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Datalogic

Earnings Release Aug 2, 2024

4452_ct_2024-08-02_a706f1cb-e15c-43e7-8283-7a6b660c2e6e.pdf

Earnings Release

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1H 2024 Results Conference Call

AUGUST 2ND,2024

INTERNAL Datalogic Confidential

H1 2024 & Q2 2024 Results

Q2 2024 Results, €m

H1 2024 Results, €m

Net Debt at €11.8M

Group Revenues by Geography and Market Segment

EMEAI AMERICAS APAC Total Datalogic
€m H1 2024 H1 2023
restated*
Var % H1 2024 H1 2023
restated*
Var % H1 2024 H1 2023
restated*
Var % H1 2024 H1 2023
restated*
Var %
Data Capture 82.8 101.1 (18.0%) 59.5 57.3 3.9% 17.2 19.5 (12.1%) 159.5 177.9 (10.3%)
Industrial Automation 56.9 62.5 (9.0%) 16.9 25.8 (34.3%) 11.3 22.8 (50.4%) 85.1 111.0 (23.4%)
Total Datalogic 139.7 163.5 (14.6%) 76.5 83.1 (8.0%) 28.5 42.3 (32.7%) 244.6 288.9 (15.3%)

% on Datalogic Revenues % on Datalogic Revenues

New Products Launches and Innovation

R&D cash out at 13.2%, +2.5 bps vs H1 2023 (10.6%). Investments in R&D continue in line with our plan to launch new products. Launched in Q2 2024 the first models of the new generation of Datalogic PDA mobile computers, the industrial fixed readers equipped with machine learning and AI, and new models of imaging presentation scanner offering

€ m H1 2024 H1 2023
restated*
Var %
Revenues 244.6 288.9 (15.3%)
Gross Margin 99.5 119.6
% on Revenues 40.7% 41.4% -0.7 pp
Operating expenses (99.4) (104.1)
% on Revenues (40.6%) (36.0%) -4.6 pp
Adjusted
EBITDA
15.5 31.5
% Adj. Ebitda margin 6.3% 10.9% -4.6 pp
Adjusted
EBIT
0.1 15.5
% Adj. Ebit margin 0.0% 5.4% -5.3 pp
EBIT (4.0) 11.2
% Ebit margin (1.6%) 3.9% -5.5 pp
Net Result
from operations
10.5 11.0
% on Revenues 4.3% 3.8% +0.5 pp
Results
from discontinued
operations
(1.2) 1.1
  • Gross Margin at 40.7% (-0.7 pp YoY) affected by volumes contraction and negative price/mix, partially offset by positive productivity
  • Operating expenses at €99.4m, down versus last year whilst preserving substantial investments in R&D and being disciplined with the cost base
  • Adj. EBITDA margin at 6.3% (-4.6 pp YoY), due to highly negative volume impact on operating expenses
  • Net Result from continuous operations at €10.5m thanks to the proceeds from the sale of 100% stake in Informatics Holdings, Inc.

EBITDA Adj: actual vs last year

€ m

Contacts

IR CONTACTS

IR Manager

Alessandro D'Aniello Tel. +39 051 3147109 [email protected] Via Candini, 2 40012 Lippo di Calderara di Reno Bologna – Italy

IR Advisor

Vincenza Colucci CDR Communication Srl Tel. +39 335 6909547 [email protected]

IR Assistant

Daniela Giglioli Tel. +39 051 3147109 Fax +39 051 3147205 [email protected]

NEXT EVENTS

October 09, 2024 Italian Excellences 2024 – Intesa Sanpaolo

November 07, 2024 9M 2024 Results

DATALOGIC ON LINE

www.datalogic.com

THANK YOU

This presentation contains statements that are neither reported financial results nor other historical information. These statements are forward-looking statements. These forward-looking statements rely on a number of assumptions and are subject to a number of risks and uncertainties, many of which are outside the control of Datalogic S.p.A., that could cause actual results to differ materially from those expressed in or implied by such statements, such as future market conditions, currency fluctuations, the behavior of other market participants and the actions of governmental and state regulators

© 2024 Datalogic S.p.A. and/or its affiliates - All rights reserved. • Without limiting the rights under copyright, no part of this documentation may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means, or for any purpose, without the express written permission of Datalogic S.p.A. and/or its affiliates • Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S. and the E.U. • All other trademarks and brands are property of their respective owners.

INTERNAL Datalogic Confidential

Datalogic S.p.A.

Via Candini, 2 - 40012 Lippo di Calderara di Reno - Bologna (Italy) Tel. +39 051 3147011 | Fax +39 051 3147205 [email protected] www.datalogic.com

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