A full-service CRO with integrated early-stage capabilities
|
|
- Carol Mason
- 6 years ago
- Views:
Transcription
1 CHARLES RIVER TO ACQUIRE ARGENTA and BIOFOCUS A full-service CRO with integrated early-stage capabilities James C. Foster Chairman, President & CEO Thomas F. Ackerman Executive Vice President & CFO March 13, Charles River Laboratories International, Inc Charles River Laboratories International, Inc.
2 Safe Harbor Statement This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of Forward-looking statements may be identified by the use of words such as anticipate, believe, expect, will, may, estimate, plan, outlook, and project and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements include statements in this presentation regarding the acquisition of Argenta and BioFocus; expectations regarding the timing of the closing of the acquisition; Charles River s ability to achieve expected synergies; and Charles River s expectations with respect to the impact of Argenta and BioFocus on the Company, its service offerings, net sales, sales growth rates and earnings; Charles River s projected future performance including sales and earnings per share; as well as Charles River s future growth in the area of discovery services. Forward-looking statements are based on Charles River s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. Those risks and uncertainties include, but are not limited to, the ability to successfully complete the acquisition of Argenta and BioFocus. A further description of these risks, uncertainties, and other matters can be found in the Risk Factors detailed in Charles River's Annual Report on Form 10-K as filed on February 25, 2014, as well as other filings we make with the Securities and Exchange Commission. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by Charles River, and Charles River assumes no obligation and expressly disclaims any duty to update information contained in this presentation except as required by law. Regulation G This presentation contains non-gaap financial measures, such as non-gaap earnings per diluted share, which exclude the amortization of intangible assets and other charges related to our acquisitions and expenses associated with evaluating acquisitions. We exclude these items from the non-gaap financial measures because they are outside our normal operations. This presentation also refers to our sales in both a GAAP and non-gaap (constant currency) basis. There are limitations in using non-gaap financial measures, as they are not prepared in accordance with generally accepted accounting principles, and may be different than non-gaap financial measures used by other companies. In particular, we believe that the inclusion of supplementary non-gaap financial measures in this presentation helps investors to gain a meaningful understanding of our core operating results and future prospects without the effect of these often-one-time charges, and is consistent with how management measures and forecasts the Company's performance, especially when comparing such results to prior periods or forecasts. We believe that the financial impact of our acquisitions (and in certain cases, the evaluation of such acquisitions, whether or not ultimately consummated) is often large relative to our overall financial performance, which can adversely affect the comparability of our results on a period-to-period basis. In addition, certain activities, such as business acquisitions, happen infrequently and the underlying costs associated with such activities do not recur on a regular basis. Presenting sales on a constant currency basis allows investors to measure our sales growth exclusive of foreign currency exchange fluctuations more clearly. Non-GAAP results also allow investors to compare the Company s operations against the financial results of other companies in the industry who similarly provide non-gaap results. The non-gaap financial measures included in this presentation are not meant to be considered superior to or a substitute for results of operations prepared in accordance with GAAP. The Company intends to continue to assess the potential value of reporting non-gaap results consistent with applicable rules and regulations. Quiet Period Disclaimer The Company is presently in quiet period pending its first-quarter 2014 earnings release. As a result, the Company will not comment on financial performance for the first quarter of 2014 or 2014 guidance. 2
3 Transaction Overview e Charles River signed a definitive agreement to acquire Argenta and BioFocus for 129M (~$179M) in cash Precisely in line with strategy to build a broader portfolio to support the drug discovery and early-stage development continuum and increased virtualization of biopharma Acquisition expands unique early-stage capabilities Believe it advances CRL s position as a market leader in the multi-billion dollar outsourced discovery services market Offering a full range of products and services from target discovery to IND filing Adds significant ifi expertise in medicinal i chemistry and in vitro discovery 3
4 Transaction Overview, e, cont. Financially attractive transaction Purchase price is ~2x sales and ~12x EBITDA Based on Argenta and BioFocus s 2013 results Estimate ~10% revenue growth in 2014 Accretive to non-gaap EPS in 2014 by $0.10 Acquisition and associated fees to be financed through a combination of borrowings under CRL s existing Euro- denominated revolving credit facility and cash held in non-u.s. subsidiaries Expect to utilize at least $70M of cash on hand Interest rate = EurIBOR bps Expected to close early in 2Q14 4
