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NIBE to acquire WaterFurnace
NIBE CEO Gerteric Lindquist/WaterFurnace CEO Tom Huntington Markaryd (SE)/Fort Wayne (USA) – June 23, 2014
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Safe Harbor Statement
This presentation contains forward-looking statements made pursuant to the Safe Harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and “forward looking information” within the meaning of Canadian /Securities laws that are based on management's beliefs and assumptions. In some cases, you can identify forward looking statements by terms such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “predicts,” “potential,” and similar expressions. Such statements, including statements relating to expectations of NIBE Industrier AB (publ) (“NIBE”) for the future performance of WaterFurnace Renewable Energy, Inc. (“WaterFurnace”) the future opportunities associated with the acquisition, and the success of the NIBE integrating WaterFurnace into its business, are not considered historical facts and are considered forward- looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance
- n these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include the possibility that
NIBE will not consummate a transaction with WaterFurnace, changes in economic, market and competitive conditions, changes in the regulatory environment and other government actions, fluctuations in exchange rates and other factors mentioned in NIBE's latest annual report (available on www.nibe.com). We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law. This presentation does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell, any securities of WaterFurnace. * As indicated herewith, this presentation uses the following non-GAAP measures: EBIT, EBITDA and accretion. NIBE and WaterFurnace believe these non-GAAP financial measures provide useful information to both management and investors in measuring financial
- performance. These measurers do not have a standard meaning prescribed by GAAP and therefore they may not be comparable to
similarly titled measurers presented by other publicly traded companies, and should not be construed as an alternative to other financial measures determined in accordance with GAAP.