[PPT] - COMPANY PROFILE 2005 COMPANY PROFILE Milano, 2-3 / 3/ 2005 PRIMA PowerPoint Presentation

SLIDE 1

COMPANY PROFILE

2005 COMPANY PROFILE

Milano, 2-3 / 3/ 2005

SLIDE 2

PRIMA Group at a glance

Global player in laser systems for industrial applications:

3rd player in Europe

3rd player in Europe

6th player Worldwide

World leader in multi-axis systems for automotive & aerospace:

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

Over 2,000 laser systems installed in over 40 countries Over 1,000 customers in automotive, aerospace and in a wide range of other sectors range of other sectors Consolidated sales over 110 M€, with 73% export to 40 countries 6 Manufacturing facilities in Italy (2), USA (2) and China (2)

PI.C.GB.06.09.03 2

SLIDE 3

E U R O P E

Group Structure

E U R O P E AMERICA A S I A

1 0 0 % PRI MA I NDUSTRI E

TORINO - I taly

1 0 0 %

PRI MA I NDUSTRI E

BEIJING OFFICE BEIJING - China

PRI MA ELECTRONI CS

TORINO - I taly

5 0 %

SMTCL PRI MA

6 0 % *

PRI MA NORTH AMERI CA C

y

SMTCL-PRI MA

SHENYANG - China

CONVERGENT LASERS DI VI SI ON NORTH AMERI CA SPRINGFIELD (MA) - USA

PRI MA RESEARCH CENTRE BARI

2 7 ,5 %

PRI MA FRANCE

PARIS

PRI MA GMBH

FRANKFURT

DI VI SI ON

(MA)

PRI MA LASER TOOLS DI VI SI ON UNI TY PRI MA

SHANGHAI - China FRANKFURT

PRI MA I NDUSTRI E UK

BIRMINGHAM

PRI MA ESPAÑA

5 0 %

DI VI SI ON

(MA)

LASERDYNE SYSTEMS DI VI SI ON PRI MA ESPAÑA

BARCELONA

PRI MA SCANDI NAVI A

GÖTEBORG

SNK-PRI MA

OSAKA - Japan

DI VI SI ON

(MN)

PI.C.GB.06.09.03 3

GÖTEBORG

SLIDE 4

Prima Group today

HI GH TECH LEADER I N LASER SYSTEMS FOR HI GH POW ER I NDUSTRI AL APPLI CATI ONS

2 D Laser cutting 3 D laser cutting Laser drilling Laser w elding CNC & CP laser generator CNC & softw are Autom ation Cutting head

OVER 2 5 YEARS OF EXPERI ENCE AND FULLY I NTEGRATED

PI.C.GB.06.09.03 4

OVER 2 5 YEARS OF EXPERI ENCE AND FULLY I NTEGRATED KNOW -HOW

SLIDE 5

Mission

Wide range of industries served:

PI.C.GB.06.09.03 5

SLIDE 6

Mission

Wide range of industries served:

AGRI CULTURE MACHI NES CONSTRUCTI ON MACHI NES I NDUSTRI AL MACHI NES VENDI NG MACHI NES HEATI NG AND CONDI TI ONI NG LI FTS CASH TEXTI LE FOOD & CHEMI CALS PORTABLE TABLEW ARE

ELECTROMECHANI CAL

DI SPENSERS MACHI NERY CHEMI CALS TOOLS COMPONENTS METAL SHELVES & FURNI TURE W HI TE GOODS MOTORCARS TRUCKS AND TRAI LERS TRAI NS AND W AGONS BI KES SHI PS AND AI RCRAFT LAND BASED OI L LI GHTI NG AND BOATS AI RCRAFT ENGI NES AI RCRAFTS LAND BASED TURBI NES OI L PLANTS LI GHTI NG I NDUSTRY

PI.C.GB.06.09.03 6

… we are ready for new challenges.

SLIDE 7

Selected Customers

autom otive aerospace aerospace

the s
thers

SLIDE 8

PRIMA Main Laser Solutions

High dynamics and productivity in a compact 2D cutting machine

SLIDE 9

PRIMA Main Laser Solutions

The 2D machine with 3D performance for the highest flexibility on the market

SLIDE 10

PRIMA Main Laser Solutions

High quality and productivity in a workhorse machine for cutting and High quality and productivity in a workhorse machine for cutting and welding

SLIDE 11

PRIMA Main Laser Solutions

The largest working volume with all the unique capabilities of PRIMA 3D machines

SLIDE 12

PRIMA Main Laser Solutions

SLIDE 13

PRIMA Main Laser Solutions

SLIDE 14

PRIMA Main Laser Solutions

ULTRA FAST ULTRA FAST Acceleration > 6g in real cutting conditions

ULTRA RELIABLE AND

ACCURATE ACCURATE Innovative active vibration-free system Constant beam path throughout the work area (1500x3000 mm)

