Barco Nv · EURONEXT:BAR
Barco Nv — Investor Presentation (April 2006)
66 slides from Barco Nv's investor presentation, April 2006
Slide 1: Investors Company Presentation
Investors Company Presentation Company presentation April 2006, page 1
Slide 2: Company highlights
Company highlights • An international imaging technology company providing visualization and display solutions for professional markets • Leading positions in niche markets • Strong R&D capabilities create continuous flow of new products • Strategic acquisitions to complement organic growth • Ongoin
Slide 3: Mission statement
Mission statement To be the world leader in professional visualization and display solutions for B2B markets Company presentation April 2006, page 3
Slide 4: Headquartered in Belgium with worldwide presence
Headquartered in Belgium with worldwide presence Americas EMEA Asiapac North America Europe Asia Belgium* (4) China* (5) US India* (2) Georgia* Czech Republic* Japan* (2) North Carolina Denmark Malaysia Ohio* France* (2) Singapore Oregon* Germany* (4) South-Korea California* Italy Taiwan Poland Thai
Slide 5: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging Events Simulation Broadcast Textiles Avionics Media Presentation Traffic Plastics Traffic Control Digital Cinema Surveillance
Slide 6: Market overview
Market overview Company presentation April 2006, page 6
Slide 7: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging 15% Events Simulation Broadcast Textiles Avionics 2% Media Presentation Traffic Plastics Traffic Control 8% Digital Cinema Sur
Slide 8: Medical Imaging
Medical Imaging • PACS (Picture Archiving and Communication Systems) – High quality flat panel display systems, graphics controllers, QA management software and projection systems • 3D clinical software • Custom imaging solutions – Customized hardware and software solutions to expand the functionali
Slide 9: UZA Edegem, Belgium
Company presentation April 2006, page 9 UZA Edegem, Belgium
Slide 10: Imelda Hospital Bonheiden, Belgium
Company presentation April 2006, page 10 Imelda Hospital Bonheiden, Belgium
Slide 11: Avionics
Avionics • Cockpit displays such as primary flight displays, navigation displays, control display units, engine instrument displays • Situational awareness displays for critical flight applications Company presentation April 2006, page 11
Slide 12: Beriev-200
Company presentation April 2006, page 12 Beriev-200
Slide 13: Traffic Control
Traffic Control • Air Traffic Control – Displays, graphics controllers, toolbox software solutions, archiving & recording systems and operational & maintenance support software for real- time air traffic management • Vessel traffic control – Total solutions (displays, graphics controllers and softwa
Slide 14: Spata Airport Tower, Athens
Company presentation April 2006, page 14 Spata Airport Tower, Athens
Slide 15: DFS, Bremen
Company presentation April 2006, page 15 DFS, Bremen
Slide 16: Defense & Security
Defense & Security • Rugged visualization solutions, including flat panel displays, graphics controllers, consoles and workstations, recording solutions and rugged computers • Used in a variety of defense and security applications for reconnaissance, surveillance and intelligence gathering purposes
Slide 17: E2C-Hawkeye
Company presentation April 2006, page 17 E2C-Hawkeye
Slide 18: Fully Integrated Tactical System, EADS
Company presentation Fully Integrated Tactical System, EADS April 2006, page 18
Slide 19: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging Events 15% Simulation Broadcast Textiles Avionics Media 7% Presentation Traffic Plastics Traffic Control Digital Cinema 3% Sur
Slide 20: Events
Events • LED, projection and control equipment for rental & staging industries • Used at concerts with products gracing the shows of Madonna, U2, Jennifer Lopez, Paul Mc Cartney and many more • Used for corporate events such as car shows, exhibitions, seminars Company presentation April 2006, page 2
Slide 21: U2 – European tour 2005
Company presentation April 2006, page 21 U2 – European tour 2005
Slide 22: Kylie Minogue
Company presentation April 2006, page 22 Kylie Minogue
Slide 23: Chicago Auto Show
Company presentation April 2006, page 23 Chicago Auto Show
Slide 24: Seoul international motorshow
Company presentation April 2006, page 24 Seoul international motorshow
Slide 25: Armani Fashion Show
Company presentation April 2006, page 25 Armani Fashion Show
Slide 26: Media
Media • Full color LED display systems and peripheral equipment used in – sports arenas – corporate HQs – shopping malls & flagship stores – theme parks – advertising, ... Company presentation April 2006, page 26
Slide 27: Taylor Field Stadium, Canada
Company presentation April 2006, page 27 Taylor Field Stadium, Canada
Slide 28: Crown Fountain, Chicago
Company presentation April 2006, page 28 Crown Fountain, Chicago
Slide 29: Fashion Show, Las Vegas
Company presentation April 2006, page 29 Fashion Show, Las Vegas
Slide 30: Company presentation April 2006, page 30
Company presentation April 2006, page 30
Slide 31: Shanghai F1 track
Company presentation April 2006, page 31 Shanghai F1 track
Slide 32: Bank of America, Times Square New York
Company presentation April 2006, page 32 Bank of America, Times Square New York
Slide 33: Digital Cinema
Digital Cinema • Digital Cinema – Conversion of analog to digital – Huge potential of ±120,000 theaters worldwide Company presentation April 2006, page 33
Slide 34: Kinepolis, Belgium