5 Argenta and BioFocus ocus at a Glance Expert in integrated drug discovery from target discovery to delivery of clinic-ready candidates Focus on earliest stages of drug discovery, with extensive capabilities in medicinal chemistry, target discovery, and complex in vitro biology Significant in vitro therapeutic area expertise in respiratory, oncology, inflammation and CNS diseases Exceptional fit for CRL s in vivo expertise 5
6 Argenta and BioFocus ocus Client Base Client base includes relationships with leading global biopharma, mid-tier and emerging g biotech companies Multiple long standing, multi-year integrated drug discovery relationships with major biopharmas Provides enhanced revenue visibility Some overlap in global biopharma clients, but believe that there is an opportunity to increase the work we do based on the strength of our strategic relationships Beyond shared clients, CRL has a much larger base of clients which do not work with Argenta and BioFocus Intend to leverage relationships to introduce Argenta and BioFocus s extensive discovery capabilities 6
7 Argenta and BioFocus Scientific Expertise 380 employees; 340 scientists including 150 PhDs Located at three sites in the U.K. and Netherlands Scientists with an average of years of drug discovery experience Majority with big pharma backgrounds Scientific staff has produced 2,700 publications and 1,800 patents Program and project management experience Over 50 drug candidates discovered and developed for clients Consistently top-rated by clients 7
8 Strategic Rationale a Adds upstream in vitro capabilities Expands value proposition for clients Drives profitable revenue growth and EPS accretion 8
9 A Full Service, Early-Stage CRO with Integrated Target-to-IND Capabilities Target Discovery Medicinal Chemistry Assay Development/ Screening Hit/Lead Identification/ Optimization ADME/PK In Vivo Pharmacology Safety Assessment Aligns exceptionally well with CRL downstream discovery services Engage with clients earlier in the discovery process Supports the ongoing virtualization of discovery across biopharma, academia and NGOs Large biopharma increasingly opting to outsource Want to use fewer research partners with greater capabilities Biotech increasingly virtual CRL Academia requires support to navigate the drug A/BF discovery/development process 9
10 Distinguishes s CRL from the Competition t o CRL Discovery CRO 1 CRO 2 CRO 3 Capability Target Discovery Has capability Target Validation Has capability via partner/alliance Assay Development Unsure if it has capability Screening Does not have capability HTS Biomarker ID/Development Biologics Structural Biology Fragment Screening Compound Libraries Natural Products Medicinal Chemistry Peptide Chemistry Radiolabelling Process R&D CADD In Vitro ADMET In Vivo DMPK Bioanalytical Services GLP Bioanalytics Preformulation & Material Science Formulation Development Separations Science Electrophysiology Histology Safety Pharmacology IND Support Services In Vivo Models (Dermatology) In Vivo Models (Respiratory) In Vivo Models (Oncology) In Vivo Models (CNS/Pain) In Vivo Models (Metabolic) In Vivo Models (Inflamm/Immunol) In Vivo Models (Cardiovascular) In Vivo Models (Infectious Diseases) Grant Application Support CRO 4 CRO 5 CRO 6 CRO 7 CRO 8 CRO 9 CRO 10 Key Unique discovery capabilities are a competitive advantage 10
11 Expands Value Proposition o for Clients Clients have been evolving the drug research and development model to improve efficiency and productivity They have reduced the number of suppliers in favor of forming larger strategic relationships CRL has been selected by a number of large biopharmas as a strategic partner Clients have eliminated molecules earlier in the process CRL s broader testing capabilities enable us to support clients earlier go/no-go decisions Argenta and BioFocus are two businesses with similar expertise Allow clients discovering drugs for the same target to do so with the knowledge that IP is protected 11
12 Drives Profitable Growth & EPS Accretion Net sales Non-GAAP EPS accretion (1) Partial year impact assuming early 2Q14 close 2014 (1) Adds ~6% to total sales ~$0.10 Implement revenue growth and operational savings plans through integration process in 2014 Expect those plans to generate synergies in 2015 and beyond Expect to update financial guidance with 1Q14 results, following the close of the transaction 12
13 Pro Forma Revenue e Mix RM Production 30% PCS 37% EMD 9% RM Services 24% Discovery/ Non-GLP 17% 13 Sales percentages are based on CRL FY 2013 net sales, pro forma to include Argenta and BioFocus.
14 Acquisition Summary Expanding market for outsourced discovery services Strategic acquisition supports trend to outsource full-service drug discovery and early-stage development Engage with clients earlier in the process and provide support from target to IND Meets client preference for outsourcing to larger CROs Enhances scientific expertise Distinguishes i CRL from the competition A compelling value proposition for clients to outsource capabilities which they formerly maintained in-house By increasing our importance to clients, believe that the acquisition of Argenta and BioFocus will enable CRL to drive profitable growth and create value for shareholders 14
15 Accelerating Drug Development. Exactly Charles River Laboratories International, Inc Charles River Laboratories International, Inc.
