COMPANY PROFILE COMPANY PROFILE STAR Conference 2006 London - - PowerPoint PPT Presentation

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COMPANY PROFILE COMPANY PROFILE STAR Conference 2006 London September 27-29 Milano, 2-3 / 3/ 2005 PRIMA Group at a glance Global player in laser systems for industrial applications: 3rd player in Europe 5th player Worldwide

SLIDE 1

COMPANY PROFILE

Milano, 2-3 / 3/ 2005

COMPANY PROFILE STAR Conference 2006 – London – September 27-29

SLIDE 2

PI.C.GB.06.09.03 2

PRIMA Group at a glance

Global player in laser systems for industrial applications:

3rd player in Europe
5th player Worldwide

Over 1,000 customers in automotive, aerospace and in a wide range of other sectors About 2,500 laser systems installed in over 40 countries Consolidated sales in 2005 over 110 M€, with 75% export 6 Manufacturing facilities in Italy (2), USA (2) and China (2) World leader in multi-axis systems for automotive & aerospace:

Estimated 45% market share in Europe
Estimated 30% market share in North America

550 employees in Italy (370), USA (120) and Europe (60). Additional 150 employees in China in JV (not consolidated)

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PI.C.GB.06.09.03 3

E U R O P E

PRIMA ELECTRONICS

TORINO - Italy 100%

50% 50%

PRIMA INDUSTRIE

TORINO - Italy 100%

AMERICA A S I A

PRIMA NORTH AMERICA

SPRINGFIELD (MA) - USA

Group Structure

PRIMA RESEARCH CENTRE BARI

57.8% 6.1%(*) 30%

PRIMA FRANCE PARIS PRIMA GMBH FRANKFURT PRIMA INDUSTRIE UK BIRMINGHAM PRIMA ESPANA BARCELONA PRIMA SCANDINAVIA GOTEBORG CONVERGENT LASERS DIVISION (MA) PRIMA LASER TOOLS DIVISION (MA) LASERDYNE SYSTEMS DIVISION (MN)

M L T A

TORINO - Italy

E P S

TORINO - Italy

PRIMA CHINA

BEJING- China

SMTCL – PRIMA

SHENYANG - China

UNITY PRIMA

SHANGHAI-China

SNK – PRIMA

OSAKA - Japan

WUHAN OVL

WUHAN- China

27.5%

(*):Expected as at Dec.31,2006

100% 100% 100%

SLIDE 4

PI.C.GB.06.09.03 4

Group Facilities ITALY

Moncalieri (Torino),Italy CNC, servodrives and custom electronic products.

Shanghai, China CO2 2D laser system for cutting and

Scribing.

Chicopee, MA (USA) CO2 and Nd: YAG lasers.

COLLEGNO (TORINO), ITALY CO2 2D and 3D laser systems for cutting and welding. Champlin, MN (USA) Nd: YAG and CO2 2D and 3D laser systems for drilling, cutting and welding.

USA CHINA

Shenyang, China CO2 2D laser system for cutting

USA CHINA

SLIDE 5

PI.C.GB.06.09.03 5

Worldwide Network

Distributors and Agents Direct presence (group companies, branch offices, JVs) Headquarters

World Europe

SLIDE 6

PI.C.GB.06.09.03 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

OVER 25 YEARS OF EXPERIENCE FULLY INTEGRATED KNOW-HOW

Laser generator CNC & software Automation Cutting head

SLIDE 7

3D Selected Customers

TIER 1 suppliers Car manufacturers

Automotive Energy

Aircrafts manufacturers Engine / Component manufacturers

Aerospace

SLIDE 8

2D Selected Customers

Agricultural & Construction machines,Trucks & Trailers HVAC, White Goods Forklifts, Industrial Machinery, Others

SLIDE 9

Electronics Selected Customers

Electronics

SLIDE 10

PI.C.GB.06.09.03 10

Laser machines

SLIDE 11

PI.C.GB.06.09.03 11

20 40 60 80 100 120 1995 2000 2005 2010 0,0 1,0 2,0 3,0 4,0 5,0 6,0

PI Group sales Market size

LASER SYSTEMS SECTOR GROWTH vs PRIMA INDUSTRIE GROUP GROWTH

STRONG GROWTH DRIVERS AS COMPARED TO TRADITIONAL TECHNOLOGIES

PRODUCT QUALITY
PROCESS FLEXIBILITY
COST EFFICIENCY
TIME TO MARKET REDUCTION
ENERGY/FUEL SAVINGS

Laser systems market

(Million €)

