Datalogic S.p.A. · MIL:DAL
Datalogic — Q1 2024 Earnings Presentation
9 slides from Datalogic's earnings presentation, May 15, 2024
Slide 1: Q1 2024 Results Conference Call
Q1 2024 Results Conference Call MAY 15TH,2024 INTERNAL Datalogic Confidential
Slide 2: Q1 2024 Highlights: positive progression in DC booking trends whilst quarter revenues still down
Q1 2024 Highlights: positive progression in DC booking trends whilst quarter revenues still down as expected Revenues (€ mln) GOM (€ mln) Adj. EBITDA (€ mln) Net Result (€ mln) Net Debt (€ mln) -23.5% 40.9% margin 38.4% 8.9% margin 1.9% 2.2% margin 5.4% 145.5 59.4 12.9 6.0 35.3 111.3 42.8 3.2 22.7 2
Slide 3: Group Revenues by Geography and Market Segment
Group Revenues by Geography and Market Segment EMEAI AMERICAS APAC Total Datalogic €m Q1 2023 Q1 2023 Q1 2023 Q1 2023 Q1 2024 Var % Q1 2024 Var % Q1 2024 Var % Q1 2024 Var % restated* restated* restated* restated* Data Capture 38.5 55.3 (30.3%) 22.8 26.4 (13.6%) 6.5 9.3 (29.8%) 67.8 90.9 (25.4%) Ind
Slide 4: New Products Launches and Innovation
New Products Launches and Innovation Mobile Sensor & Safety & Machine Vision MX-G 2000 Vision UFT Series S3N-W Processor MEMOR 11 CODISCAN HEALTHCARE SH4 Active/Passive models LIDAR LGS-N25 R&D cash out at 13.6%, +3.0 bps vs Q1 2023 (10.6%). Investments in R&D continue in line with our plan to launc
Slide 5: Q1 2024 P&L
Q1 2024 P&L Q1 2023 • Gross Margin at 38.4% (-2.4 pp YoY) affected by €m Q1 2024 Var % restated* volumes reduction and lower cost absorption, partially Revenues 111.3 145.5 (23.5%) offset by positive productivity Gross Margin 42.8 59.4 • Operating expenses at €48.2m, preserving substantial % on Reve
Slide 6: EBITDA Adj: actual vs last year
EBITDA Adj: actual vs last year €m Positive Items Negative Items 12.9 (13.3) 2.1 0.2 5.4 (3.3) (1.0) 1.2 Q1 2023 Volume Price Mix Productivity Structure FX Effect Q1 2024 8.9% on Group 1.9% on Group Revenues Revenues 6
Slide 7: Net Debt & Cash Flow Analysis: Dec'23 – Mar'24
Net Debt & Cash Flow Analysis : Dec’23 – Mar’24 €m Positive Items Negative Items 0.1 (22.7) 2.1 (35.3) (6.7) 27.3 (4.2) (0.8) (2.9) (2.3) NFP Dec 23 EBITDA Adj. Ch. TWC Net Taxes Net Financial Others M&A Others, not NFP Mar 24 Investment Charges operating 7
Slide 8: Contacts
Contacts IR CONTACTS NEXT EVENTS IR Manager May 21, 2024 Alessandro D’Aniello Italian Investment Conference Tel. +39 051 3147109 ir@datalogic.com August 02, 2024 Via Candini, 2 1H 2024 Results 40012 Lippo di Calderara di Reno Bologna – Italy IR Advisor Vincenza Colucci CDR Communication Srl Tel. +39
Slide 9: Thank You
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