Wells Fargo 2018 Healthcare Conference. Charles River Laboratories. September 5, James C. Foster Chairman, President & Chief Executive Officer
Wells Fargo 2018 Healthcare Conference September 5, 2018 Charles River Laboratories James C. Foster Chairman, President & Chief Executive Officer 2018 Charles River Laboratories International, Inc. Safe
More informationCharles River to Acquire WIL Research Charles River Laboratories International, Inc.
Charles River to Acquire WIL Research 2016 Charles River Laboratories International, Inc. Safe Harbor Statement This presentation includes forward-looking statements within the meaning of the Private Securities
More informationto acquire Investor And Analyst Call Presentation January 4, 2008
to acquire Investor And Analyst Call Presentation January 4, 2008 Safe Harbor Statement The following information contains, or may be deemed to contain, forward looking statements (as defined in the U.S.
More informationUBS 2007 Global Life Sciences Conference. September 24, 2007
UBS 2007 Global Life Sciences Conference September 24, 2007 Safe Harbor This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section
More informationJefferies Global Health Care Conference. June 1, 2015
Jefferies Global Health Care Conference June 1, 2015 Forward-Looking Statements This presentation may contain projections, estimates and other forwardlooking statements that involve a number of risks and
More informationJefferies 2014 Global Healthcare Conference June 3, 2014 NYSE: Q
Jefferies 2014 Global Healthcare Conference June 3, 2014 NYSE: Q Copyright 2013 Quintiles Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements
More informationBringing a successful partnership to the next level
Bringing a successful partnership to the next level Basle, 21 July 2008 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as
More informationAntibody Discovery at Evotec
Antibody Discovery at Evotec - Overview - Evotec Antibodies Adding value to our partners research Innovative and flexible solutions from target ID to pre-clinical candidate The people A wide therapeutic
More informationR1 to Acquire Intermedix and Selected as RCM Services Provider for Ascension Physician Business
R1 to Acquire Intermedix and Selected as RCM Services Provider for Ascension Physician Business Investor Presentation February 26, 2018 Forward-Looking Statements and Non-GAAP Financial Measures This presentation
More informationBackground, Rationale & Discussion of vivopharm Acquisition
Background, Rationale & Discussion of vivopharm Acquisition Acquired August 2017 August 22, 2017 8:30am Eastern Dial in :: 1-888-554-1430 Webcast :: http://public.viavid.com/index.php?id=126000 1 These
More informationFull year 2014 results
Listen-only live audio webcast available from www.gemalto.com/investors Full year 2014 results March 5, 2015 Olivier Piou, CEO Jacques Tierny, CFO Disclaimer This communication does not constitute an offer
More informationThird Quarter Fiscal 2013 Performance June 29, Financial results and company highlights Fourth quarter and fiscal year 2013 outlook
Third Quarter Fiscal 2013 Performance June 29, 2013 Financial results and company highlights Fourth quarter and fiscal year 2013 outlook Safe Harbor Statement This presentation contains forward looking
More informationEnergy Aerospace & Defense Industrial. First Quarter Investor Review
Energy Aerospace & Defense Industrial First Quarter 2018 Investor Review Presented May 2, 2018 1 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27 A of
More informationAmerisourceBergen. J.P. Morgan Healthcare Conference. Steve Collis, Chairman, President & CEO Tim Guttman, EVP & CFO.
