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News Release from: Datalogic Scanning
Edited by the Manufacturingtalk Editorial
Team on 21 April 2006
Datalogic sales revenues rose by 159%
Consolidated sales revenues of Datalogic Group reached EUR 95 million in the first quarter of 2006, up by 159% from EUR 36.6 million for the same period in the previous year.
Consolidated sales revenues of Datalogic Group reached EUR 95 million in the first quarter of 2006 (1Q06), up by 159% from EUR 36.6 million for the same period in the previous year (1Q05) The Group's consolidation area has changed since 2005
This article was originally published on Manufacturingtalk on 19 May 2008 at 8.00am (UK)
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2006 revenues in fact include sales of the US corporation PSC, acquired at the end of last year and consolidated from December 2005.
In addition Informatics, the other acquisition, completed in March 2005, was consolidated as of the 2nd quarter of 2005.
Even without PSC, whose revenues as of 31 March 2006 amounted to over EUR 44 million, Datalogic's revenues would have grown by 39% to EUR 51 million.
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Based on comparable consolidation, Datalogic's sales in 1Q06 totalled EUR 42.6 milion, with a growth of 16% year on year driven by the good performance both of the Data Capture Division (1Q06 sales, net of PSC, of EUR 32.4 million, with growth of 9% compared with 1Q05) and of the Business Development Division (EUR 10.2 million as of 31 March 2006, with growth of 40% over 31 March 2005).
These are the preliminary revenue figures for the quarter that has just ended for Datalogic, a company listed in the TechStar segment of the Milan Bourse and active in the design, manufacture and distribution of bar code readers and RFID systems.
The meeting of the board of directors for approval of 1Q06 figures has been scheduled for 15 May 2006.
"We are particularly pleased with these results," commented Roberto Tunioli, Datalogic's CEO, "Because against the background of the major process of integration with PSC, which will continue for quite some time, sales-wise the Datalogic Group is receiving confirmation from its traditional markets, especially for the Data Capture Division." * About Datalogic - Datalogic is the largest European manufacturer of CCD and laser-based bar code readers and mobile computers.
The vast range of Datalogic products includes both manual readers and fixed industrial scanners that can satisfy any application need, particularly in the manufacturing, transportation and logistics, and distribution and retail industries.
With their advanced technology, intelligent design, and solid reliability, Datalogic products have been setting the industry standard for over 30 years.
Datalogic is present in the promising RFID market via its subsidiary EMS (Scotts Valley, California, USA) with a leading position in the automotive sector, electronic manufacturers and warehouse management systems (WMS).
In addition, with the recent acquisition of Laservall, the Group has entered the laser marking sector, that features extensive applications and outstanding growth prospects.
Datalogic is quoted on the Milan Stock Exchange, and in 2005 produced revenues of Euro 205.9 million, of which over 80% is made abroad.
It employs over 1800 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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