Press Releases

Press Releases

Press Releases

Datalogic (Star: DAL.MI): board of directors approves figures at 30th September 2007

EBITDA of € 37 million (+40% vs. the same period of previous year). EBITANR  of € 27.9 million (+59% vs. 30th September 2006). Net profit of € 11.5 million (+747% vs. € 1.4 million at 30th September 2006). Net financial position negative by € 67.2 million.

Bologna, 9th November 2007
- The Board of Directors of Datalogic S.p.A. - a company listed in the Star segment of the Milan Stock Exchange, operating in the design, production and distribution of barcode reader systems and RFID (radio frequency identification devices) - approved the quarterly interim report as of 30 September 2007.

Consolidated sales revenues of € 297.5 million (mn), up by +6.1% vs. € 280.5 mn in the same period in the previous year (9M06).

Increased profitability: EBITDA of € 37 mn (+40% vs. € 26.5 at 30th September 2006); EBITANR of € 27.9 mn (+59% vs € 17.5 mn vs. the same period of previous year).

Consolidated net profit of € 11.5 mn in the first nine months of 2007 (+747% vs € 1.4 mn at 30th September 2006).

In the third quarter of the year, consolidated revenues amounted to € 98.6 mn (+7.7% in comparison to € 91.5 mn in 3Q06), EBITDA of € 11.1 mn (+4.6% vs € 10.6 mn in 3Q06) and EBITANR* of € 8.1 mn (+4.7% vs. € 7.7 mn in 3Q06).

The results achieved in the first nine months of the year confirm significant improvement in comparison to the same period of last year, in spite of an unfavourable currency trend. In particular, we point out that the increase in profitability, expressed as EBITDA, for the period, was equal to approximately three percentage points compared to the first nine months of 2006 (from 9.4% on sales to 12.4%).

With reference to separate business Divisions sales (including intersegment sales) and segment results (before non-recurring costs/revenues and depreciation and amortization due to acquisitions), for the period April - September 2007, (in Euro million) are listed below:

Divisions                                   Sales                    Segment results

Datalogic Mobile                      41.70                                   4.90

Datalogic Automation               35.60                                   2.40

Datalogic Scanning                   95.00                                   9.20

Business Development             23.10                                   3.00

Unallocable costs/adj.             (1.90)                                  (2.60)

2Q 07 Total                             193.5                                    16.9

Unfortunately, reliable reclassification of 1Q07 and 9M06 figures, on the basis of the new Divisions of the Group, was not possible.

At 30 September 2007, the net financial position of Datalogic was negative by € 67.2 mn, worse both in comparison to its position at 31 December 2006 (negative by € 58.3 mn) and at 30 September 2006 (negative by € 62.3 million). We point out that, in the first nine months of the year, treasury shares were bought for approximately € 23.8 mn and dividends were paid for € 3.8 mn. If own shares were included, the net financial position at 30th September 2007 would be negative for € 44 mn, an improvement on its position at 31st December 2006 (negative by € 50 mn).

We highlight that the Quarterly Report at 30 September 2007 is unaudited. It should also be pointed out that the attached income statement and balance sheet are reclassified statements and as such are not subject to checking by the auditors.

The manager responsible for preparing the company's financial reports" - Dott. Marco Rondelli - declares, pursuant to paragraph 2 of Art. 154-bis of the Testo Unico della Finanza, that the accounting information contained in that press release corresponds to the document results, books and accounting records.

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