AmerisourceBergen J.P. Morgan Healthcare Conference Steve Collis, Chairman, President & CEO Tim Guttman, EVP & CFO January 10, 2017 Cautionary Note Regarding Forward-Looking Statements Certain of the statements
More informationHill-Rom: Acquiring Mortara Instrument Complementary Combination Strengthens Clinical Focus on Diagnostic Cardiology and Patient Monitoring
Hill-Rom: Acquiring Mortara Instrument Complementary Combination Strengthens Clinical Focus on Diagnostic Cardiology and Patient Monitoring January 10, 2017 Forward Looking Statements This presentation
More informationCharles River Laboratories Meeting with Management
Charles River Laboratories Meeting with Management August 12, 2014 2014 Charles River Laboratories International, Inc. Safe Harbor Statement Caution Concerning Forward-Looking Statements. This presentation
More informationInvestor Overview Presentation ADVANCING LIFE SCIENCE TOGETHER
Investor Overview Presentation ADVANCING LIFE SCIENCE TOGETHER Forward-Looking Statement Disclaimer In order to take advantage of the safe harbor provisions of the private securities litigation reform
More informationJohn Harper. Dell Investor Relations See for more information
Michael Dell Ross Perot Jr. Chairman and CEO, Dell Chairman, Perot Systems Brian Gladden Peter Altabef Senior Vice President and CFO, Dell President and CEO, Perot Systems John Harper September 21, 2009
More informationOpenText Buys EasyLink Reports Third Quarter Fiscal Year 2012 Financial Results
PRESS RELEASE OpenText Buys EasyLink Reports Third Quarter Fiscal Year 2012 Financial Results Waterloo, ON, May 1, 2012 - Open Text (TM) Corporation (NASDAQ:OTEX) (TSX: OTC), announced today that is has
More informationUBS Best of Americas Conference
The world leader in serving science UBS Best of Americas Conference Marijn E. Dekkers President and Chief Executive Officer September 21, 2007 Safe Harbor / Non-GAAP Measures Various remarks that we may
More information3Q18 Financial Results. November 8, 2018
3Q18 Financial Results November 8, 2018 Disclaimer No Offer or Solicitation This presentation is provided for informational purposes only and is not intended to and shall not constitute an offer to sell
More informationHewlett Packard Enterprise SEC Form 10 Filing
Hewlett Packard Enterprise SEC Form 10 Filing Investor Presentation July 1, 2015 Forward looking statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions
More informationDisclaimer Forward-Looking Statements Industry and Market Data Non-GAAP Financial Information
Disclaimer Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Securities Act of 1933, as amended (the Securities Act ), the Securities Exchange Act
More informationFourt r h t Q u Q art ar er Fiscal scal Y ear ear 2011 Fin i ancial ci al Result l s
Fourth Quarter Fiscal Year 2011 Financial Results June 9, 2011 1 Forward Looking Statements Certain statements included in this management presentation constitute forward-looking statements, including
More informationJ.P. MORGAN Healthcare Conference Robert Friel Chairman and CEO January 10, 2018
J.P. MORGAN Healthcare Conference Robert Friel Chairman and CEO January 10, 2018 Factors affecting future performance & non-gaap financial measures This presentation contains "forward-looking" statements
More informationInvestor Presentation. September 2018
Investor Presentation September 2018 Safe Harbour Certain statements in this release concerning our future growth prospects are forward-looking statements, which are subject to a number of risks, uncertainties
More informationQ Earnings Presentation. July 18 th, 2014
Q2 2014 Earnings Presentation July 18 th, 2014 The SAFE HARBOR Statement under the Private Securities Litigation Reform Act of 1995 Statements included in this announcement that are not historical facts
More informationReconciliations of Non GAAP Financial Measures. For the Three and Six Months Ended December 31, 2012 and 2011
Reconciliations of Non GAAP Financial Measures For the Three and Six Months Ended December 31, 2012 and 2011 1 Non GAAP Metrics Disclosure The Company believes that providing both GAAP and adjusted non
More informationLEVERAGING OUR BIOLOGICS EXPERTISE IN BIOSIMILARS SCOTT FORAKER VICE PRESIDENT AND GENERAL MANAGER, BIOSIMILARS
LEVERAGING OUR BIOLOGICS EXPERTISE IN BIOSIMILARS SCOTT FORAKER VICE PRESIDENT AND GENERAL MANAGER, BIOSIMILARS SAFE HARBOR STATEMENT This presentation contains forward-looking statements that are based
More informationWilliams Scotsman Acquisition of Acton Mobile
Williams Scotsman Acquisition of Acton Mobile Forward-Looking Statements Certain statements made in this release are forward looking statements within the meaning of the safe harbor provisions of the United
More informationInvestor Presentation May 2018
Investor Presentation May 2018 FORWARD-LOOKING STATEMENTS Forward-Looking Statements Certain statements and information in this communication may be deemed to be forward-looking statements within the meaning
More informationTHOMSON REUTERS THIRD QUARTER 2008 NOVEMBER 12, 2008
THOMSON REUTERS THIRD QUARTER 2008 NOVEMBER 12, 2008 Agenda Welcome / Introduction Frank Golden Q3 2008 Headlines Market Environment Looking Ahead Tom Glocer Financial Review Bob Daleo Q & A 2 Special
More informationInvestor Presentation. January 2019
Investor Presentation January 2019 Forward-Looking Statements & Non-GAAP Financial Measures Statements in this presentation regarding the future financial and operating results, outlook, growth, prospects,
More informationVeriFone Files Restated Reports
VeriFone Files Restated Reports SAN JOSE, Calif. -- August 19, 2008 --VeriFone Holdings Inc. (NYSE: PAY) today filed its amended and restated quarterly report on Form 10-Q/A for the fiscal quarters ended
More informationJefferies 2018 Global Healthcare Conference. June 7, 2018
Jefferies 2018 Global Healthcare Conference June 7, 2018 Forward-Looking Statements Statements in this presentation regarding the future financial and operating results, outlook, growth, prospects, business
More informationAcquisition of KLX Inc.
