Slide 1: H1 2017 Conference Call
H1 2017 Conference Call August 4th, 2017
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: Best Ever Figures in 45 Years History
Best Ever Figures in 45 Years History € mln Q2 RESULTS €157.8 €31.1 €17.4 REVENUES EBITDA 19.7% NET +7.7% EBITDA MARGIN INCOME H1 RESULTS €299.3 €51.8 €29.3 REVENUES EBITDA 17.3% NET +6.2% EBITDA MARGIN INCOME Positive Net Debt position at €5.5 3
Slide 4: Q2 2017 Highlights
Q2 2017 Highlights New organization keep driving sound performance across main industries and geographic areas APAC leading the growth at double digit rates, driven by China Resilient growth in EMEA, led by Retail NA double digit growth in T&L and Healthcare Increasing demand for automation,
Slide 5: Focus M&A: Soredi acquisition
Focus M&A: Soredi acquisition • Acquisition of 100% of Soredi Touch Systems GmbH • German company leader in technology for terminals and in particular forklifts terminals • Maximum financial commitment of €10 mln (€8 mln cash and €2 mln Datalogic shares) 5
Slide 6: Financials
Financials Wim wediat alice cco m DATALOGIC THE VISION IS YOURS,
Slide 7: Best quarter in Datalogic history
Best quarter in Datalogic history REVENUES 154.7 157.8 € mln 143.8 146.5 141.5 135.2 133.8 135.4 139.9 124.5 122.3 115.8 116.0 108.2 Q1 -14 Q2 -14 Q3 -14 Q4 -14 Q1 -15 Q2 -15 Q3 -15 Q4 -15 Q1 -16 Q2 -16 Q3 -16 Q4 -16 Q1 -17 Q2 -17 € mln EBITDA EBITDA m ar gin % 31.1 26.1 23.7 20.7 21.7 20.8 18.7 17.
Slide 8: Sound profitability growth
Sound profitability growth Q2 2017 Q2 2016 Var% € mln Revenues up 7.7% to € 157.8 mln (+6.4% at Revenues 157.8 146.5 7.7% constant exchange rate) Gross Operating Margin 76.1 68.9 10.5% %on Revenues 48.2% 47.0% Booking confirmed at double digit: +10.2% Operating expenses (48.7) (47.8) 1.8% Prod
Slide 9: Improvements across the whole P&L
Improvements across the whole P&L H12017 H12016 Var% € mln Revenues up 6.2% to €299.3 mln (+4.8% at constant Revenues 299.3 281.8 6.2% exchange rate) Gross Operating Margin 142.3 130.9 8.6% %on Revenues 47.5% 46.5% GOM steady improving trend QoQ, at 47.5% Operating expenses (98.3) (94.9) 3.6% %o
Slide 10: Group Revenues by country
Group Revenues by country REVENUES BY GEOGRAPHIC AREA Revenues up 6.2% to € 299.3 mln (+4.8% at a constant H1 2017 H1 2016 Var% exchange rate) € mln EMEA 158.7 148.2 7.1% Strong growth in APAC driven North America 90.4 87.2 3.7% by China (+28%) in Latin America 12.0 13.5 (11.4%) Manufacturing an
Slide 11: Group Revenues & EBITDA by division
Group Revenues & EBITDA by division REVENUES BY DIVISION In for m atics Solution Net H12017 H12016 Var% 4% € mln System s 3% Datalogic 279.2 260.2 7.3% Solution Net 10.6 10.0 6.3% Systems Informatics 11.2 12.8 (11.9%) Adjustments (1.7) (1.0) n.m. Total Revenues 299.3 281.8 6.2% Datalog ic 93% Data
Slide 12: Focus on Datalogic Division
Focus on Datalogic Division DL Revenues Breakdown by Industry DL Revenues Breakdown by Geo Area CH ANNEL APAC (U nallocated)* 14% 9% HC 6% Lat in America 4% T&L 10% RTL EM EA 49% 57% Nort h America 25% M FG 26% Retail Manufacturing T&L Healthcare • €137.4 mln (-0.4%) • €74.0 mln (+10.7%) • €27.8 mln
Slide 13: EBITDA: actual vs last year
EBITDA: actual vs last year € mln Of which Material Saving 2.9 17.3 % on 16.0 % on Receiving & Packing 1.2 Group Group Ind Fix OH -1.0 Revenues Revenues 2.5 1.9 1.7 51.8 6.8 (0.7) 45.0 5.1 (5.4) (5.1) -1.8% on 2017 DL business revenues H1 2 016 Pri ce Volum e Mix Servi ce COGS FX Str uct ure SNS/ IN
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Dec 2016 Jun 2017 Dec 2016 Jun 2017 Net Financial Total Fixed Assets 371.7 354.0 (3.5) (5.5) Position Trade receivables 75.5 87.1 % on 12m rolling sales 13.1% 14.7% Inventories 82.3 88.5 % on 12m rolling sales 14.3% 14.9% Trade payables (104.6) (105.4) Net Equity 336.4 330
Slide 15: Net Debt Analysis: December’16 – June’17
Net Debt Analysis: December’16 – June’17 € mln 51.8 Acc. Receivable (11.6) Inventory (6.1) Acc. Payable 0.8 (16.9) (5.1) (3.5) 2.0% on (4.0) Revenues 5.5 3.5 (17.4) (2.9) Net Debt EBITDA Ch TWC Capex Tax es Net Fin ancial Dividen d Ot h er Net Debt Dec 1 6 Ch arg es Paymemt Jun 17 Of which: Electron
Slide 16: New products
New products SDATALOGIC
Slide 17: Q2 2017 New Products
Q2 2017 New Products MATRIX 120 Wide Angle and Polarized Models Matrix 120™ is the smallest ultra-compact industrial 2D imager that fits into any integration space. This is the newest entry level member of the best-in-class Matrix family of high performance industrial 2D imagers. The Matrix 120 imag
Slide 18: Outlook
Outlook SDATALOGIC
Slide 19: 2017 Outlook
2017 Outlook Keep on growing in revenues at rates substantially in line with H1 Strong focus on gross operating margin to maintain a sound profitability Increasing R&D & Distribution operating expenses in H2 to boost further growth & maintain leadership in the market Cash Generation through
Slide 20: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager November 13th, 2017 Vincenza Colucci 9M results CDR Communication Srl Tel. +39 335 6909547 September 6th , 2017 vincenza.colucci@cdr-communication.it Italian Industrial Day Milan Italian Stock Exchange IR Assistant Daniela Giglioli October 10th, 2017 Tel. +