Prima Industrie consolidated sales vs Market size

CAGR PI 95-05 + 1 7 ,0 5 % (Billion €) CAGR MARKET 95-05 + 1 1 ,3 % + 1 0 ,7 % CAGR MARKET 05-10 Expected Actual Actual

SLIDE 12

PI.C.GB.06.09.03 12

R&D: Aknowledgemnts and Awards

Syncrono …Prima Industrie

IlSo IlSole24 24Ore: “L “La Ferrari errari de dei ro i robo bot.

t. Syncrono,

ncrono, la macchina laser ad la macchina laser ad altissima precisione altissima precisione e super veloce di e super veloce di Prima In Prima Indu dustrie, strie, considerata il gioiello considerata il gioiello della tecnologia italiana.” della tecnologia italiana.”

SLIDE 13

PI.C.GB.06.09.03 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

1000 2000 3000 4000 5000 6000 7000 8000 9000 1997 1998 1999 2000 2001 2002 2003 2004 2005

k€

0,0% 1,0% 2,0% 3,0% 4,0% 5,0% 6,0% 7,0% 8,0%

% on sales

SLIDE 14

PI.C.GB.06.09.03 14

CONSOLIDATED FIGURES AS AT JUNE 30, 2006

(IFRS/IAS compliant)

SLIDE 15

PI.C.GB.06.09.03 15

INCOME STATEMENT SALES 66,677 46,370 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 4,493 777

June 30, 2006 June 30, 2005

K€ VALUE OF PRODUCTION 68,490 50,311 AS A % OF SALES 6.7% 1.7%

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PI.C.GB.06.09.03 16

BALANCE SHEET NON-CURRENT ASSETS 18,028 17,378 NET EQUITY 33,412 30,839 CURRENT ASSETS 82,575 80,594 NET FINANCIAL POSITION 7,376 7,733 DEBT / EQUITY 0.22 0.25 NON-CURRENT LIABILITIES 5,038 4,965 CURRENT LIABILITIES 54,777 54,435

June 30, 2006 Dec. 31, 2005

K€

SLIDE 17

PI.C.GB.06.09.03 17 Book ings pe r m onth 10,136 11,172 15,450 13,281 16,315 15,864

4,000

8,000 12,000 16,000 20,000

Jan Feb Mar Apr May Jun

2004 2005 2006 Average ltm

ORDER ACQUISITION TREND

Cum ula tiv e or de r a cquisition 10,136 21,308 36,757 50,038 66,353 82,217

20,000

40,000 60,000 80,000 100,000 Jan Feb Mar Apr May Jun 2004 2005 2006

SLIDE 18

PI.C.GB.06.09.03 18

SALES BREAKDOWN BY MARKET

June 30, 2005

Other 5% Laser sources 1% Sheet m etal processing 55% Aerospace & Energy 7% Electronic com pon. 20% Autom otive 12%

June 30, 2006

Other 9% Laser sources 2% Sheet m etal processing 51% Aerospace & Energy 12% Electronic com pon. 16% Autom otive 10%

2006 – Consolidated Figures

SLIDE 19

PI.C.GB.06.09.03 19

2006 – Consolidated Figures

SALES BREAKDOWN BY GEOGRAPHIC AREA

June 30, 2005

I taly 28% U.S.A. 17% R.O.W. 12% Europe 43%

June 30, 2006

I taly 23% U.S.A. 22% R.O.W. 11% Europe 44%

SLIDE 20

PI.C.GB.06.09.03 20

Stock price trend

Prima Industrie Star

SLIDE 21

PI.C.GB.06.09.03 21

Shareholders’ structure & Board of Directors

BOARD OF DIRECTORS

CHAIRMAN & C.E.O. Gianfranco CARBONATO BOARD MEMBERS Domenico PEIRETTI (1) Sandro D’ISIDORO (2) Fabrizio LUGARESI(3) Mario MAURI (3) Pio PELLEGRINI (3) Marco PINCIROLI (1) (1) = Executive Director (2) = Non Executive Director (3) = Independent Director

CAPITALIA AM 2,3% CARBONATO GIANFRANCO (& family) 4,7% MANAGEMENT 3,6% PEIRETTI DOMENICO (& family) 4,8% LESTRI HOLDING B.V. 4,5% HELIOS PRIVATE EQUITY S.A. & PARTNERS 9,0% ERSTE INTERNATIONAL HOLDING S.A. 27,8% MARKET 43,3%