Company presentation April 2006, page 34 Kinepolis, Belgium
Slide 35: Post production
Company presentation April 2006, page 35 Post production
Slide 36: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging Events Simulation 10% Broadcast Textiles Avionics Media Presentation 5% Traffic Plastics Traffic Control Digital Cinema Survei
Slide 37: Simulation
Simulation • Total simulation solutions for flight, air traffic and car & ship training purposes • Display solutions for immersive visualization markets – Oil & gas: display systems to visualize seismic data, complex reservoir models, well logs and geologic cross sections – Automotive: display syste
Slide 38: Ericsson SAAB Avionics flight simulator
Company presentation April 2006, page 38 Ericsson SAAB Avionics flight simulator
Slide 39: NASA Space Shuttle Simulator
Company presentation April 2006, page 39 NASA Space Shuttle Simulator
Slide 40: Changan university, Xian, China
Company presentation April 2006, page 40 Changan university, Xian, China
Slide 41: ATC Simulator, NLR, Rotterdam
Company presentation April 2006, page 41 ATC Simulator, NLR, Rotterdam
Slide 42: PSA France
Company presentation April 2006, page 42 PSA France
Slide 43: Schlumberger Oasis iCenter, Abu Dhabi, UAE
Company presentation April 2006, page 43 Schlumberger Oasis iCenter, Abu Dhabi, UAE
Slide 44: Planetarium aboard Queen Mary 2
Company presentation April 2006, page 44 Planetarium aboard Queen Mary 2
Slide 45: VR theater in the Forbidden City, Beijing
Company presentation April 2006, page 45 VR theater in the Forbidden City, Beijing
Slide 46: Presentation
Presentation • Networked projection solutions for meeting rooms, from executive boardrooms to large auditoriums • Enabling collaborative videoconferencing between remote sites Company presentation April 2006, page 46
Slide 47: Caixaforum, Barcelona, Spain
Company presentation April 2006, page 47 Caixaforum, Barcelona, Spain
Slide 48: Nagoya Shouka University, Japan
Company presentation April 2006, page 48 Nagoya Shouka University, Japan
Slide 49: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging Events Simulation Broadcast Textiles Avionics Media Presentation Traffic Plastics Traffic Control Digital Cinema Surveillance
Slide 50: Utilities, Telecom, Broadcast, Traffic & Surveillance
Utilities, Telecom, Broadcast, Traffic & Surveillance • Visualization, image processing & software integration for – broadcast and distribution monitoring centers • Integrated display wall solutions for – traffic management centers – surveillance centers Company presentation April 2006, page 50
Slide 51: Elia, Belgium
Company presentation April 2006, page 51 Elia, Belgium
Slide 52: Telekom Ulm, Germany
Company presentation April 2006, page 52 Telekom Ulm, Germany
Slide 53: Channel 4 Monitoring Center, U.K.
Company presentation April 2006, page 53 Channel 4 Monitoring Center, U.K.
Slide 54: EMC Digital Head End, Taiwan
Company presentation April 2006, page 54 EMC Digital Head End, Taiwan
Slide 55: Dubai TV
Company presentation April 2006, page 55 Dubai TV
Slide 56: Welsh Assembly, UK
Company presentation April 2006, page 56 Welsh Assembly, UK
Slide 57: NCP Manchester, UK
Company presentation April 2006, page 57 NCP Manchester, UK
Slide 58: Company structure
Company structure Barco Media & Presentation Control Barco View Entertainment & Simulation Rooms Vision FY 05 Sales: 33% 25% 15% 16% 8% € 712 million Markets Medical imaging Media Simulation Broadcast Textiles Avionics Events Presentation Traffic Plastics Traffic Control Digital Cinema Surveillance
Slide 59: Textiles & Plastics
Textiles & Plastics • Sensors & systems for visual inspection and quality control – Spinning – Weaving – Finishing (dyeing) • CIM systems for the plastics injection molding, blow molding, extrusion, packing and assembly industry Company presentation April 2006, page 59
Slide 60: Textilgruppe Hof
Company presentation April 2006, page 60 Textilgruppe Hof
Slide 61: Geographical breakdown of sales
Geographical breakdown of sales 1Q06 16,9% EMEA AMERICAS 49,7% ASIAPAC. 33,4% 1Q05 16,9% 52,1% 31,0% Company presentation April 2006, page 61
Slide 62: Strategy: market-driven & technology-enabled
Strategy: market-driven & technology- enabled • Listen to our customers by strengthening involvement of key customers in our product design • Continue to invest in R&D: an average 10 to 11% of sales per year to guarantee innovation • Safeguard leading positions in niche markets • Do strategic acquis
Slide 63: Operational results 1Q06
Operational results 1Q06 in € million 1Q05 1Q06 Growth % 1Q06/1Q05 Orders 172.4 199.6 15.8 Sales 153.6 172.1 12.0 EBITA 6.4 9.3 44.1 EBITA % 4.2 5.4 28.6 Book-to-bill 1.12 1.16 3.6 $/€ 9% higher in 1Q05 Company presentation April 2006, page 63
Slide 64: Expectations 2Q06
Expectations 2Q06 • Order target between € 195 - 205 million, vs € 185.6 million in 2Q05 • Sales target: between € 182 - € 192 million, vs € 176.9 million in 2Q05 • EBITA between € 15 and € 20 million, vs € 15.5 million in 2Q05 Company presentation April 2006, page 64
Slide 65: In summary
In summary • An international imaging technology company providing visualization and display solutions for professional markets • Leading positions in niche markets • Strong R&D capabilities create continuous flow of new products • Strategic acquisitions to complement organic growth • Ongoing stream
Slide 66: Questions & answers
Questions & answers Thank you for your time! Company presentation April 2006, page 66