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Rofin-Sinar Technologies (RSTI)

Rofin-Sinar Technologies may be one of the hottest companies you've never heard of. Since 2003, the laser-technology company's revenue has risen 45% to $375.2 million. During that time, its net income for the fiscal year ended last Sept. 30 jumped 2.5 times to $38.5 million. Sales growth at the 1,400-employee company has slowed a bit in the first half of fiscal 2006 to just 5%. But profits for the Plymouth (Mich.) outfit keep soaring, up 33% so far this fiscal year to $23 million. Where's the growth coming from? Rofin-Sinar has found more industrial markets for its laser equipment in aerospace, medical-devices, and jewelry businesses. That has also reduced its dependence on its biggest customers in the auto and semiconductor industries, which like Rofin-Sinar's equipment for its precision-cutting capabilities. One interesting note: Tobacco companies use its laser technology to perforate cigarette paper.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

855.7

Sales*
($ Millions)

383.6

Sales Growth
(3-yr. avg. annual)

19.7 %

Profits*
($ Millions)

43.7

Profit Growth
(3-yr. avg. annual)

98.0 %

Return on Inv. Capital (3-yr.)

10.8 %

Share Price
12-Mo. Hi/Lo

57/29

Share Price
As of 4/28/06

56

Return on Equity

13.8 %

P/E Ratio

20

No. of Employees

1,413

Industry Electronic Equipment Manufacturers
CURRENT
MARKET INFO

RSTI >

COMPANY WEB SITE >
Location Plymouth, Mich.
Phone 734 455-5400
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Rofin-Sinar Technologies engages in the design, development, engineering, manufacture, and marketing of laser-based products worldwide. It provides CO2, solid-state, and diode laser sources and solutions in various configurations and options. The company offers laser macro products to machine tool and automotive markets for cutting and welding metals applications; laser marking products to semiconductor and electronics markets for marking integrated circuits, electronic components, smart cards, labels, and car components; and laser micro products to dental and jewelry, medical components, paper, plastic foils, semiconductor, and electronics markets for spot welding, fine cutting, perforating cigarette tip paper, and packaging foil applications. It sells its products directly to original equipment manufacturers, systems integrators, and industrial end-users. The company was founded in 1975 and has its headquarters in Plymouth, Mich.


Data provided by Capital IQ
 
Gunther Braun

Gunther Braun, 48

Chief Executive Officer, President and Director


Total Compensation*

$ 427,753

Total Options Value*

$ 3,375,150

* Fiscal Year 2005

DEGREES HELD
Fachhochschule in Regensburg - Business Administration Degree


Executive Bio

Gunther Braun has been a director; executive vice-president, finance and administration; chief financial officer, and treasurer of Rofin Sinar Technologies since September, 1996, and president and CEO since May, 2005. He serves as principal accounting officer and served as co-chairman and co-CEO from January, 2005, until May, 2005. Braun has also been the financial director for RSL. He joined RSL in 1989 in connection with its acquisition of Coherent General's Laser Optronics Marking Div. Braun holds a a degree in business administration from the Fachhochschule in Regensburg, Germany.


Management Team

Key Executives

Gunther Braun; Ingrid Mittelstaedt; Thomas Merk; Louis Molnar; Carl F. Baasel; Peter Wirth

Board Directors

Stephen Fantone; Peter Wirth; Gunther Braun; Daniel J. Smoke; Carl F. Baasel; Ralph Reins; Gary K. Willis; William R. Hoover


Executive Data provided by Capital IQ