Net of PSC, Datalogic’s first half 2006 revenues grew and amounted to € 102,1 million (+18% vs the same period in the previous year)
Consolidated sales revenues of € 190 million in the 1st half of 2006, up 119% against the € 86.6 million in the first half of prior year.
Revenues rose to € 95.1 million in the second quarter of the current period, increasing by 90.5% against the € 49.9 million in 2Q05.
The Group's consolidation area has changed since 2005, as 2006 revenues also include sales from PSC, a US-based company, acquired at the end of the previous financial year and consolidated as from December 2005.
Net of PSC, Datalogic's 1st half 2006 sales were up 18% to reach € 102.1 mln.
The positive performances resulted from favourable trends in both the Data Capture Division (sales were € 64.8 mln in the first half of the year, net of PSC's sales, up 7% against the first two quarters of prior year) and the Business Development Division (€ 37.3 million as at June 30, 2006, up 42% against sales as at June 30, 2005).
Revenues in the second quarter of 2006 - net of PSC - reached € 51.4 million, with an increase as compared to the € 49.9 million of the same time period of prior financial year.
These were Datalogic's forecast financial results for the semester that just ended. Datalogic is a company listed in the TechStar segment of the Milan Stock Exchange, operating in the design, production and distribution of barcode reader systems and RFID (radio frequency identification devices).
The meeting of the Board of Directors for approval of the 2006 first half financial results has been scheduled for 10.08.06.
"The stratospheric growth in business during the first half of the financial year - commented Mr Roberto Tunioli, Datalogic CEO - is a concrete sign of the effects of the recent and important acquisition campaign. The integration activities are proceeding speedily and allow us to look to the future with optimism".