Slide 1: Q1 2018 Conference Call
Q1 2018 Conference Call May 9, 2018
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: Improved results despite forex effect
Improved results despite forex effect Q1 RESULTS €m REVENUES 15.4% €142.9 EBITDA €11.2 +1.0% €22.0 MARGIN (+7.8% at constant FX) EBITDA (+0.7 p.p.) NET (+5.7%) INCOME Net Cash position at €32.3 3
Slide 4: Q1 2018 Highlights
Q1 2018 Highlights GROUP Revenues growth negatively impacted by forex vs Q1 2017 Positive results on profitability in line with expectations Main industries growing double digits net of forex, whilst Channel negatively affected by seasonality in the first part of the year Retail on track to
Slide 5: Retail
Retail Connecting People, Processes and Technology DATALOGIC PROPOSITION We satisfy globally the Retailers business needs, from Distribution Center to Check Out and Shoppers’ Home. Datalogic was the first company to introduce the full imaging bi-optic POS scanner and to conceive a fully automate
Slide 6: Manufacturing
Manufacturing The factory of the future DATALOGIC PROPOSITION Unique portfolio provider of smart, interconnected devices able to protect, identify, sense, check and mark. Datalogic is providing multi-product portfolio to serve all the major manufacturing clients: Automotive, Food and Beverage, A
Slide 7: Transportation & Logistics
Transportation & Logistics Visibility and interaction with the customer DATALOGIC PROPOSITION We ensure efficient & effective Data Collection to Courier-Express-Parcels, Airports, warehouse operators and sorting processes. The first generations of self-driving vehicles (autonomous shuttles and f
Slide 8: Healthcare
Healthcare Meet regulations and Higher Patient Safety 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 to enhance protect
Slide 9: 2018 First Quarter Product Launches
2018 First Quarter Product Launches STATIONARY LASER SCANNER • Flexible AUTOMOTIVE, • Powerful FOOD & BEVERAGE, • Compact PHARMACEUTICAL • Smart AND OTHER MANUFACTURING PLANTS. • Cost effective 2D DECODER SCAN RETAIL ENGINE T&L • Ultra compact HEALTHCARE • High Perfromances ENTERTAINMENT, HOSPITALIT
Slide 10: Financials
Financials Wim wediat alice cco m DATALOGIC THE VISION IS YOURS,
Slide 11: Quarterly trend
Quarterly trend REVENUES €m 154.7 157.8 151.4 155.3 143.8 146.5 139.9 141.5 142.9 135.2 133.8 135.4 122.3 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 EBITDA EBITDA m argin % 31.1 €m 26.1 26.1 25.4 23.7 21.7 20.8 22.0 20.7 19.7% 18.6 18.8 18.8 15.7 17.8% 17.2% 16.4%
Slide 12: Revenues and profitability improvements
Revenues and profitability improvements Q1 2018 Q1 2017 Var% Revenues up 1.0% to €142.9 €m m (+7.8% at constant exchange rate) Revenues 142.9 141.5 1.0% GOM confirming steady Gross Operating Margin 69.8 66.2 5.5% improving trend at 48.8% (around +200 bps vs Q1 %on Revenues 48.8% 46.8% 2017) Oper
Slide 13: Group Revenues by country
Group Revenues by country REVENUES BY GEOGRAPHIC AREA Sound growth net of forex Var% €m Q1 2018 Q1 2017 Var% Ex forex Continuous growth in EMEA 81.8 78.6 4.0% 5.4% APAC driven by China North America 39.6 43.6 (9.1%) 5.2% (+26% net of forex), in Latin America 2.9 2.6 10.9% 27.7% Manufacturing mai
Slide 14: Group Revenues & EBITDA by division
Group Revenues & EBITDA by division REVENUES BY DIVISION INF €m 1Q2018 1Q2017 Var% SNS 3% 4% Datalogic Business 132.6 131.5 0.8% Solution Net Systems 6.1 5.0 22.7% Informatics 4.8 6.0 (20.0%) Adjustments (0.5) (0.9) (47.1%) Total Revenues 142.9 141.5 1.0% Dat alogic 93% Datalogic driven at constan
Slide 15: EBITDA: actual vs last year
EBITDA: actual vs last year €m 15.4 % on 14.7 % on Group Group Revenues Revenues 2.1 0.3 0.4 3.1 1.4 22.0 20.8 4.9 (6.5) (4.5) -3.3% on DL Business 2018 revenues* Q1 20 17 Pri ce Volu me Mix Ser vi ce COGS FX St ructu re SNS/ INF Q1 20 18 Positive Items Negative Items * Excluding GCO and Service 15
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet €m Dec 2017 Mar 2018 Dec 2017 Mar 2018 347.9 339.7 Net Financial Total Fixed Assets (30.1) (32.3) Position Trade receivables 83.2 73.9 % on 12m rolling sales 13.7% 12.2% Inventories 85.9 90.2 % on 12m rolling sales 14.2% 14.9% Trade payables (107.7) (91.3) Net Equity 353.0
Slide 17: Net Debt Analysis: Dec’17 – Mar’18
Net Debt Analysis: Dec’17 – Mar’18 Acc. Receivable 9.3 €m Inventory (4.3) Acc. Payable (16.4) 22.0 30.1 (11.3) (2 .7 ) (3.2) (1.8) (0.7) 32.3 -1.9% on Revenues Net Debt EBITDA Ch TWC Capex Taxes Net Oth er Net Debt Dec 17 Finan cial Mar 18 Charges Of which: Machinery, equipment and moulds (1.0) Nega
Slide 18: 2018 Outlook
2018 Outlook Grow in revenues at mid to high single digit rates Maintain a sound profitability through strong focus on gross operating margin improvements Further increase R&D investments & Distribution costs to improve our coverage and boost leadership in key areas (North America, APAC, Manuf
Slide 19: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager May 23rd ,2018 Vincenza Colucci Shareholders’ meeting CDR Communication Srl Tel. +39 335 6909547 August 9th, 2018 vincenza.colucci@cdr-communication.it 6M results IR Assistant November 13th, 2018 Daniela Giglioli 9M results Tel. +39 051 3147109 Fax +39 051