COMPANY PROFILE. COMPANY PROFILE STAR Conference 2006 London September Milano, 2-3 /3/2005

Transcription

1 COMPANY PROFILE COMPANY PROFILE STAR Conference 2006 London September Milano, 2-3 /3/2005

2 PRIMA Group at a glance Global player in laser systems for industrial applications: 3rd player in Europe 5th player Worldwide World leader in multi-axis systems for automotive & aerospace: Estimated 45% market share in Europe Estimated 30% market share in North America About 2,500 laser systems installed in over 40 countries Over 1,000 customers in automotive, aerospace and in a wide range of other sectors Consolidated sales in 2005 over 110 M, with 75% export 6 Manufacturing facilities in Italy (2), USA (2) and China (2) 550 employees in Italy (370), USA (120) and Europe (60). Additional 150 employees in China in JV (not consolidated) PI.C.GB

3 E U R O P E Group Structure AMERICA 100% PRIMA INDUSTRIE TORINO - Italy 100% A S I A PRIMA NORTH AMERICA SPRINGFIELD (MA) - USA PRIMA ELECTRONICS TORINO - Italy CONVERGENT LASERS DIVISION (MA) 100% PRIMA GMBH FRANKFURT 57.8% M L T A TORINO - Italy 50% SNK PRIMA OSAKA - Japan PRIMA LASER TOOLS DIVISION (MA) 100% PRIMA INDUSTRIE UK BIRMINGHAM 6.1%(*) E P S TORINO - Italy PRIMA CHINA BEJING- China LASERDYNE SYSTEMS DIVISION (MN) 100% PRIMA SCANDINAVIA GOTEBORG 50% SMTCL PRIMA SHENYANG - China PRIMA FRANCE PARIS 27.5% UNITY PRIMA SHANGHAI-China PRIMA ESPANA BARCELONA 30% WUHAN OVL WUHAN- China PRIMA RESEARCH CENTRE BARI (*):Expected as at Dec.31,2006 PI.C.GB

4 ITALY USA Group Facilities CHINA COLLEGNO (TORINO), ITALY CO 2 2D and 3D laser systems for cutting and welding. Chicopee, MA (USA) CO 2 and Nd: YAG lasers. Shanghai, China CO 2 2D laser system for cutting and Scribing. Moncalieri (Torino),Italy CNC, servodrives and custom electronic products. Champlin, MN (USA) Nd: YAG and CO 2 2D and 3D laser systems for drilling, cutting and welding. Shenyang, China CO 2 2D laser system for cutting PI.C.GB

5 Worldwide Network Europe World Headquarters Direct presence (group companies, branch offices, JVs) Distributors and Agents PI.C.GB

6 Prima Group today HIGH TECH LEADER IN LASER SYSTEMS FOR HIGH POWER INDUSTRIAL APPLICATIONS 2D Laser cutting 3D laser cutting Laser drilling Laser welding Laser generator Cutting head CNC & software Automation OVER 25 YEARS OF EXPERIENCE FULLY INTEGRATED KNOW-HOW PI.C.GB

7 3D Selected Customers Car manufacturers Automotive TIER 1 suppliers Aircrafts manufacturers Aerospace Engine / Component manufacturers Energy

8 Agricultural & Construction machines,trucks & Trailers 2D Selected Customers HVAC, White Goods Forklifts, Industrial Machinery, Others

9 Electronics Selected Customers Electronics

10 Laser machines. PI.C.GB

11 Laser systems market LASER SYSTEMS SECTOR GROWTH vs PRIMA INDUSTRIE GROUP GROWTH Prima Industrie consolidated sales vs Market size PI Group sales Market size 120 6,0 (Million ) (Billion ) 100 5,0 STRONG GROWTH DRIVERS AS COMPARED TO TRADITIONAL TECHNOLOGIES 80 4,0 60 3,0 PRODUCT QUALITY 40 2,0 PROCESS FLEXIBILITY 20 1, ,0 COST EFFICIENCY TIME TO MARKET REDUCTION CAGR PI ,05% CAGR MARKET ,3% CAGR MARKET ,7% Actual Actual Expected ENERGY/FUEL SAVINGS PI.C.GB

