Enovis Corporation · NYSE:ENOV
Enovis — Colfax — Investor Presentation (December 2016)
9 slides from Enovis's investor presentation, Dec 16, 2016
Slide 1: Path Forward Into 2017
December 16, 2016 Path Forward Into 2017
Slide 2: Forward-looking Statements
2 Forward-looking Statements These slides and accompanying oral presentation contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, stat
Slide 3: Colfax Strategy – A Winning Model
3 Colfax Strategy – A Winning Model Focus and Empower Top Talent Acquire Good Companies Use CBS to Make Them Great Attractive markets Strong brands and solutions Opportunities to improve and expand Values Tools and processes Way of working Independent businesses Great leaders, strong
Slide 4: Executing in 2016
4 Executing in 2016 Achieving target of $50 million restructuring cost savings Affirming 2016 guidance of $1.50 to $1.55 Adj. EPS Strengthening position in key welding markets like Europe, Russia, India, and South America Improving service levels Success on key projects and aftermarket ini
Slide 5: Driving Shareholder Value: 3-5 Year Objectives
5 Driving Shareholder Value Mid-teen segment margins GDP +1-2% organic growth Acquire to compound returns Strengthen the foundation − Deeper, empowered talent accelerating performance − Colfax Business System – delivering results − Cost realignment to simplify and leverage scale Pivot to growth − Af
Slide 6: Markets Near Bottom of Cycle
6 Markets Near Bottom of Cycle Current Environment • Sluggish as customers minimize expenses • Lower power utilization rates in the US and China • NA welding stabilizing sequentially; Europe flat • Environmental spend starting in China • Lower capex spending YOY • Current projects progressing but fe
Slide 7: 2017 Expectations
7 2017 Expectations Flat to down (2)% organic revenue Sales quarterly seasonality: 22-23%, 25-26%, 24-25%, 27-28% +7% adjusted EPS growth at mid-point Driven by $50 million of structural cost reductions Partially offset by $5 to $10 million of growth investments and inflation, net of produ
Slide 8: Financial Schedule
FINANCIAL SCHEDULE
Slide 9: Non-GAAP Reconciliation (Unaudited)
9 Non-GAAP Reconciliation (Unaudited) Note: Guidance as of 12/16/16. 2017 EPS Range Projected net income per share – diluted $1.29 $1.44 Restructuring costs 0.36 0.36 Tax Adjustment (0.10) (0.10) Projected adjusted net income per share - diluted $1.55 $1.70 Colfax has provided financial information