ULTRA LIGHT AND EFFICIENT

Extreme lightness of moving masses requiring 3 times lower power than th b h k hi the benchmark machines

SLIDE 15

Laser systems market

LASER SYSTEMS SECTOR GROW TH vs PRI MA I NDUSTRI E GROUP GROW TH

STRONG GROW TH

Laser Macro Processing System s CAGR 05-10

STRONG GROW TH DRI VERS AS COMPARED TO

(Billion €) + 1 0 ,7 % + 1 0 ,7 %

Optech estim ates

Nov. 2 0 0 5

CAGR 95-05 + 1 1 ,6 % + 1 1 ,6 %

5,5 5 6

TRADI TI ONAL TECHNOLOGI ES

1 1 3,1 2,9 2,8 3,3 3,3 2 3 4 5

PRODUCT QUALI TY

Source: Optech Consulting, November 2005 - Macro Processing systems

1,1 1 1995 2001 2002 2003 2004 2005 2010

PROCESS FLEXI BI LI TY
COST EFFI CI ENCY

Source: Optech Consulting, November 2005 Macro Processing systems

Prim a I ndustrie consolidated sales CAGR 95-05

TI ME TO MARKET

REDUCTI ON

(Million €) 90 112 101 95 97 111

1 00 1 20

CAGR 95 05 + 1 7 ,0 5 % + 1 7 ,0 5 %

ENERGY/ FUEL SAVI NGS

(Million €) 23 33 39 46 60

20 40 60 80

PI.C.GB.06.09.03 15

* = sales are calculated in compliance with IAS/ IFRS

1 995 1 996 1 997 1 998 1 999 2000 2001 2002 2003 2004 2005

* *

SLIDE 16

Group Facilities I TALY USA CHI NA

USA CHI NA

I TALY USA CHI NA

USA CHI NA

Shanghai, China l

COLLEGNO ( TO) , I TALY

CO2 2 D laser system for cutting and

Scribing.

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

( ) , CO2 2 D and 3 D laser system s for cutting and w elding. Moncalieri ( To) , I taly CNC servodrives and Cham plin, MN ( USA) Nd: YAG and CO2 2 D and 3 D laser system s for

Shenyang, China CO2 2 D laser system

PI.C.GB.06.09.03 16

CNC, servodrives and custom electronic products. 3 D laser system s for drilling, cutting and w elding.

2

y for cutting

SLIDE 17

Worldwide Network

Europe Europe W orld W orld

Headquarters Direct presence ( subsidiaries, branch

ffices, JVs)

q

PI.C.GB.06.09.03 17

Distributors and Agents

SLIDE 18

Effective after-sales customer service

Hi hl t i d d kill d t h i i

Highly trained and skilled technicians

assure real proxim ity to the custom er and quick response

2 4 -hour hotline service
TELEPRI MACH: rem ote diagnostics
Delivery of consum ables and spare

parts for regular m aintenance assured in 8 to 2 4 hours in 8 to 2 4 hours

e-com m erce for consum ables and

spare parts

PI.C.GB.06.09.03 18

SLIDE 19

Strong commitment in R&D and product innovation

8 0 Engineers in R&D.
R&D centers in:

I t l ( T i d B i)

I taly ( Torino and Bari)
USA ( Chicopee – MA)

R&D expenses to P/L

7000 8000 9000 7,0% 8,0% 9,0% 4000 5000 6000

k€

4,0% 5,0% 6,0%

% on sales

1000 2000 3000 0 0% 1,0% 2,0% 3,0%

%

PI.C.GB.06.09.03 19 1997 1998 1999 2000 2001 2002 2003 2004 2005 0,0%

SLIDE 20

PNA 2000-2005 financial overview

SALES SALES SALES

40 000 50.000

SALES

40 000 50.000 20.000 30.000 40.000

Sales ( K$)

Sales Trend 20.000 30.000 40.000

Sales ( K$)

Sales Trend 10.000

2000 2001 2002 2003 2004 2005 S

10.000

2000 2001 2002 2003 2004 2005 S

Source: PNA reporting prepared in accordance w ith US Gaap. Am ounts in K$

2000 2001 2002 2003 2004 2005

Source: PNA reporting prepared in accordance w ith US Gaap. Am ounts in K$

2000 2001 2002 2003 2004 2005

EBI T AND NET I NCOME EBI T AND NET I NCOME

2.000 4.000

sult ( K$)

2.000 4.000

sult ( K$)

(4.000) (2.000)

and Net res

EBIT Net Income EBIT trend (4.000) (2.000)

and Net res

EBIT Net Income EBIT trend (8.000) (6.000)

2000 2001 2002 2003 2004 2005 EBI T a

(8.000) (6.000)

