Q1 2018 Earnings Presentation slide image

Q1 2018 Earnings Presentation

Q1 2018 Non-GAAP Results [$m, except EPS] Total Revenues Gross Profit Margin (% of revenues) SG&A (% of revenues) R&D (% of revenues) Operating Profit (% of revenues) Tax Rate Net Income* EPS Shares Outstanding Q1 2018 431.7 205.0 47.5% -108.9 25.2% -43.2 10.0% 52.9 12.3% 23.7% 38.2 $0.24 157.0 Sum of items may not total due to rounding Q1 2017 384.9 183.4 47.6% -96.6 25.1% -37.6 9.8% 49.2 12.8% 30.6% 29.9 $0.19 160.5 A +12.2% +12% -10 bps +13% +15% +8% -50 bps -690 bps +28% +26% -2% ■ ▪ Gross margin -10 bps: negative FX translation more than offsets volume and operational improvements at CALID and " BRUKER NANO COMMENTS Opex up, primarily on FX Operating margin -50 bps: FX headwinds more than offset operational improvements at CALID and NANO Q1-18 tax rate 23.7% vs. 30.6% in Q1-17 ▪ EPS up +26%, driven by revenue growth, favorable year-over year tax rate and lower share count ▪ Share count lower on share repurchases * Attributable to Bruker 13
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