Acquisition of KLX Inc. May 1, 2018 Forward-Looking Information Forward-Looking Information Is Subject to Risk and Uncertainty Certain statements in this document may be forward-looking within the meaning
More informationMorgan Stanley Conference. November 15, 2017
Morgan Stanley Conference November 15, 2017 1 Forward Looking Statements Certain statements in this release or presentation, other than purely historical information, including estimates, projections,
More informationEveryday Health. Investor Call December 5, 2016
Everyday Health Investor Call December 5, 2016 Safe Harbor for Forward-Looking Statements Certain statements in this presentation are forward-looking statements within the meaning of the Private Securities
More informationInvestor presentation. December 2018
Investor presentation December 2018 Safe harbour Certain statements in this release concerning our future growth prospects are forward-looking statements, which are subject to a number of risks, uncertainties
More informationTeva Pharmaceutical Industries Ltd. J.P. Morgan Healthcare Conference. Kåre Schultz President and CEO January 7, 2019
Teva Pharmaceutical Industries Ltd. J.P. Morgan Healthcare Conference Kåre Schultz President and CEO January 7, 2019 Cautionary Note Regarding Forward-Looking Statements 2 This presentation contains forward-looking
More informationInvestor Overview Q Slides updated as of July 31, 2018
Investor Overview Q2 2018 Slides updated as of July 31, 2018 Safe Harbor and Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of federal securities laws,
More informationPfizer Completes Acquisition of Hospira
For immediate release: September 3, 2015 Media Contact: Joan Campion (212) 733-2798 Investor Contact: Chuck Triano (212) 733-3901 Pfizer Completes Acquisition of Hospira Creates a leading Global Established
More informationPharmaceutical Product Development NASDAQ: PPDI. Dan Darazsdi Chief Financial Officer. Credit Suisse Healthcare Conference November 2009
Pharmaceutical Product Development NASDAQ: PPDI Dan Darazsdi Chief Financial Officer Credit Suisse Healthcare Conference 2009 12 November 2009 Safe Harbor Except for historical information, all of the
More informationNuVasive, Inc. Acquisition of Ellipse Technologies, Inc. January 5, 2016
NuVasive, Inc. Acquisition of Ellipse Technologies, Inc. January 5, 2016 Safe Harbor Statements Forward-looking information and non-gaap measures NuVasive, Inc. ( NuVasive, NUVA or the Company ) cautions
More informationTHOMSON REUTERS FIRST-QUARTER 2008 MAY 1, 2008
THOMSON REUTERS FIRST-QUARTER 2008 MAY 1, 2008 AGENDA WELCOME / INTRODUCTION FRANK GOLDEN STRATEGY / DRIVING RESULTS TOM GLOCER FINANCIAL REVIEW & 2008 OUTLOOK BOB DALEO Q & A 2 SPECIAL NOTE Safe Harbor
More informationJP Morgan. Global Healthcare Conference. Robert Friel, Chairman and CEO January 11, PerkinElmer
JP Morgan Global Healthcare Conference Robert Friel, Chairman and CEO January 11, 2017 2016 PerkinElmer Factors affecting future performance & non-gaap financial measures This presentation contains "forward-looking"
More informationWESTFALIA AUTOMOTIVE ACQUISITION AUGUST 25, 2016
WESTFALIA AUTOMOTIVE ACQUISITION AUGUST 25, 2016 1 SAFE HARBOR STATEMENT FORWARD-LOOKING STATEMENTS This presentation may contain "forward-looking statements" as defined in the Private Securities Litigation
More informationPerkinElmer Announces Financial Results for the First Quarter 2008
PerkinElmer Announces Financial Results for the First Quarter 2008 -- Revenue of $482 million, up 20% over the prior year -- EPS from continuing operations of $0.20; Adjusted EPS of $0.29, up 21% over
More informationQ1 FY19 Financial Update
Q FY9 Financial Update Salesforce NYSE: CRM @Salesforce_ir Safe Harbor "Safe harbor" statement under the Private Securities Litigation Reform Act of 995: This presentation contains forward-looking statements
More informationCISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL
CISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL August 10, 2004 2004, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation
More informationGlobalSpec Acquisition. Supplemental Deck June 12, 2012
GlobalSpec Acquisition Supplemental Deck June 12, 2012 1 Safe harbor Statements in this presentation that are not reported financial results or other historical information are forward-looking statements
More informationThe Right Molecules. Designed. Delivered.