2000 2001 2002 2003 2004 2005 EBI T a

PI.C.GB.06.09.03 20

Source: PNA reporting prepared in accordance w ith US Gaap. Am ounts in K$

2000 2001 2002 2003 2004 2005

Source: PNA reporting prepared in accordance w ith US Gaap. Am ounts in K$

2000 2001 2002 2003 2004 2005

SLIDE 21

CONSOLI DATED FI GURES AS AT DECEMBER 3 1 2 0 0 5 DECEMBER 3 1 , 2 0 0 5

( I FRS/ I AS com pliant)

SLIDE 22

2005 – Consolidated Figures

INCOME STATEMENT (*) INCOME STATEMENT ( )

Dec. 3 1 , 2 0 0 5

Dec.3 1 , 2 0 0 4

K€

SALES 1 1 0 ,8 8 5 9 7 ,1 0 6 Value of production 1 1 5 ,8 5 1 1 0 2 ,7 7 3 EBI TDA 9 ,1 2 4 6 ,2 0 5 % f l 8 2 % 6 4 % as a % of sales 8 .2 % 6 .4 % EBI T 7 ,9 1 6 4 ,9 9 1 as a % of sales 7 .1 % 5 .1 % EBT 7 1 1 3 3 4 3 1 EBT 7 ,1 1 3 3 ,4 3 1 as a % of sales 6 .4 % 3 .5 % NET RESULT 5 ,1 0 8 1 ,0 4 3 as a % of sales 4 6 % 1 1 %

(*) Data are prepared / restated in accordance with IAS/IFRS

as a % of sales 4 .6 % 1 .1 %

SLIDE 23

2005 – Consolidated Figures

BALANCE SHEET

Dec. 3 1 , 2 0 0 5

Dec.3 1 , 2 0 0 4

K€

NON-CURRENT ASSETS 1 0 ,4 3 1 9 ,5 2 3 CURRENT ASSETS 8 7 ,5 4 1 8 3 ,4 3 5 CURRENT ASSETS 8 7 ,5 4 1 8 3 ,4 3 5 NET FI NANCI AL POSI TI ON 7 ,7 3 3 1 5 ,4 1 9 NET EQUI TY 3 0 ,8 3 9 2 5 ,6 8 0 NON-CURRENT LI ABI LI TI ES 4 ,9 6 5 7 ,1 2 7 DEBT / EQUI TY 0 2 5 0 6 0 CURRENT LI ABI LI TI ES 5 4 ,4 3 5 4 4 ,7 3 2 DEBT / EQUI TY 0 .2 5 0 .6 0

(*) Data are prepared / restated in accordance with IAS/IFRS

SLIDE 24

2005 – Consolidated Figures

SALES BREAKDOWN BY MARKET

Dec. 31, 2004

Dec.31, 2005

Other 4% Sheet m etal processing 49% Electronic com pon. 12% Other 4% Sheet m etal processing 50% Electronic com pon. 12% Aerospace Aerospace & Energy 13% Autom otive 22% Aerospace & Energy 8% Autom otive 26%

SLIDE 25

2005 – Consolidated Figures

SALES BREAKDOWN BY GEOGRAPHIC AREA

Dec 31 2004 Dec 31 2005 Dec.31, 2004 Dec.31, 2005

I taly 27% U.S.A. 21% R.O.W. 16% I taly 27% U.S.A. 19% R.O.W. 13% Europe 36% Europe 41%

SLIDE 26

Stock price trend

PI.C.GB.06.09.03 26

SLIDE 27

Shareholders’ structure & Board of Directors

BOARD OF DI RECTORS SHAREHOLDERS’ STRUCTURE SHAREHOLDERS’ STRUCTURE SHAREHOLDERS’ STRUCTURE

CHAI RMAN & C.E.O. Gianfranco CARBONATO

SHAREHOLDERS STRUCTURE

Erste I t t i l

SHAREHOLDERS STRUCTURE SHAREHOLDERS STRUCTURE

Erste I t t i l

BOARD MEMBERS Sandro D’I SI DORO Fabrizio LUGARESI

MARKET 42,61% Helios Int ernat ional Holding S.A. 25,85% MARKET 42,61% Helios Int ernat ional Holding S.A. 25,85%

Mario MAURI Dom enico PEI RETTI Pio PELLEGRI NI ( * )

Helios Privat e Equit y S.A. & Part ners 9,04% Helios Privat e Equit y S.A. & Part ners 9,04%

( ) Marco PI NCI ROLI ( * )

Management 4,03% Lest ri Holding B.V. 4,49% Lemanik SICAV 2,55% Arcipelagos SICAV Carbonat o Gianfranco (& f il ) Peirett i Domenico (& family) 4,53% Management 4,03% Lest ri Holding B.V. 4,49% Lemanik SICAV 2,55% Arcipelagos SICAV Carbonat o Gianfranco (& f il ) Peirett i Domenico (& family) 4,53% 2,21% (& family) 4,69% 2,21% (& family) 4,69%

( * ) = independent director PI.C.GB.06.09.03 27