as defined in Article 49(2) of the Order. Any activity to which this Presentation relates in the United Kingdom is available to, and will only be engaged with such persons and this Presentation should not be acted or relied upon in the United Kingdom by persons of any other description. This Presentation has not been approved as a prospectus by the United Kingdom Listing Authority (“UKLA”) under Section 87A of FSMA and has not been filed with the UKLA pursuant to the United Kingdom Prospectus Rules. This Presentation nor any copy of it may be taken or transmitted into the United States of America or its territories or its possessions (the “US”) or distributed directly or indirectly into the US or to any US person as defined in Regulation S under the Securities Act 1933 as amended, including US resident corporations or other entities organised under the laws of the US or any state thereof or non-US branches or agencies of such corporations or entities. Nor shall this Presentation be taken, transmitted or distributed into Australia, Canada, Japan, Singapore, South Africa, or any other jurisdiction which prohibits the same except in compliance with applicable securities laws. The Presentation is not an offer of securities for sale in the US. Securities may not be offered or sold in the U S absent registration under the US Securities Act or an exemption there from. The Company has not registered and does not intend to register any shares or securities under the US Securities Act. By accepting communication of this Presentation, the recipient represents and warrants that it is a person to whom this Presentation may be communicated without a violation of the laws of any relevant jurisdiction. This Presentation is not to be communicated to any other person or used for any other purpose and any other person who receives communication of this Presentation should not rely or act upon it. finnCap Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, are acting exclusively for the Company and no-one else in connection with the matters described in this Presentation and will not be responsible to anyone other than the Company for providing the protections afforded to clients of finnCap Limited.