Datalogic S.p.A. · MIL:DAL
Datalogic — H1 2023 Earnings Presentation
11 slides from Datalogic's earnings presentation, Aug 3, 2023
Slide 1: H1 2023 Results Conference Call
H1 2023 Results Conference Call AUGUST 03, 2023 Page 1 Copyright Datalogic 2023 – Confidential Proprietary Information INTERNAL Datalogic Confidential
Slide 2: H1 2023 & Q2 2023 Results
H1 2023 & Q2 2023 Results H1 2023 Results €m Adj. EBITDA REVENUES GOM €33.0 NET RESULT €298.0 €126.4 11.1% €12.1 -5.3% 42.4% (+0.2 pp) 4.1% (+2.8 pp) (+1.3 pp) Q2 2023 Results €m Adj. EBITDA REVENUES GOM €19.5 NET RESULT €148.3 €64.0 13.2% €8.9 -16.1% 43.2% (+0.4 pp) 6.0% (+4.0 pp) (+1.8 pp) Net Deb
Slide 3: 1H 2023 Highlights: improving profitability and cash flows in an uncertain demand environment
1H 2023 Highlights: improving profitability and cash flows in an uncertain demand environment ❑ Revenues decreased by 5.3%, due to a soft demand and ❑ R&D Cash Out at €32.0M, steady at around 10.7% the continuing destocking cycle in distribution, in all on revenues, maintaining solid levels of R&D g
Slide 4: Group Revenues by Geography
Group Revenues by Geography % on Group Revenues €m H1 2023 H1 2022 Var % APAC EMEAI 164.0 170.3 (3.7%) 14.2% Americas 91.6 96.2 (4.7%) APAC 42.3 48.1 (12.0%) Total Datalogic 298.0 314.6 (5.3%) EMEAI 55.0% Americas 30.8% ❑ EMEAI: Group’s first market down by 3.7%. DACH growing +9.4%, Italy down by 3.
Slide 5: Group Revenues by Market Segment
Group Revenues by Market Segment % on DL Business Revenues €m H1 2023 H1 2022 Var % Data Capture 178.9 190.7 (6.2%) Industrial Automation 111.1 116.0 (4.2%) Total DL Business 289.9 306.7 (5.5%) Industrial Automation 38.3% Informatics 8.2 8.5 (3.1%) Data Capture 61.7% Intra division (0.2) (0.6) Total
Slide 6: New Product Launches and Innovation
New Product Launches and Innovation Hand Held Scanners Stationary Industrial Scanners Sensors, Safety & Machine Vision Smart-VS+ smart Matrix 220X Premium vision sensor Gryphon™ 4500 Fixed Series Matrix 320X Premium MX-C50 vision processor ❑ R&D Cash Out*at 10.7%, +0.9 bps vs H1 2022 (9.8%). Commitm
Slide 7: H1 2023 P&L
H1 2023 P&L H1 2022 €m H1 2023 Var % restated* ▪ Gross Margin at 42.4%: +2.8 pp YoY . Improvement in H1 Revenues 298.0 314.6 (5.3%) compared to previous year thanks to positive pricing/mix Gross Margin 126.4 124.6 and productivity offsetting negative volumes % on Revenues 42.4% 39.6% +2.8 pp Operati
Slide 8: EBITDA Adj: actual vs last year
EBITDA Adj: actual vs last year €m 34.3 (3.0) 6.4 0.2 (1.0) 33.0 (23.2) 16.5 2.8 Q2 2022 Volume Price Mix Productivity Structure Others FX Effect Q2 2023 10.9% on Group 11.1% on Group Revenues Revenues Positive Items Negative Items Page 8 Copyright Datalogic 2023 – Confidential Proprietary Informati
Slide 9: Net Debt & Cash Flow Analysis: Dec'22 – Jun'23
Net Debt & Cash Flow Analysis : Dec’22 – Jun’23 €m (13.0) 27.2 (4.6) (1.9) (9.0) (17.0) 3.6 (25.1) 33.0 (5.3) 3.9 (42.0) NFP Dec 22 EBITDA Adj. Ch. TWC Net Taxes Net Financial Others Dividend Treasury M&A Others, not NFP Jun 23 Investment Charges Payment Shares operating Repurchase Positive Items Ne
Slide 10: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager Alessandro D’Aniello October 10, 2023 Tel. +39 051 3147109 Italian Excellences 2023 – Intesa Sanpaolo ir@datalogic.com Via Candini, 2 November 9, 2023 40012 Lippo di Calderara di Reno 9M 2023 Results Bologna – Italy IR Advisor Vincenza Colucci CDR Communica
Slide 11: 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