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| 8-K - FORM 8-K - II-VI INC | d824501d8k.htm |
 A Global Leader
in Engineered Materials & Opto-Electronic Components
Exhibit 99.1
Furey Research Partners
Hidden Gems Conference
November 20, 2014
New York City
Our Technologies for Tomorrow’s Innovations
www.ii-vi.com
NASDAQ: IIVI |
 www.ii-vi.com I NASDAQ:
IIVI 2
Matters discussed in this presentation may contain forward-looking
statements that are subject to risks and uncertainties. These risks and
uncertainties could cause the forward-looking statements and II-VI
Incorporated’s (the Company’s) actual results to differ materially.
In evaluating these forward-looking statements, you should specifically
consider the “Risk Factors”
in the Company’s most recent Form 10-K and
Form 10-Q. Forward-looking statements are only estimates and actual
events or results may differ materially.
II-VI Incorporated disclaims any obligation to update information contained
in any forward-looking statement.
This presentation contains certain non-GAAP financial measures.
Reconciliations of non-GAAP financial measures to their most comparable
GAAP financial measures are presented at the end of this presentation.
Safe Harbor Statement |
 3
Our Core –
Material Excellence |
 Global Leader in
Engineered Materials Headquartered in Saxonburg, PA
~ 7,000 Employees in 14 Countries
FY14: $683M Revenue, 5.6% ROS
4
4 consecutive decades of profitability and counting
Fiscal Year Revenues
56%
44%
46%
22%
20%
4%
4%
4%
About II-VI
31%
32%
37% |
 5
Organization
Photonics
Performance Products
Laser Solutions
M&A / Integration
Tech Management
Trade Compliance
Operation Metrics
Quality
SCM
Legal
Strategic
Resources
Corporate
G&A
R&D
NPI |
 6
Revenue
TAM
Share
FY14
FY13
$254M $218M
$885M
29%
Laser Solutions Segment
Leading merchant supplier of CO
2
, Fiber, and
Direct Diode industrial laser components
Leading supplier of CO
2
optics for an install
base of >70,000 high power lasers
First to service EUV Lithography CVD
Diamond optics demand
—
Laser Optics
—
Cutting Heads
—
Semiconductor Laser Chips
—
Ultra-hard Material Processing
—
Laser Source Solutions
Focused on expanding our fiber and direct
diode laser footprint as markets grow |
 7
Laser Solutions Segment
Vertical Cavity
Surface Emitting
Laser (VCSEL)
CO
2
Laser Optics
Laser Cutting
Heads
Laser Diode Bar
Green Laser Diode Module |
 8
Revenue
TAM
Share
FY14
FY13
$217M $141M
$2.0B
11%
Photonics Segment
Worldwide supplier of cutting edge amplification,
pump, and transmission products for optical
communication networks
Service both intercontinental (undersea) and
transcontinental (terrestrial) applications
Leverage vertical integration synergies
to enable a cost structure for market
penetration and growth
—
Precision Optics
—
980nm Pumps
—
Erbium Doped Fiber Amplifiers
—
Optical Switches
—
Optical Coatings and Filters |
 9
Source: Worldbank.org -
Based on data from the World Telecommunication/ICT Indicators database
Worldwide Fiber Optic Penetration |
 10
Arrayed Amplifiers
Dual Laser Chip
980nm Pumps
40G & 100G Quad Small Form-factor
Pluggable (QSFP) Transceivers
High Performance
Optical Coatings and Filters
Optical Switches
Photonics Segment |
 11
Revenue
TAM
Share
FY14
FY13
$213M $192M
$2.1B
10%
Focus on strategic markets where II-VI material
expertise and technology enables growth and new
functionality
—
Free Standing Diamond
—
Precision Optical Systems
—
High Value Material Reclamation
—
Reaction Bonded SiC Tools
—
Thermal Management
Target military platforms and applications
with growth potential
Identify emerging markets early and
enable the underpinning materials and
technology
Performance Products Segment |
 12
Water Cooled Silicon
Carbide Optics
Energy Harvesting
Pipe Strap
CVD Polycrystalline
Diamond
Large Panel Sapphire
Windows
Opto-mechanical
Assemblies
Performance Products Segment |
 13
Gross Margin
EBITDA
Operating Margin
FY15
FY16
35%
-
38%
37%
-
40%
15%
-
18%
19%
-
21%
7%
-
10%
9%
-
12%
Expectations
Margin Performance
Profitability and Expectations
Exiting FY15
200 BPS > Q3 FY14 |
 14
Cash and Liquidity
Cash and Equivalents
Cash Flow from Operations
Long-Term Debt
(Including current portion)
Shareholders' Equity
FY13
$185M
$108M
$114M
$636M
FY14
$175M
$95M
$241M
$675M
Cash and Liquidity |
 15
Company Position
Strong Cash Position
Positive Profit Outlook
Leading Market Positions
Diverse End Markets
Global Manufacturing Footprint
Growth via Organic and Acquisitions
Ongoing $50M Stock Buyback Program |
 www.ii-vi.com I NASDAQ:
IIVI 16
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