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January 12, 2017

J.P. Morgan 35th Annual Healthcare Conference

Chris Simon CEO

2017 Haemonetics Corporation


Forward-looking statements and non-GAAP
financial information

This presentation contains forward-looking statements that involve risks and uncertainties which are
detailed in the Companys filings with the Securities and Exchange Commission. The forward looking
statements are based on estimates and assumptions made by management of the Company and are
believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could
differ materially from the forward-looking statements. Please see the Companys 10K for the full
cautionary statement. A copy of the Companys form 10K is available on the Companys website:
www.haemonetics.com
In addition to disclosing financial results in accordance with U.S. generally accepted accounting
principles (GAAP), the Company also discloses supplemental non-GAAP financial information
including elements of operating income, operating income, net income, net income per common share
and free cash flow on an adjusted basis that excludes restructuring costs, contingent consideration
income and asset write downs. Reconciliations between GAAP and adjusted numbers are on the
Companys website: www.haemonetics.com

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Haemonetics business overview
a historical perspective
NYSE: HAE $860M* revenue $2.1B market cap 51M shares

Plasma Hospital Blood Center


$400M $170M $290M
Strong market fundamentals Hemostasis Management Declining market with challenging
Leading share Large addressable market fundamentals
Leading share Loss of competitive advantage in
Cell Salvage relatively attractive product lines
Lower growth market
Top 2 competitor
Transfusion Management
Sizeable under-penetrated market
Leading share in fragmented market
* First Half FY17 revenue of $430M annualized
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HAE business portfolio whole greater
than sum of parts

Plasma Hospital Blood Center

High potential for continued growth High potential for accelerated Declining revenue and continued
at enhanced profitability levels growth through market penetration pricing pressures
Success dependent on flawless intro- Significant investment in market Potential to optimize op income
duction of new disruptive technology development required through focus and simplification

Near-term revenue and Accelerated growth at Robust contribution to


profits, longer term ROIC hospital device margins op income and cash flow

Driving productivity to invest in long-term potential

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Plasma
Exciting potential investment and operational excellence
Potential Investment
Attractive market fundamentals Capacity to meet
(stable, upper single-digit growth) market demand for
disposables
Above market top line growth
(new markets, customers, and Placement of 20K+
pricing) new PCS 300 devices

Increasing margin Refurbishment and


subsequent placement
(more efficient use
of PCS II devices
of resources)

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Plasma
Attractive opportunity serving growing plasma market
Growing global plasma fractionation
market
Favorable epidemiology
(aging population, disease
incidence) ~$26B
Broader use (expanding ~$19B
indications1)
Increased per patient use
(IVIG SCIG shift)

2016 2021
1 Neurology, Immunology, Hematology, Oncology, Pulmonology, Rheumatology, Critical Care, Others
Source: MarketsAndMarkets Global Plasma Fractionation Market Report (August 2016)
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Plasma
Substantial incremental value through new offering

Customer value drivers

Nextgen Yield improvement


Donor management
software

Process efficiency
PCS 300
Collection device
Capacity optimization
Value-added
software apps
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Hospital
Exciting potential, requiring investment
Potential 3 product lines, 1 BU Investment

Leverage capabilities Evidence generation


across product lines
Cell
Hemostasis Cell Cartridge production
Advance commercial Salvage
Management Salvage Sales and account
and operational
management
excellence
Tailored solutions
Accelerate organic Transfusion
growth Management Inorganic growth
Supplement with
inorganic growth
Operating leverage

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Hospital Hemostasis Management
Invest in our fastest growing Hospital business

TEG 6s shaping standard


of care
Attractive market with long-
term growth potential (in line
with hospital devices)
Investments to drive both
market expansion and share
growth TEG 6s / TEG Manager

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Hospital Cell Salvage
Revitalizing our largest Hospital product line

Lower growth market


Step-wise innovation
Connectivity driven opportunity
for improved equipment use
Opportunities for share gains 7.0
and geographic expansion
ver. 7.1
Cell
Saver
ver. 7.0

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Hospital Transfusion Management
Leveraging Patient Blood Management capabilities for growth

Sizeable, underpenetrated BloodTrack / SafeTrace Tx


market Centralized blood supply management
Combined software products Point-of-Care blood storage and access
build on technology core
Solutions provide economic
and clinical benefits to
hospitals and their patients
Opportunities for system wide
improvements in blood
management

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Blood Center
Structural challenges decrease market attractiveness
Declining blood utilization ~$290M revenue*
(e.g., guidelines, PBM) profitable / significant cash flow

Customers under financial


Whole blood
pressure

Product commoditization Software


and price competition
Apheresis
Competitive pressure in
apheresis technology

Decreasing revenues, but sizeable free cash flow contribution


* First Half FY17 revenue of $145M annualized
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Blood Center
Managing to preserve profitability / capture value

Stabilize Separate Optimize


Declining revenue Operations footprint Productivity
Manageable mid-single Unique facilities Operations and
digit % commercial costs
Financial statements
Selective new Simplification
Profit measurement
opportunities; ROIC
SKUs, countries
focus Team compensation

Time-bound execution and pursuit of realistic options


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HAE growth drivers
Each Business Unit will make a distinctive contribution

Plasma
Sustain growth via investment
Long-term ROIC engine

Hospital
Accelerate growth via investment
Long-term return to normal hospital-level
margins

Blood Center
Optimize Op Income via productivity
Maintain Op Income in declining
revenue environment

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HAE growth drivers
The Corporate Centers distinctive contribution

Plasma Corporate Center roles


Sustain growth via investment Capital allocation
Long-term ROIC engine Talent management
Compliance and governance
Hospital Productivity
Accelerate growth via investment
Facility divestitures
Long-term return to normal hospital-level
margins SKU / country rationalization
Rework complex and unfavorable contracts
Blood Center R&D portfolio rationalization
Optimize Op Income via productivity
Clinical trial efficiency improvements
Maintain Op Income in declining
revenue environment Core process redesign

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A multi-year turnaround across 3 phases
Stabilize Transform Accelerate growth
Q1-Q2 FY17 Q3 FY17Q4 FY18 FY19 onwards

Sustained productivity by creating a more effective and efficient


business model

Organic growth and new portfolio strategy to maximize value


of each segment

M&A initiated to accelerate growth

Drive organization / talent / culture focused on execution, quality, speed


and entrepreneurialism

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Med Tech value creation: HAE strategic intent

Compete Achieve a #1 Deliver


in winning or #2 market superior short-
segments and position in term and long-
geographies each segment term operating
(growth, where we performance
profitability) compete (ROIC)

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Focus areas on journey to value creation
Sustainability Investing in strong, well-positioned products
in attractive, healthy markets
Productivity To free-up resources to invest in promising
growth opportunities HAE
Capital allocation Ensuring unique contribution for each business positioned
to achieve
Synergy The whole can be worth significantly more than sustained,
the sum of the parts
profitable
Inorganic growth To augment growth and improve operating growth
leverage in core franchises
Building It is early days on a long journey, but we are
momentum making good progress

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