www.ii-vi.com                   NASDAQ: IIVI

Investor Presentation

May 2015

Our Technologies for Tomorrow’s Innovations

A global leader powered by engineered material

solutions that fully satisfy our customers

Exhibit 99.1

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www.ii-vi.com      I     NASDAQ: IIVI

2

Matters discussed in this presentation may contain forward-looking

statements that are subject to risks and uncertainties.  These risks and

uncertainties could cause the forward-looking statements and II-VI

Incorporated’s (the Company’s) actual results to differ materially.  In

evaluating these forward-looking statements, you should specifically

consider the “Risk Factors”

in the Company’s most recent Form 10-K and

Form 10-Q. Forward-looking statements are only estimates and actual

events or results may differ materially.

II-VI Incorporated disclaims any obligation to update information contained

in any forward-looking statement.

This presentation contains certain non-GAAP financial measures. 

Reconciliations of non-GAAP financial measures to their most comparable

GAAP financial measures are presented at the end of this presentation.

Safe Harbor Statement

3

Our Core –

Material Excellence

Global Leader in Engineered Materials

Headquartered in Saxonburg, PA

~ 8,000 Employees in 14 Countries

FY14: $683M Revenue, 5.6% ROS

9 mos YTD: $545M Revenue, 7.7% ROS

2% insider ownership

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4 CONSECUTIVE DECADES OF PROFITABILITY AND COUNTING

Fiscal Year Revenues

2005

$187

$224

$255

$310

$280

$333

$487

$516

$551

$683

2006

2007

2008

2009

2010

2011

2012

2013

2014

About II-VI

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Laser Solutions Segment

Leading merchant supplier of CO

2

, Fiber, and

Direct Diode industrial laser components

Leading supplier of CO

2

optics for an install

base of >70,000 high power lasers

First to service EUV Lithography CVD

Diamond optics demand

Laser Optics

Cutting Heads

Semiconductor Laser Chips

Ultra-hard Material Processing

Laser Source Solutions

Focused on expanding our fiber and direct

diode laser footprint as markets grow

Rev.

TAM

Share

$214M

$254M

$218M

$1,000M    $900M     $555M

30%

28%

39%

FY15YTD

FY14

FY13

6

Laser Solutions Segment

Vertical Cavity Surface Emitting Laser (VCSEL)

Market CAGR (‘13-’18): 33%   

Source: BCC Research

Laser Processing Heads & Beam Delivery Components

Market CAGR (‘14-’19): 22%  

Source: Strategies Unlimited

7

Photonics Segment

Worldwide supplier of cutting edge amplification,

pump, and transmission products for optical

communication networks

Leading Supplier of crystals, fiber optics,

precision optics, and optical assemblies for

multiple applications

Leverage vertical integration synergies

to enable a cost structure for market

penetration and growth

Erbium Doped Fiber Amplifiers

Undersea & Terrestrial 980nm Pumps

Optical Switches

Transceivers

Industrial Lasers

Semiconductor

Instrumentation

Optical Communication

Life Sciences

Rev.

TAM

Share

$189M    $217M     $141M

$2.5B       $2.0B

$1.5B

10%         11%

9%

FY15YTD

FY14

FY13

8

Photonics Segment

EDFA/Raman Amplifiers

Market CAGR (‘14-’19): 30%  

Source: Ovum

40G/100G Transceivers for Datacom

Market CAGR (‘14-’19): 45%   

Source: Ovum

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Focus on strategic markets where II-VI material

expertise and technology enables growth and new

functionality

Free Standing Diamond

Precision Optical Systems

High Value Material Reclamation

Reaction Bonded SiC Tools

Thermal Management

Target military platforms and applications

with growth potential

Identify emerging markets early and

enable the underpinning materials and

technology

Performance Products Segment

Rev.

TAM

Share

FY15YTD

FY14

FY13

$143M      $213M     $192M

$2.4B        $2.3B       $2.1B

8%          10%         9%

10

Performance Products Segment

Sapphire Material and Optics

Market CAGR (‘14-’19): 10%

Source: Internal

Power Generation Products

Market CAGR (‘14-’19): 30%

Source: Internal

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Gross

Margin

EBITDA

Operating

Margin

Expectations

Margin Performance

Profitability and Expectations

Expect FY15 to exceed

FY14 by 250bps in all 3

margin categories

FY11

FY12

FY13

FY14

9mos YTD

FY15

41.6%

39.0%

36.9%

33.2%

36.1%

26.0%

23.9%

21.7%

15.1%

16.7%

19.6%

15.8%

13.0%

6.8%

9.8%

FY15

FY16

35%-38%

15%-18%

7%-10%

36%-40%

17%-21%

9%-12%

12

Cash and Liquidity

Cash

and

Equivalents

Cash

Flow

from

Operations

Long-Term

Debt

(Including

current

portion)

Shareholders'

Equity

FY13

$185M

$108M

$114M

$636M

FY14

$175M

$95M

$241M

$675M

Cash and Liquidity

FY15YTD

$155M

$86M

$188M

$711M

13

Company Position

Positive Profit Outlook

Leading Market Positions In Diverse End Markets

Investing In Fast Growing Markets

Strong Cash Position

Global Manufacturing Footprint

Growth Via Organic And Acquisitions

Ongoing $50M Stock Buyback Program

14

Non-GAAP Reconciliations

2011

2012

2013

2014 

Nine Months Ended

March 31, 2015 

Reconciliation of EBITDA to Net Earnings

EBITDA

126,609

123,213

119,438

103,218

91,257

Interest expense

103

212

1,160

4,479

3,086

Depreciation and amortization

28,313

34,523

40,792

53,098

39,242

Settlement Agreement

(7,650)

Income taxes

18,517

17,760

18,766

7,325

7,673

Loss (earnings) on discontinued operations, net of taxes

(3,342)

9,443

6,789

(133)

Net earnings

83,018

61,275

51,931

38,449

48,906

Revenues

486,638

516,403

551,075

683,261

545,278

Reconciliation of EBITDA Margin to Return on Sales

EBITDA margin

26.0%

23.9%

21.7%

15.1%

16.7%

As a % of revenues:

Interest Expense

0.0%

0.0%

0.2%

0.7%

0.6%

Depreciation and amortization

5.8%

6.7%

7.4%

7.8%

7.2%

Settlement Agreement

-

-

-

-

(1.4%)

Income taxes

3.8%

3.4%

3.4%

1.1%

1.4%

Loss (earnings) on discontinued operations, net of taxes

(0.7%)

1.8%

1.2%

(0.0%)

-

Return on Sales

17.1%

11.9%

9.4%

5.6%

9.0%

($000's, except %'s; all periods fiscal year)

www.ii-vi.com      I     NASDAQ: IIVI

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Organization

Photonics

Performance Products

Laser Solutions

M&A / Integration

Tech Management

Trade Compliance

Operation Metrics

Quality

SCM

Legal

Strategic

Resources

Corporate

G&A

R&D

NPI