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Integra LifeSciences-2026 JPM.pdf

上传人: 明**** 编号:1069730 2026-01-17 14页 1.32MB

1、Integra LifeSciencesJ.P.Morgan Healthcare ConferenceJanuary 2026Slide 2Forward-looking statementsA global medtech leader dedicated to restoring livesDemonstrated leadership in$9B global marketExtensive portfolio of best-in-class productsExecuting strategic transformation Strengthening operational fo

2、undationEnabling growth and innovationSlide 319%LTM adjustedEBTIDA margin62.8%LTM adjustedgross margin$1.6BLTM reportedrevenue$89MLTM operating cash flowFinancial metrics shown for the trailing 12-months ended Sept.30,2025Both adj.gross margin and adj.EBITDA margin are non-GAAP financial measuresNeu

3、rosurgery&ENT$3.4BMid-single-digit growthTAM$9.1BMid-single-digit growthComplex Wound ReconstructionSurgical ReconstructionPrivate LabelGlobal OpportunityCodman Specialty Surgical(CSS)$1.1B1Tissue Technologies(TT)$0.5B1Instruments$2.1BLow-single-digit growthWound&Surgical Recon$3.6BMid-to-high-singl

4、e-digit growthENTInstrumentsNeurosurgerySlide 4Leadership in large global marketsHighly differentiated products trusted by healthcare professionals and systems1Trailing 12-months ended Sept.30,2025Our right to win in attractive core marketsAddressing key market trends with differentiated capabilitie

5、sSlide 5Healthcare market trendsIntegras right to winDisease states driven by demographicsShifting point-of-care to alternate care settingsGrowing adoption of new technologiesChanging reimbursement landscapeGeopolitical driversOpportunities in international marketsCommercial excellenceNeurosurgery l

6、eadershipStrong brand equityDeep scientific expertise in tissue reconstructionClinically differentiated productsAdvancing transformational care,delivering impactful innovation,and enriching life moments.Slide 6Our visionDelivering our visionDeliver best-in-class qualityIgniteinnovationIntegras strat

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1. **公司定位与财务表现**:Integra LifeSciences是全球医疗技术领导者,2025财年(截至9月30日LTM)营收16亿美元,调整后EBITDA利润率19%,调整后毛利率62.8%,经营现金流8900万美元。 2. **核心业务与市场**:主导90亿美元全球市场,业务涵盖神经外科&耳鼻喉科(34亿美元,中个位数增长)、复杂伤口修复&外科重建(36亿美元,中至高个位数增长)等,拥有差异化产品组合。 3. **战略重点**: - **Horizon 1**:强化供应链可靠性、质量管理和执行效率,建立可持续基础。 - **Horizon 2**:加速增长,投资创新(如皮肤替代品)并抓住医保政策机遇(如门诊皮肤替代品报销改革)。 4. **增长驱动**:人口老龄化、技术采用及国际市场机会,结合品牌优势与临床差异化产品,推动长期盈利与有机增长。
**Integra增长动力?** **医疗科技趋势?** **非GAAP指标意义?**
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