Slide 1: 2012 9 Months Conference Call
title2012 9 Months title Call Conference 12th November 2012 date © Copyright Datalogic 2007-2012
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: Group Overview, 9 Months Results, Outlook
GROUP OVERVIEW 9 MONTHS RESULTS OUTLOOK © Copyright Datalogic 2007-2012 3
Slide 4: Datalogic at a Glance
Datalogic at a Glance Global leader in Automatic Identification with a specific focus on Automatic Data Capture and Industrial Automation markets World-class total solutions provider in manufacturing, retail, healthcare and transportation & logistics industries and producer of bar code readers,
Slide 5: A Wide Geographical Footprint
A Wide Geographical Footprint EUROPE 34% NORTH AMERICA 39% ITALY 9% APAC 10% ROW 8% Direct presence in 30 countries worldwide 7 Manufacturing Sites 10 R&D Centers Note: Breakdown by area based on 2011 revenues (Datalogic + Accu-Sort Systems) © Copyright Datalogic 2007-2012 5
Slide 6: 9 Months Results
GROUP OVERVIEW 9 MONTHS RESULTS OUTLOOK © Copyright Datalogic 2007-2012 6
Slide 7: Highlights Q3 2012
Highlights Q3 2012 Full integration of Accu-Sort Systems and PPT Vision (total Q3 revenues 8.3 M Euro) from 1st July 2012 Slowdown of Revenues mainly due to slow market demand and delay of large Accu-Sort projects Good Q3 performance of Mobile and HHS business units Increased focus on Resear
Slide 8: 9 Months 2012 Consolidated P&L
9 Months 2012 Consolidated P&L Last Year Actual 000€ % % Var % 9M 2011 9M2012 Revenues 317,311 100.0% 347,536 100.0% 9.5% COGS (168,583) -53.1% (185,099) -53.3% Gross Operating Margin 148,728 46.9% 162,437 46.7% 9.2% Other revenues 1,869 0.6% 6,299 1.8% R&D (19,424) -6.1% (23,824) -6.9% Distribution
Slide 9: Revenues Growth
Revenues Growth REVENUES BY DIVISION REVENUES BY AREA €000 9M2011 9M2012 Var % €000 9M2011* 9M2012 Var % Automatic Data Capture 220,599 222,165 0.7% Italy 34,286 28,908 (15.7%) Industrial Automation 72,737 99,012 36.1% Europe 133,934 139,209 3.9% Informatics 24,259 26,738 10.2% North America 92,022
Slide 10: 9M 2012 Segment Reporting: Revenues and EBITDA
9M 2012 Segment Reporting: Revenues and EBITDA REVENUES EBITDA (€mln) (€mln) 52,7 347,5 48,6 317,3 36,2 33,9 220,6 222,2 99,0 72,7 11,1 8,2 5,1 24,3 26,7 3,2 3,3 2.1 11,3 15,6 ADC IA Informatics DL SpA Total Group ADC IA Informatics DL SpA Total Group 9M 2011 9M 2012 9M2011 9M2012 Revenues Growth 9M
Slide 11: 9M 2012 Segment Reporting: R&D and TWC
9M 2012 Segment Reporting: R&D and TWC R&D COSTS TWC (€mln) (€mln) 23,8 93,6 19,4 17,3 69,0 13,9 48,2 44,5 9,8 23,9 4,7 19,1 18,4 3,7 4,3 0,4 0,6 0,4 0,9 1,9 ADC IA Informatics DL SpA Total Group ADC IA Informatics DL SpA Total Group 9M2011 9M2012 9M 2011 9M 2012 R&D/Revenues 9M 2011 9M 2012 TWC/Ann
Slide 12: EBITANR - Actual vs Last Year
EBITANR * - Actual vs Last Year Vol. sales/Mix - 9,016 Service sales - 175 5,765 45,446 (€000) 40,578 (3,847) 7,015 (1,028) (9,191) 7,496 (1,342) Other revenues + 4.430 Other variable costs - 449 Direct Cogs + 5,704 Exch rate on sales + 14,052 Accu Sort & PPT - 2,223 Exch rate on DCOGS - 9,279 Other
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet €000 At 31/12/2011 At 30/09/2012 Intangible fixed assets 42,228 60,952 Goodwill 112,152 181,693 Tangible fixed assets 49,991 50,815 Non Consolidated investments 7,951 12,857 Other fixed assets 31,935 41,310 Total Fixed Assets 244,257 347,627 Net trade account receivables 7
Slide 14: Net Debt Analysis: Sept. 2012 vs Dec. 2011
Net Debt Analysis: Sept. 2012 vs Dec. 2011 (€000) Translation effect - 448 VAT - 1,926 Net Income + 28,585 Tax payment - 6,907 Deprec&Amort + 11,470 Other - 3,539 Provision for bad debt + 353 Personnel & admin costs accrual + 3,643 12,820 167,716 Tax Accrual + 3,526 6,904 Minor assets sale - 5,400 1
Slide 15: Outlook
GROUP OVERVIEW 9 MONTHS RESULTS OUTLOOK © Copyright Datalogic 2007-2012 15
Slide 16: Guidelines for 2012
Guidelines for 2012 Reference markets growth below expectations: Competitors’ Q3 revenues growth range from -13% to 0% Datalogic target: to grow more than major competitor The new integrated Supply Chain is contributing to reducing the cost of sold goods Recovery of efficiency and reductio
Slide 17: 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, man