The Right Molecules. Designed. Delivered. 400+ Worldwide Clients 80+ Medicinal Chemistry Programs 20+ Preclinical Candidates Delivered Since 2008 10+ In IND Stage 5 Entered Phase I Clinical Trials 2 Entered
More informationCONFLUENCE LIFE SCIENCES ACQUISITION
CONFLUENCE LIFE SCIENCES ACQUISITION Dr. Neal Walker President and CEO August 2017 Copyright 2017 Aclaris Therapeutics. All rights reserved. A-1 Disclaimer Any statements contained in this presentation
More informationWelcome to Synchronoss 3.0
Welcome to Synchronoss 3.0 Intralinks Acquisition Overview and Activation Divestiture December 6, 2016 1 2016 Synchronoss, Inc. All Rights Reserved Safe Harbor. Forward-Looking Statements This presentation
More informationJefferies TMT Conference
Jefferies TMT Conference Tarek Sherif, Chairman and CEO Cory Douglas, CFO May 9, 2013 2013 Medidata Solutions, Inc. 1 Safe Harbor Statement This presentation contains forward-looking statements within
More informationPayPal Reports First Quarter 2017 Results and Raises Financial Guidance for Full Year
PayPal Reports First Quarter 2017 Results and Raises Financial Guidance for Full Year Q1 GAAP EPS increased 6% to $0.32, non GAAP EPS increased 19% to $0.44 $5 billion stock repurchase authorization announced
More informationAvnet Presentation Raymond James 38 th Annual Institutional Investors Conference
William Amelio, Chief Executive Officer Vincent Keenan, Senior VP of Investor Relations March 7, 2017 Avnet Presentation Raymond James 38 th Annual Institutional Investors Conference 1 Safe Harbor Statement
More information21 st Annual Needham Growth Conference. January 15, 2019
21 st Annual Needham Growth Conference January 15, 2019 Forward-Looking Statements Certain statements in this communication may contain forward-looking statements within the meaning of the Private Securities
More informationCalix Q Financial Results. February 13, 2018
Calix Q4 2017 Financial Results February 13, 2018 Safe Harbor This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements
More informationICON plc. 10th Jan Ciaran Murray CEO Steve Cutler CEO Designate. JP Morgan 35TH Annual Healthcare
ICON plc Ciaran Murray CEO Steve Cutler CEO Designate JP Morgan 35TH Annual Healthcare 10th Jan 2017 Forward Looking Statement Certain statements will be forward looking statements. Actual results may
More information1Q Fiscal 2019 ADP Earnings Call & Webcast
1Q Fiscal 2019 ADP Earnings Call & Webcast October 31, 2018 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forward-looking statements
More informationWINDSTREAM CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts)
(A) (B) (C) (D) WINDSTREAM CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts) THREE MONTHS ENDED SIX MONTHS ENDED Increase Increase June 30, June 30, (Decrease)
More informationPrecision Engineered Products Acquisition August 17, 2015
Precision Engineered Products Acquisition August 17, 2015 Forward-Looking Statements and Non-GAAP Financial Information Forward Looking Statements: With the exception of the historical information contained
More informationContact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications
For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com Q1 FY18
More information16th Annual ICR XChange Conference January 14, 2014
16th Annual ICR XChange Conference January 14, 2014 Bill DeLaney President, Chief Executive Officer Chris Kreidler Executive Vice President, Chief Financial Officer Forward-Looking Statements Statements
More informationICON plc. JP Morgan 33 rd Annual Healthcare Conference. Mr Ciaran Murray, Chief Executive Officer, ICON Plc 13 TH Jan 2015
ICON plc JP Morgan 33 rd Annual Healthcare Conference Mr Ciaran Murray, Chief Executive Officer, ICON Plc 13 TH Jan 2015 Forward Looking Statements Certain statements in today s presentation will be forward
More informationPerkinElmer, Inc. JP Morgan Global Healthcare Conference. Robert Friel, Chairman and CEO January 14, 2015 HUMAN HEALTH ENVIRONMENTAL HEALTH
PerkinElmer, Inc JP Morgan Global Healthcare Conference Robert Friel, Chairman and CEO January 14, 2015 HUMAN HEALTH ENVIRONMENTAL HEALTH 2014 PerkinElmer FACTORS AFFECTING FUTURE PERFORMANCE & NON-GAAP
More informationThe Future of Consumer Health Care
The Future of Consumer Health Care Coming Together To Lead The Consumer Health Care Industry 2 Creating a New Business Model in Consumer Health Care 3 Serve More Consumers In More Parts of the World, More
