Q1 2018 Earnings Presentation slide image

Q1 2018 Earnings Presentation

NON-GAAP FINANCIAL PERFORMANCE: Q1 2018 Overview [$ m, except EPS] Revenues Operating Profit Margin (%) Non-GAAP EPS Free Cash Flow [$ m] Net (Debt)/ Cash Working capital (WC)* WC-to-revenue ratio * WC Q1 2018 431.7 52.9 12.3% $0.24 35.3 Mar 31, 2018 63.3 726.9 $0.40 Q1 2017 384.9 (Accounts Receivable + Inventory - Accounts Payable) 49.2 12.8% $0.19 21.1 Mar 31, 2017 79.7 607.1 $0.37 +12.2% +8% -50 bps +26% +14.2M A -21% +20% +8% ■ ■ M BRUKER COMMENTS - Reported revenue +12.2%, organic growth +4.0% Operating profit up +8% Operating margin -50 bps: FX headwinds more than offset healthy operational improvement ▪ Free cash flow $35.3M, an increase of $14.2M y-o-y ▪ Use of cash for dividends, buybacks, acquisitions and debt repayment results in lower year-over-year net cash position Working capital increase due to revenue growth, timing of shipments and FX 11
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