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• Preliminary sales revenues in 2016 to 576 million Euro, up +7.7% compared to 535.1 million Euro of the previous year
• “Go – Live” of the customer-oriented project for all company processes
Bologna, 27th January 2017 – The Board of Directors 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”), a global leader in Automatic Data Capture and Industrial Automation markets, and world-class producer of bar code readers, mobile computers, sensors for detection, measurement and safety, vision systems and laser marking equipment, examined today its preliminary revenues for the fourth quarter of 2016.
The CEO of the Datalogic Group, Valentina Volta, commented: “We are extremely satisfied with the revenues achieved in the fourth quarter (that is the best in the Group's history) and in all of 2016, which continues to show a performance stronger than that of the market and in line with forecasts. In particular, a steady rate of ADC Division growth continued in the Retail sector, particularly in imaging-technology fixed scanners and mobile computers where growth reached double figures. The Industrial Automation Division saw a strong fourth-quarter recovery in North America in the T&L sector”.
Preliminary sales revenues for the fourth quarter of 2016 came in at 155 million Euro, with a growth of 7.6% compared to the fourth quarter of 2015 (+7.0% at constant exchange rates).
Booking during the quarter - orders already received – amounted to 161 million Euro, +1.7% compared to fourth quarter 2015 and +16.4 compared to the third quarter 2016.
The ADC Division (Automatic Data Capture), specialized in the design and production of fixed retail scanners, professional handheld readers and mobile computers, registered revenues of 105 million Euro with a growth of 9.1% (+8.4% at constant exchange rates) compared to the fourth quarter of 2015. The positive trend is due to important projects won in fixed retail scanners and hand-held readers in the Retail sector mainly in Europe.
The Industrial Automation Division specialized in the design and production of automatic identification systems, safety, detection and marking solutions for the Industrial Automation market, registered revenues of 40 million Euro, showing a growth of 13.9% compared to the fourth quarter of 2015 (+13.5% at constant exchange rates). The division benefits from sustained T&L growth in North America and Europe, and growth in Manufacturing.
The newco Solution Net System Inc., resulting from the spin-off of the Systems Business Unit, registered revenues of 6.4 million Euro in the fourth quarter of 2016 down by 17.1% compared to the fourth quarter of 2015 (-17.8% at constant exchange rate), while Informatics showed a growth in revenues of 9.1% to 5.8 million Euro (+7.4% at constant exchange rates).
Preliminary sales revenues for FY2016 reflect the gradual improvement achieved in the fourth quarter, and came in at 576 million Euro, with a growth of +7.7% compared to 535.1 million Euro in the first twelve months of 2015 (+7.6% at constant exchange rates). The booking reached 586 million Euro, with a growth of +4% compared to the same period of 2015.
The 2016 Group’s results will be approved during the next meeting of the Board of Directors, which will be held on March 9th, 2017.
The Company also announces the go-live of its project - already disclosed on August 4th, 2016 and October 18th, 2016 - for the customer-oriented focus of all company processes and completion of the related corporate transactions that led to ADC Division (Automatic Data Capture) and IA Division (Industrial Automation) activities merging into a single legal entity in each of the group’s operating regions. This project will allow Datalogic customers in the Retail, Transportation & Logistics, Manufacturing and Healthcare industries to further benefit from the utmost quality in terms of product and effectiveness of the services offered.