12 R&D: Aknowledgemnts and Awards Syncrono Prima Industrie IlSole24Ore: La Ferrari dei robot. Syncrono, la macchina laser ad altissima precisione e super veloce di Prima Industrie, considerata il gioiello della tecnologia italiana. PI.C.GB

13 R&D: Strong commitment and product innovation Over 80 Engineers in R&D. R&D centers in: Italy (Torino and Bari) USA (Chicopee and Champlin) R&D expenses to P/L k ,0% 7,0% 6,0% 5,0% 4,0% 3,0% 2,0% 1,0% % on sales ,0% PI.C.GB

14 CONSOLIDATED FIGURES AS AT JUNE 30, 2006 (IFRS/IAS compliant) PI.C.GB

15 INCOME STATEMENT K June 30, 2006 June 30, 2005 SALES 66,677 46,370 VALUE OF PRODUCTION 68,490 50,311 EBITDA 7,348 2,861 AS A % OF SALES 11.0% 6,2% EBIT 6,705 2,281 AS A % OF SALES 10.1% 4.9% EBT 6,218 1,749 AS A % OF SALES 9.3% 3.8% NET RESULT 4, AS A % OF SALES 6.7% 1.7% PI.C.GB

16 BALANCE SHEET K June 30, 2006 Dec. 31, 2005 NON-CURRENT ASSETS 18,028 17,378 CURRENT ASSETS 82,575 80,594 NET FINANCIAL POSITION 7,376 7,733 NET EQUITY 33,412 30,839 NON-CURRENT LIABILITIES 5,038 4,965 CURRENT LIABILITIES 54,777 54,435 DEBT / EQUITY PI.C.GB

17 ORDER ACQUISITION TREND 20,000 Bookings per month 16,000 12,000 10,136 11,172 15,450 13,281 16,315 15, ,000 Average ltm 4,000 - Jan Feb Mar Apr May Jun 100,000 Cumulative order acquisition 80,000 66,353 82,217 60,000 50,038 40,000 36,757 20,000 10,136 21,308 - Jan Feb Mar Apr May Jun PI.C.GB

18 2006 Consolidated Figures SALES BREAKDOWN BY MARKET June 30, 2006 June 30, 2005 Sheet metal processing 51% Sheet metal processing 55% Other 9% Laser sources 2% Electronic compon. 16% Aerospace & Energy 12% Automotive 10% Other 5%Laser sources 1% Electronic compon. 20% Aerospace & Energy 7% Automotive 12% PI.C.GB

19 2006 Consolidated Figures SALES BREAKDOWN BY GEOGRAPHIC AREA June 30, 2006 June 30, 2005 U.S.A. 22% R.O.W. 11% Italy 23% U.S.A. 17% R.O.W. 12% Italy 28% Europe 44% Europe 43% PI.C.GB

20 Stock price trend Prima Industrie Star PI.C.GB

21 Shareholders structure & Board of Directors BOARD OF DIRECTORS MARKET 43,3% ERSTE INTERNATIONAL HOLDING S.A. 27,8% HELIOS PRIVATE EQUITY S.A. & PARTNERS 9,0% CHAIRMAN & C.E.O. Gianfranco CARBONATO BOARD MEMBERS Domenico PEIRETTI (1) Sandro D ISIDORO (2) Fabrizio LUGARESI(3) Mario MAURI (3) MANAGEMENT 3,6% PEIRETTI DOMENICO (& family) 4,8% CARBONATO GIANFRANCO (& family) 4,7% LESTRI HOLDING B.V. 4,5% CAPITALIA AM 2,3% Pio PELLEGRINI (3) Marco PINCIROLI (1) (1) = Executive Director (2) = Non Executive Director (3) = Independent Director PI.C.GB