DATALOGIC SpA : DATALOGIC (Star: DAL.MI) - Preliminary sales revenue at 116 million Euro, +10.4% compared to the first quarter 2011. Order book growth worth over 135 million, +26% compared to the first quarter 2011
04/20/2012| 01:04pm US/Eastern
Bologna, 20th April 2012 - Datalogic S.p.A.
("Datalogic"), a Company listed on the STAR segment of the
Italian Stock Exchange(Borsa Italiana S.p.A.: DAL) and leader
in the market of bar code readers, data collection mobile
computers, RFID and vision systems, announced today its
preliminary revenues for the first quarter of 2012.
Mauro Sacchetto, Datalogic Group CEO, commented: "2012 has
commenced with an increase in results for Datalogic Group,
thanks also to the progressive consolidation of the two
recently acquired American companies, PPT Vision e Accu-Sort
Revenue trend has been positive in general, despite a
slackening in January due mainly to a slow start to economy
at an international level which had a certain impact on the
Industrial Automation Division. In this first quarter we also
re-organized the Group which now, for the first time, manages
business per relevant market - Automatic Data Capture and
Industrial Automation - and not per product and we have also
started to see the benefits of the enhancement of the
facilities in Vietnam.
Thanks to these strategic projects and to the positive trend
of the second part of the first quarter, we are confident in
a positive development of the current business year in order
to achieve the goals we have set".
Preliminary sales revenues for the first quarter of 2012 came
in at 116 million, with a growth of 10.4% y/y (+8.3% at
constant Euro/Dollar exchange rates), compared to 105
million achieved in the first quarter of 2011. These results
include Accu-Sort Systems Inc, acquired and consolidated as
of January, 20th of this year, andPPT Vision Inc., for a
total amount of 9.7 million.
The order book performance - i.e. orders already received,
including those of the newly acquired companies - was
particularly positive, with the total rising to 135 million
during the 1st quarter of the year (+26% compared to the
first quarter 2011 and +36% vs. the fourth quarter 2011).
The Group's new structure, effective as of 1st January 2012,
is now organized per relevant market, a necessary step in
order to provide integrated solutions at a global level.
Therefore, the Group is now structured as follows:
Automatic Data Capture (ADC) Division - including Datalogic
Scanning, Datalogic Mobile, Enterprise Business Solutions and
Evolution Robotics Retail Inc.;
Industrial Automation Division - including Datalogic
Automation and the newly acquired Accu-Sort Systems Inc. and
PPT Vision Inc.;
Consequently, as of the first quarter 2012, the Group's
segment reporting will be provided on the basis of the above
mentioned organizational structure.
The ADC (Automatic Data Capture) Division specialized in
fixed barcode readers for the retail market, handheld
scanners and mobile computers for professional use, recorded
sales revenues of 73.5 in line with the first quarter of
2011 ( 73.3 million).
The Datalogic Industrial Automation Division, which
specialized in the production
of automatic identification systems, safety,
detection and marking solution for the Industrial Automation
market , recorded sales revenues of 32.9 million (
24.4 million in the first quarter of 2011), thanks to the
consolidation of Accu-Sort Systems Inc. and PPT Vision Inc.
that contributed for 9.8 million.
Informatics achieved a growth of +31.6% with sales of over
9.6 million compared to 7.3 million in the first quarter of
The Group's results for the first quarter of 2012 will be
approved by Datalogic S.p.A's Board of Directors on May 14th,