Sales revenues in Q2 2015 stood at 135.2 million Euro representing a growth of 16.7% with respect to Q2 2014 (at constant exchange rates revenues would have been 122.9 million Euro, +6.1%) and a growth of 10.5% with respect to Q1 2015. Even though the operating margins prove to be decreasing slightly due to the same dynamics that were highlighted for the half yearly results and, in particular the negative effect of exchange rates, a recovery in margins at EBIT level should be noted.
Comparison between second quarter 2015 and second quarter 2014
Comparison between second quarter 2015 and first quarter 2015
The Industrial Automation Division specialized in the design and production of automatic identification systems, safety, detection and marking solutions for the Industrial Automation market, registered revenues of 66.6 million Euro, showing a growth of 6.2% with respect to H1 2014 (-0.9% at constant exchange rates). Net of the results of the Systems Business Unit, the revenues of the division increased by 11% to 60.4 million Euro (+4.6% at constant exchange rates), which confirms the validity of the offered product and highlights a particularly positive trend in the European and Asian markets. In the second half of the year an improvement is expected even for the Systems BU as it starts to enjoy the benefit of revenues generated by the Royal Mail order. Regarding operational margin, the division shows the negative effect of greater investment in Research and Development that rose from 11.5% to 12.7% of revenues, and in the distribution network mainly in the United States where investment rose from 23.7% to 27.7% of revenues. Net of the results of the Systems BU, the gross operating margin is 7.4% of the revenue.
Finally Informatics registered sales of 14.5 million Euro, +10.7% compared to 13.1 million Euro in the first half of 2014.
Please note that the half-year interim report will be available upon request at the registered office of Datalogic S.p.A. and at the offices of Borsa Italiana S.p.A., and it could also be consulted on the Company’s web site www.datalogic.com (Investor Relations section).
Reclassified income statement at 30th June 2015 – Euro/1.000
Reclassified Balance Sheet at 30th June 2015 – Euro/1.000
 The reclassified Balance Sheet shows measures used by the Management to monitor and assess the financial performances of the Group. Given that the composition of these measures is not regulated by the reference accounting standards, even if they are directly reconcilable to the IFRS statements, they are not subject to any audit procedure by the Independent Auditors.