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News Release from: Datalogic Scanning
Edited by the Manufacturingtalk Editorial
Team on 04 February 2003
Datalogic records 23% increase in sales
revenues
Datalogic, which designs and manufactures bar code readers, achieved sales revenues of EUR 34.1 million in the fourth quarter of 2002,
Datalogic 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 EUR 34.1 million in the fourth quarter of 2002, an increase of 23% compared to the same period of the last trading year (EUR 27.7 million recorded revenues in the fourth quarter of 2001)
This article was originally published on Manufacturingtalk on 19 May 2008 at 8.00am (UK)
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The sales revenues recorded in 2002 equal EUR 116 million, a growth of about 6% compared to the EUR 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, amortisation) 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.
Datalogic is the largest European manufacturer of CCD- and laser-based bar code readers and portable data collection terminals.
The vast range of Datalogic products includes both manual readers and fixed industrial scanners that can satisfy any application need.
With their advanced technology, intelligent design, and solid reliability, Datalogic's products have been setting the industry standard for 30 years.
Datalogic is quoted on the Milan Stock Exchange, and in 2001 produced revenues of around ( 112 million, of which over 80% is made abroad.
It employs around 700 staff world-wide and has its headquarters close to Bologna, Italy.
Through its direct subsidiaries and Partner network, Datalogic is able to serve its customers world-wide guaranteeing the highest level of support. Request free introductory details about products from Datalogic Scanning ...
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