Datalogic S.p.a. · MIL:DAL
Datalogic — Italian Investment Conference 2021
32 slides from Datalogic's conference presentation, May 18, 2021
Slide 1: Italian Investment Conference 2021
Italian Investment Conference 2021 18-19 MAY 2021
Slide 2: Disclaimer
Disclaimer This document has been prepared by Datalogic S.p.A. (the "Company") for use during meetings with investors and financial analysts and is solely for information purposes. The information set out herein has not been verified by an independent audit company. Neither the Company nor any of it
Slide 3: Corporate Overview
Corporate Overview 3
Slide 4: Datalogic at a glance
Datalogic at a glance Global technology leader in the automatic data capture and industrial automation markets, in the Retail, Manufacturing, Transportation & Logistics, and Healthcare industries Founded in 1972, listed on the Italian Stock Exchange since 2001 A portfolio of about 1,200+ patents and
Slide 5: Core Advantages
Core Advantages ▪ Worldwide leader in the ADC and IA markets STRONG POSITIONING IN THE 1 ▪ Balanced presence across markets / segments INDUSTRY ▪ External growth through M&A activities mainly in the IA market ▪ Leadership in FRS and SIS 2 INNOVATION ▪ Focus on technology innovation thru R&D Investme
Slide 6: Nearly 50 years of Technological Innovation
Nearly 50 years of Technological Innovation EXPANSION ▪ Minec AB NEW STRATEGY ▪ Laservall SpA ▪ Set up new One ▪ Informatics Inc. Datalogic ▪ PSC Inc EXPANSION ▪ New organization ▪ Datasensor SpA 2012 by verticals M&A 1972 ▪ Escort Memory 2001 ▪ Evolution Robotic 2020 STRATEGY Systems Inc. Retail In
Slide 7: A Wide Geographical Footprint
A Wide Geographical Footprint 9 Manufacturing & Repair sites 7 R&D Centers, 3 DL Labs Direct presence in 27 countries Percent on Q1 2021 Revenues EMEAI Americas 60.1% 26.6% APAC 13.3% Data refer to Q1 2021 7
Slide 8: Stock and Governance
Stock and Governance Market Segment: STAR MTA Ticker: DAL Reuters Code: DAL.MI Price (May 14, 2021): 19.20 Euro Bloomberg Code: DAL IM Market Cap (May 14, 2021): 1,122 mln Euro Outstanding Shares: 58,446,491 Auditing Company: Deloitte Share Par-Value: 0.52 Euro each DATALOGIC SHARE PERFORMANCE vs. I
Slide 9: Sustainability Policy
Sustainability Policy Datalogic Group, in line with Sustainability Goals of the United Nations 2030 Agenda, focuses on: data protection and innovation, attention to employees, human rights, training and education, Innovation environmental impact management and customer satisfaction. An action plan f
Slide 10: Strategy
Strategy 10
Slide 11: Serviceable Available Market
Serviceable Available Market SAM: ~ 13.5 bln USD Healthcare 4% Healthcare T&L 13% T&L Retail Manufacturing Retail Manufacturing 23% 60% 2020 Leadership position in SIS and FRS Source market data: VDC 2020,ARC 2020,HEXA 2018,RAIN 2020 11
Slide 12: A wide range of products that fulfill our customers' needs
A wide range of products that is able to fulfill our customers’ needs for both data collection and process automation Most complete offer of barcode readers: from retail to Complementary/Open doors products in industrial scanners, from hand held to mobile the MFG Industry Undisputed leadership on ba
Slide 13: Our products are key enablers of critical applications
Our products are key enablers of critical applications along our customers’ supply chain Self-Shopping Mark & Read Dimensioning & Weighing Systems Complete Traceability Mark & Trace 13
Slide 14: Our market by industry
Our market by industry ▪ E-commerce, dark stores ▪ Automotive and tire ▪ New physical stores / omni-channel 1 2 ▪ Hybrid/electric cars ▪ Contactless requirements in stores MANUFACTURING is ▪ Agility and lean production pushing Strong position in ▪ Vision and robotic solutions (AI) a huge market that
Slide 15: Retail
Retail Food and Self Check-out are the main drivers Datalogic Proposition ▪ We meet the needs of retailers globally, from the distribution centers, through check-out, to the customer’s home ▪ Market Leader along the Retail supply chain from 1974 with the first scanner ever sold to a grocery store in
Slide 16: Manufacturing
Manufacturing All the thrust of industry 4.0 Datalogic Proposition ▪ Leader in traceability thanks to the most complete and performing offer of stationary industrial scanners ▪ Unique portfolio provider of smart, interconnected devices able to protect, identify, sense, check and mark ▪ Datalogic is
Slide 17: Transportation & Logistics
