• For the first nine months of the year, preliminary sales revenues at 421.8 million Euro +7.8% compared to last year
Bologna, 24 October 2016 - Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. ('Datalogic'), a global leader in Automatic Data Capture and Industrial Automation markets, and world-class producer of bar code readers, mobile computers, sensors for detection, measurement and safety, vision systems and laser marking equipment, announced today its preliminary revenues for the third quarter of 2016.
The Chairman and CEO of the Datalogic Group, Romano Volta, commented:'Preliminary revenues for the third quarter confirm a positive Group performance, despite the seasonal effect that characterises this period of the year and despite the political unknowns in the United States and Europe. In particular, the ADC Division continues to report growth, aided by fixed retail scanners and mobile computer sales. The Industrial Automation Division benefited from growth beyond expectations in Europe, but was affected by a reflective performance on the US market. The traditional positive performance of the last quarter of the year make us confident that the close of the year will be in line with the growth trend for the first nine months'.
Preliminary sales revenues in the third quarter of 2016 came in at 139.9 million Euro with a growth of 4.6% compared to the third quarter of 2015 (+4.8% at constant exchange rates) and down by 4.5% compared to the second quarter of 2016.
Booking during the quarter - orders already received - amounted to 138.1 million Euro, +3.5% compared to third quarter 2015.
The ADC Division (Automatic Data Capture), specialized in the design and production of fixed retail scanners, professional handheld readers and mobile computers, registered revenues of 97.9 million Euro with a growth of 8.4% (+8.6% at constant exchange rates) compared to the third quarter of 2015. The trend was particularly positive both in Europe as well as in North America.
The Industrial AutomationDivision specialized in the design and production of automatic identification systems, safety, detection and marking solutions for the Industrial Automation market, registered revenues of 37.2 million Euro a slight increase compared to the third quarter of 2015, including Business Unit Systems revenues. The latter, spun off from 1 October, benefited, among the other, from the order received from Royal Mail and reported a 19.9% growth in revenues to 3.8 million Euro (+20.5% at constant exchange rates).
For the first nine months of the year, preliminary sales revenues came in at 421.8 million Euro, with a growth of 7.8% compared to 391.3 million Euro in the first nine months of 2015 (+7.9% at constant exchange rates). The booking reached 426.2 million Euro, with a growth of 5.2% compared to the same period of 2015.
The Group's results of the third quarter of 2016 will be approved by Datalogic's Board of Directors on November 11, 2016.