Sales revenues of 204.7 million euros for the twelve months of 2005 (+40% compared to 2004), 186.5 million euros excluding PSC (+27%).
Approval of draft financial statements at December 31 2005 by BoD scheduled for February 27 2006
Bologna, 10th January 2006 - Consolidated sales revenues of 71.7 million euros in the fourth quarter of 2005, up by 64% compared to 43.6 million euros in the fourth quarter of 2004.
Revenues for the whole of 2005 amounted to 204.7 million euros, showing a 40% increase compared to 146.3 million euros for the previous year.
These are the preliminary revenue figures for Datalogic, a company listed in the STAR segment involved in the design, production and distribution of barcode reader and RFID (radio frequency identification) systems.
There was a change in the group's consolidation area compared to 2004 given that 2005 revenues also include the turnover of the US company, Informatics, acquired and consolidated as of March 2005. Furthermore, the newly acquired US company, PSC, whose final purchase agreement was signed on November 30 2005, will be included in the group's consolidation area for the month of December during which the company reported a turnover of over 18 million euros.
Datalogic's revenues in the fourth quarter of 2005 excluding PSC amounted to 53.5 million euros (+23% compared to the same period of 2004), while revenues for the whole of 2005 totaled 186.5 million euros (+27%).
As far as the individual business areas are concerned, the Data Capture Division achieved revenues of 126.8 million euros during 2005 (+3% compared to 2004) while revenues for the Business Development Division totaled 59.7 million euros (+163% compared to 22.7 million euros in 2004). The subsidiary Laservall (+15%) and the Shopevolution line (+34%) both performed extremely well.
As regards geographical areas, the growth in turnover in Italy (+15% compared to 2004), North America (+13%) and Australia (+8%) stands out.
The meeting of the Board of Directors to approve the draft financial statements at December 31 2005 has been scheduled for February 27 2006.
"I am very hopeful for the future because the results of the year just ended - stated Roberto Tunioli, the company's Managing Director - show an ongoing expansion even without the contribution of the recently acquired US company PSC".