Bologna, 9th January 2004
- Consolidated revenues grew from € 116.1 million in 2002 to € 130.2 million last year, an increase of 12.1%.
That is the preliminary FY03 sales figure for Datalogic S.p.A., a designer, manufacturer and distributor of bar code readers listed on Italy's Nuovo Mercato.
The breakdown of sales by geographic areas shows especially strong growth in Germany (+25% on the previous year), Spain (+42%) and Sweden (+56%).
The 2002 figures did not include sales by the Swedish subsidiary Minec, however, which was consolidated for the first time in 2003 with a contribution of € 2.6 million.
Datalogic also did well in the United States and Italy, where it continues to gain market shares.
Comments CEO Roberto Tunioli, "Our results for the year are even more impressive given that a large part of our sales is invoiced in US dollars, whose average exchange rate against the euro fell by 16% in 2003."