Transportation & Logistics E-commerce is the market driver Datalogic Proposition ▪ We ensure Data Collection to Courier-Express-Parcels, Airports and Logistics ▪ Datalogic is at the forefront of the development of airport systems, since 1984 with the first automatic reading station in Milan, to the
Slide 18: Healthcare
Healthcare Health protection as a top priority Datalogic Proposition ▪ We empower the entire Healthcare ecosystem from drug production to patient care ▪ Datalogic is the sole company providing unique product features for the HC industry such as: Anti-microbial enclosures, Inductive charging technolo
Slide 19: 2020 and Q1 New Product Launches and Innovation
2020 and Q1New Product Launches and Innovation Mobile Computer Fix Retail Scanners Hand Held Scanners Industrial Automation T&L Manufacturing Sensors Smart Vision Sensor SKORPIO X5 DSM004XX HANDSCANNER™ Scan Module PowerScan AV900 Industrial MEMORr K Reader JOYA™ 95X1-AR Matrix 120 AGV TOUCH A6 WITH
Slide 20: Key Growth and Strategic Drivers
Key Growth and Strategic Drivers ▪ Keep focus on all of our verticals ▪ MFG ($8 bln): expand into new sectors Industry ▪ RTL ($ 3 bln): check out evolution, cross sell mobile, watch distribution centers carefully ▪ T&L ($2 bln): cross sell – complete offer SIS, Mobile, HHS ▪ Protect our leadership i
Slide 21: M.D. Acquisition
M.D. Acquisition 21
Slide 22: MD Group
MD Group DL Industrial Automation Market MD Products • Large market $7.7bn • Industry 4.0 driving solid growth prospect Inductive Sensors Photoelectric Sensors Ultrasonic Sensors Safety Area Sensors MD Acquisition MD Geographic Revenue Breakdown APAC 9.9% • Group Headquartered in Italy • € 25M Reven
Slide 23: Financials & Outlook
Financials & Outlook 23
Slide 24: Q1 2021 Highlights: Strong Start to 2020
Q1 2021 Highlights: Strong Start to 2020 ❑ Strong Top line growth at 17.4% at constant FX, ❑ R&D spending* at 10.6% after the conclusion of large despite material shortage. MD MicroDetectors Mobile programs and increased selectivity contributing for +2.5%. Double digit organic growth in all regions
Slide 25: Group Revenues by Geography
Group Revenues by Geography Q1 2020 Var % % on Group Revenues €m Q1 2021 Var % Restated* Net FX APAC 13.3% EMEAI 81.4 71.3 14.2% 15.1% Americas 36.0 34.8 3.5% 12.9% APAC 18.0 13.1 37.1% 41.9% Total Datalogic 135.4 119.2 13.6% 17.4% EMEAI 60.1% Americas 26.6% ❑ EMEAI: Double digit growth +15.1% Net F
Slide 26: Group Revenues by Segment
Group Revenues by Segment Q1 2020 Var % % on DL Business Revenues €m Q1 2021 Var % Restated* Net FX Retail 49.6 50.6 (1.8%) 2.1% Channel Manufacturing 33.2 26.8 23.9% 26.7% 21.6% Transportation & Logistics 15.5 9.4 65.5% 71.2% Retail Healthcare 4.6 3.5 28.8% 35.2% Healthcare 37.9% Channel 28.3 25.0
Slide 27: Q1 2021 P&L
Q1 2021 P&L ▪ Gross Margin at 46.9% impacted by increased input Q1 2020 costs and unfavorable business mix. €m Q1 2021 Var % Restated* ▪ Operating expenses at €48.5m down 13.2% thanks to Revenues 135.4 119.2 13.6% a leaner cost base from efficiency program started in Gross Margin 63.5 57.1 2020: % o
Slide 28: EBITDA Adj: actual vs last year
EBITDA Adj: actual vs last year * €m 1.7 21.6 13.1 0.4 6.1 1.2 (5.1) 7.2 (2.9) Q1 2020 Volume Price Mix Productivity Structure INFX FX/other Q1 2021 6.1% on Group 16.0% on Group Revenues Revenues Positive Items Negative Items * .March 31, 2020 economic data were restated following the sale of the co
Slide 29: Net Debt & Cash Flow Analysis: Dec'20 – Mar'21
Net Debt & Cash Flow Analysis : Dec’20 – Mar’21 €m 21.6 8.2 (16.5) 2.0 (7.4) (2.9) (1.0) (35.0) (30.9) NFP EBITDA Adj. Ch TWC Capex* Taxes Net Financial Other MD NFP Dec 20 Charges Acquisition Mar 21 Positive Items Negative Items * Including IFRS 16 impact 29
Slide 30: 2021 Outlook
2021 Outlook ▪ Double digit Order growth coupled with sound Backlog compared to the same period of 2020, allow to forecast very positive performance for Q2, where the Group expects to achieve exceptional Q2 Revenue (>40%) compared to the previous year period, maintaining profitability at pre-Covid l
Slide 31: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager Laura Bernardelli August 5, 2021 Tel. +39 051 3147109 H1 2021 Results ir@datalogic.com Via Candini, 2 40012 Lippo di Calderara di Reno Bologna – Italy IR Advisor Vincenza Colucci CDR Communication Srl Tel. +39 335 6909547 vincenza.colucci@cdr-communication.
Slide 32: Forward-looking statements notice
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