More informationMANAGEMENT PRESENTATION APRIL 15, 2014 ENTERPRISE ASSET INTELLIGENCE FOR THE CONNECTED AGE
MANAGEMENT PRESENTATION APRIL 15, 2014 ENTERPRISE ASSET INTELLIGENCE FOR THE CONNECTED AGE FORWARD-LOOKING STATEMENT Statements made in this presentation which are not statements of historical fact are
More informationTrimble Fourth Quarter and Fiscal 2017 Results Summary
Trimble Fourth Quarter and Fiscal 2017 Results Summary Forward-looking statements Certain statements made in this presentation and any subsequent Q&A period are forward -looking statements, within the
More informationCompany Report Daring to be different
Company Report 2010 Daring to be different Daring to be different Galapagos has continued to follow its own unique path and is now a leading international biotechnology company. In our 2010 report, we
More informationBlueLinx Second Quarter 2018 Earnings Webcast
BlueLinx Second Quarter 2018 Earnings Webcast Notes To Investors Forward-Looking Statements. This presentation includes forward-looking statements within the meaning of the Private Securities Litigation
More informationFinancial Objectives. Forward Looking Statements. Symantec 2012 Financial Analyst Day 5/24/2012. James Beer. EVP & Chief Financial Officer
Financial Objectives James Beer EVP & Chief Financial Officer 1 Forward Looking Statements This presentation contains statements regarding our projected financial and business results, which may be considered
More informationInvestor Overview. August 2017
Investor Overview August 2017 CAUTIONARY STATEMENT Information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly,
More informationFINANCIAL PERSPECTIVES
FINANCIAL PERSPECTIVES M³ - Meet Merck Management Marcus Kuhnert, CFO Darmstadt December 10, 2015 Disclaimer Cautionary Note Regarding Forward-Looking Statements This communication may include forward-looking
More informationPPG Acquires AkzoNobel s North American Architectural Coatings Business
PPG Acquires AkzoNobel s North American Architectural Coatings Business Charles E. Bunch Chairman of the Board and Chief Executive Officer David B. Navikas Senior Vice President Finance and Chief Financial
More informationWILLIAM BLAIR GROWTH STOCK CONFERENCE. June 14, 2017
WILLIAM BLAIR GROWTH STOCK CONFERENCE June 14, 2017 Safe Harbor Statement Statements made in this presentation which are not statements of historical fact are forward-looking statements and are subject
More informationOverview of USI Acquisition. March 2, 2018
Overview of Acquisition March, 08 Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements
More information2018 Wells Fargo Healthcare Conference
2018 Wells Fargo Healthcare Conference September 5, 2018 Shawn Cavanagh Executive VP & COO Forward-Looking Statements & Non-GAAP Financial Measures Statements in this presentation regarding the future
More informationWESCO International. Dave Schulz, Senior Vice President and Chief Financial Officer Raymond James 39 th Annual Investors Conference, March 7, 2018
WESCO International Dave Schulz, Senior Vice President and Chief Financial Officer 2 Safe Harbor Statement All statements made herein that are not historical facts should be considered as forward-looking
More informationSECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC) AND SRC RULE 17(a)-1(b)(3) THEREUNDER 1. January 7, 2014 Date of Report (Date of
More informationFocusing Our Portfolio & Utilizing Our Financial Strength
Focusing Our Portfolio & Utilizing Our Financial Strength Bank of America Merrill Lynch 2017 Asia Pacific Telecom, Media & Technology Conference Ann Nicholson Division Vice President, Investor Relations
More informationJP Morgan Global Healthcare Conference
JP Morgan Global Healthcare Conference January 12, 2016 Robert Friel, Chairman and CEO Factors affecting future performance & non-gaap financial measures This presentation contains "forward-looking" statements
More informationUnlocking Our Growth Opportunity
Unlocking Our Growth Opportunity Thomas Seifert EVP and Chief Financial Officer Forward Looking Statements This presentation contains statements regarding our projected financial and business results,
More informationThis document is Cimpress commentary regarding our intent to acquire Exagroup SAS, which was announced on March 2, This document contains
This document is Cimpress commentary regarding our intent to acquire Exagroup SAS, which was announced on. This document contains slides and accompanying comments in the notes section below each slide.
