• Approval of the Datalogic S.p.A. financial statements and examination of the consolidated financial statements of the Group as of 31st December 2014
• Approval of the distribution of a dividend of 18 euro cents per share, with a growth of +12.5% compared to the previous year
• Appointed the new Board of Directors
• Romano Volta appointed Chairman
• Approval of the Compensation Report
• Authorization to purchase and dispose treasury shares
Bologna, 28th April 2015 – Today the Annual General Meeting of 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”) and global leader in the automatic data capture and industrial automation markets and producer of bar code readers, data collection mobile computers, sensors, vision systems and laser marking systems, approved the Datalogic S.p.A. financial statements and examined consolidated financial statements for the year ending 31st December 2014.
The 2014 results highlight a general recovery of the ADC Division in all the reference markets thanks to the introduction of new technologically advanced products that have stimulated a return to investment by retailers and a continuing reflective trend of the IA Division, especially in the North American market, but showing clear signs of a recovery in the latter part of the year. 2014 closed with sales revenues rising by 3.1% to 464.5 million Euro, a strong improvement in marginality, with EBITDA growing by 15.8% to 69.4 million Euro (with a 14.9% EBITDA margin) and net profit increasing by 14.7% to 30.9 million Euro.
The Parent Company closes with a net profit of 23.6 million Euro compared to 6.9 million Euro of the previous year.
The Shareholders approved the distribution of an ordinary dividend, gross of legal withholdings, of 18 euro cents per share (+12.5% compared to 16 euro cents per share for 2013), for a total amount of 10.5 million Euro, with coupon detachment (n. 8) on 11th May 2015 (record date the 12th May) and payment as of 13th May 2015. The residual profit for the year - just short of 12 million Euro - was carried forward.
The Shareholders also resolved:
(i) to appoint members of the new Board of Directors, with a term of office expiring with the approval of the financial statements for the year ending 31 December 2017. Specifically, all the candidates in the list presented by the majority shareholder Hydra S.p.A. were nominated, namely:
- Romano Volta;
- Valentina Volta;
- Filippo Maria Volta;
- Pietro Todescato;
- Gaia Mazzalveri (indipendent);
- Luigi Di Stefano (indipendent);
- Carlo Achille Aversa;
- Pier Paolo Caruso;
whose curricula vitae - together with additional supporting documentation - are available at the registered offices of the company, at the offices of Borsa Italiana S.p.A., on the “1Info” authorizes storage mechanism, in addition to the www.datalogic.com internet site – in the Governance section under – Shareholders' meetings - Documentation;
(ii) to nominate director Romano Volta as Chairman of the Board of Directors for the whole term of the Board;
(iii) to approve, pursuant to art. 123-ter, para. 6, of the Italian Legislative Decree no. 58/1998, the compensation report for 2015;
(iv) to authorize the Board of Directors to carry out purchasing and sales transactions for the company's own shares (of which to date the company owns 274,610 which represent approximately 0.47% of the share capital), without prejudice to Datalogic's intention to equip the Board with a strategic and functionally flexible management tool.
The authorization regards the purchasing and sale of ordinary shares of the company within the maximum quantitative limits as provided by the currently applicable regulations, for a period starting from today and ending on the date of the Shareholders' Meeting to be called for the approval of the 2015 financial statements, or, in the event that no resolution is passed for a another authorization during such Shareholders' Meeting, for a longer term of 18 months from today.
Any purchases of the company shares shall be made in compliance with the applicable laws, in accordance with one of the methods as provided by Article 144-bis of the so called Consob Issuer Regulations, for a share unit price between 2 and 22 Euro.
Regarding today’s meeting please note that:
a) a summary statement of the voting with the number of shares represented at the General Meeting, the number of shares for which votes were cast, the percentage of share capital represented by these shares, also including the number of votes in favor of and against each resolution and the number of abstentions, will be available on the company’s website no later than 5 (five) days from today;
b) the minutes of the General Meeting will be available to the public within 30 days from today.
The manager responsible for preparing the company’s financial reports – Sergio Borgheresi – declares, pursuant to paragraph 2 of Art. 154-bis of the “Testo Unico della Finanza”, that the accounting information contained in this press release corresponds to the document results, books and accounting records.