Press Releases

Press Releases

Press Releases

Datalogic: Euro 116 million sales revenues in 2002.


Bologna, 7th January 2003 - Datalogic S.p.A., a company listed on the Nuovo Mercato (New Economy) of the Borsa Italiana S.p.A. (Italian Stock Exchange), which designs and manufactures bar code readers, achieved sales revenues of Euro 34.1 million in the fourth quarter of 2002, an increase of 23% compared to the same period of the last trading year (Euro 27.7 million recorded revenues in the fourth quarter of 2001).

The sales revenues recorded in 2002 equal Euro 116 million, a growth of about 6% compared to the Euro 109.5 million recorded in the previous trading period and slightly above budget (+ 1%) for 2002.

Thanks to these sales results, the company estimates that it will reach a consolidated EBITDA (earning before interest, taxes, depreciation, amortization) for the year 2002 which is in line with the company's plans and considerably higher than the results of the previous year.

As for the availability of data regarding the 2002 trading year, the company intends to make use of the option provided for in article IA.2.4.1 sub-section 2, that provides for substitution of the fourth quarter report with the publication of the annual financial statement within 60 days of the close of the year.

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