More informationCautionary Note Regarding Forward Looking Statements
If(we) Acquisition Cautionary Note Regarding Forward Looking Statements Certain statements in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform
More information2010 ANSYS, Inc. All rights reserved. 1 ANSYS, Inc. Proprietary
Apache Transaction Highlights June 30, 2011 2010 ANSYS, Inc. All rights reserved. 1 ANSYS, Inc. Proprietary Safe Harbor Statement Certain statements contained in this presentation regarding matters that
More informationSecurities Analyst Meeting 2017 PRINTING. Enrique Lores President, Imaging and Printing Business
Securities Analyst Meeting 2017 PRINTING Enrique Lores President, Imaging and Printing Business Forward-looking statements Today s presentations contain forward-looking statements that involve risks, uncertainties
More informationInvestor Presentation. November 2016
Investor Presentation November 2016 Safe Harbor Statement The statements in this presentation that relate to guidance, pro forma presentations, future plans, goals, business opportunities, events or performance
More informationSoftware AG announces offer for IDS Scheer
Software AG announces offer for IDS Scheer Analyst Presentation Karl-Heinz Streibich, CEO Arnd Zinnhardt, CFO July 14, 2009 Forward Looking Statement The information contained in this presentation has
More informationIBM REPORTS 2011 SECOND-QUARTER RESULTS
IBM REPORTS 2011 SECOND-QUARTER RESULTS o Diluted EPS: - GAAP: $3.00, up 15 percent; - Operating (non-gaap): $3.09, up 18 percent; o Revenue: $26.7 billion, up 12 percent, up 5 percent adjusting for currency;
More informationPhysiomics Plc. ("Physiomics" or "the Company") Interim Results Statement for the six month period ended 31 December 2015
The Magdalen Centre The Oxford Science Park Robert Robinson Avenue Oxford OX4 4GA UK Tel 01865 784980 Fax 08701 671931 ("Physiomics" or "the Company") Interim Results Statement for the six month period
More informationOptimisation de votre programme de développement
Optimisation de votre programme de développement Cedric Lamy, PhD. Cedric.lamy@crl.com Charles River Overview 65-year history: Founded in 1946, publicly traded (NYSE:CRL) Investment in skilled staff: ~7,500
More informationEVOTEC REPORTS FIRST QUARTER 2018 RESULTS AND PROVIDES CORPORATE UPDATE
, 09 MAY 2018 EVOTEC REPORTS FIRST QUARTER 2018 RESULTS AND PROVIDES CORPORATE UPDATE 55% INCREASE IN GROUP REVENUES STRONG UNDERLYING OPERATIONAL PERFORMANCE WITH NEW BUSINESS MIX AFTER APTUIT ACQUISITION
More informationMylan. Raymond James 40 th Annual Institutional Investors Conference March 05, 2019
Mylan Raymond James 40 th Annual Institutional Investors Conference March 05, 2019 Forward-Looking Statements This presentation contains forward-looking statements. These statements are made pursuant to
More informationIBM Business Perspective 2012
IBM Business Perspective 2012 Patricia Murphy Vice President, Investor Relations 2009 IBM Corporation Certain comments made in this presentation may be characterized as forward looking under the Private
More informationCDI Corporation Transformation:
CDI Corporation Transformation: Strategic Plan to Accelerate Profitable Growth and Increase Shareholder Value December 8, 2011 Copyright 2011 CDI Corp. All rights reserved. Caution Concerning Forward-Looking
More informationTeleCommunication Systems Reports Third Quarter 2011 Results
October 27, 2011 TeleCommunication Systems Reports Third Quarter 2011 Results Record Total $113 Million Revenue; Services up 12% and Systems up 5% Note: Comtech Acquired TCS on 2/23/2016 ANNAPOLIS, MD,
More informationThe power to do more Annual Meeting of Stockholders
The power to do more 2011 Annual Meeting of Stockholders July 15, 2011 Welcome Lawrence Tu Senior Vice President, General Counsel Forward-looking statements Special Note on Forward Looking Statements:
More informationSupplemental Financial Schedules May 19, 2015
Supplemental Financial Schedules May 19, 2015 The presentations and related schedules contain financial measures that are not calculated in accordance with generally accepted accounting principles (GAAP).
More information