Bologna, 12th January 2007
- Consolidated sales revenues of 102.4 million euros in the fourth quarter of 2006, up by 40% compared to 73.1 million euros in the fourth quarter of 2005.
Revenues for the whole of 2006 amounted to 382.8 million euros, showing a 86% increase compared to 205.9 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.
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 (during which the company reported a turnover of over 19 million euros).
Datalogic's revenues in the fourth quarter of 2006 excluding PSC amounted to 53.3 million euros while revenues for the whole of 2006 totaled 204.1 million euros (+9% compared to previous year).
As far as the individual business areas are concerned, the Data Capture Division achieved revenues of 131.6 million euros during 2006 (+3.5% compared to 2005) while revenues for the Business Development Division totaled 72.5 million euros (+22% compared to 59.4 million euros in 2005). The subsidiary Laservall (+21%) and Informatics Inc. (+30%) both performed extremely well.
The meeting of the Board of Directors to approve the draft financial statements at December 31 2006 has been scheduled for February 14 2007.
"In the fourth quarter all our product lines," stated Roberto Tunioli, the company's CEO, "grew in comparison with the same period of the previous year. Notable among these was the growth at PSC which, came, in dollars, to more than 8% over the last quarter of 2005. The integration of PSC," continued Mr Tunioli, "posed quite a challenge but the results achieved in the second half of the year were very satisfying and have given further motivation to the company's management."