Datalogic S.p.a. · MIL:DAL
Datalogic — Italian Investment Conference 2022
31 slides from Datalogic's conference presentation, May 17, 2022
Slide 1: Italian Investment Conference 2022
Italian Investment Conference 2022 17 MAY 2022
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 Strong positioning • Worldwide leadership in barcode reading for Manufacturing, T&L and Retail applications • Well-established brand with solid global customer base including Fortune 500 Companies • Dedicated focus on Smart Sensors and Safety for Automated Manufacturing Innovation •
Slide 6: 50 years of Growth through Technological Innovation
50 years of Growth through Technological Innovation ONE DATALOGIC ▪ From 2 separate sub M&A EXPANSION holdings to One ▪ Minec AB Datalogic ▪ Laservall SpA ▪ Client focus through M&A ▪ Informatics Inc. organization by EXPANSION M&A ▪ PSC Inc industry ▪ Acquisition EXPANSION ▪ Datasensor SpA 2012 M&A
Slide 7: Acquisition of Pekat Vision
Acquisition of Pekat Vision Pekat is a software start up who has developed and owns proprietary algorithms of Machine Learning and Deep Learning for applications in the fields of supply chain and industrial automation. Company Description Types of licenses offered by Pekat • Based in Brno, Pekat’s c
Slide 8: Strategy
Strategy 8
Slide 9: 28B$ of Total Addressable Market in 2025
28B$ of Total Addressable Market in 2025 B$ Market expansion due to Solutions and vision/deep 2021 TAM learning technologies Hand Held Scanners Mobile Computers Fixed Retail Scanners RFID Safety Sensors Laser Marking Stationary Industrial Scanners 15 3 7 3 28 2025 TAM 5% CAGR on 2021 TAM 9% CAGR on
Slide 10: Our products are key enablers of critical applications along our customers' supply chain
Our products are key enablers of critical applications along our customers’ supply chain Self-Shopping Mark & Read Dimensioning & Weighing Systems Complete Traceability Mark & Trace 10
Slide 11: Retail
Retail Increasingly self check-out and contactless Datalogic Proposition ▪ Market Leader along the Retail supply chain from 1974 with the first scanner ever sold to a grocery store in Troy, Ohio ▪ Excellence in productivity and customer experience for self-checkout and attended lanes for both Grocer
Slide 12: Manufacturing
Manufacturing Process digitization Datalogic Proposition ▪ Multi-product portfolio to serve all the major manufacturing clients: Automotive, Food and Beverage, Automated Machinery and Electronics, Packaging and Intralogistics ▪ Leader in traceability thanks to the most complete and performing offer
Slide 13: Transportation & Logistics
Transportation & Logistics E-commerce is the market driver Datalogic Proposition ▪ We enhance operations to Courier-Express-Parcels, Airports and Logistics ▪ At the forefront of the development of airport systems, since 1984 with the first automatic reading station in Milan, to the recent contracts
Slide 14: Healthcare
Healthcare Digital dominates and sustainability grows 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 t
Slide 15: New Product Launches and Innovation
New Product Launches and Innovation Hand Held Scanners Industrial Automation Machine Vision Powerscan 9600 series introduction P2X-SERIES C Mount Models ❑ Vitality Index at 14.7% compared to 11.8% in Q1 2021. Positive trend for the third consecutive quarter. * ❑ R&D Cash Out at 10.7% in line with th
Slide 16: Key drivers for a profitable growth
Key drivers for a profitable growth Market Portfolio M&A Innovation • Keep focus on all of our • Protect our leadership in • Technology: acquire IP, • Nurture MV-based SW verticals, catching the FRS, HHS and SIS skills, products and and Deep Learning profitable opportunities concepts to boost and te
Slide 17: Financials & Outlook
Financials & Outlook 17
Slide 18: Q1 2022 Highlights: an exceptionally challenging macro environment
Q1 2022 Highlights: an exceptionally challenging macro environment ❑ Double digit Booking growth in all geographies ❑ R&D Cash Out at €14.8M, steady at 10.7% on continuing but exceptional high backlog affected revenues. by components’ shortages still slowing down sales’ order conversion. ❑ Adj EBITD
Slide 19: Group Revenues by Geography
Group Revenues by Geography % on Group Revenues Q1 2021 €m Q1 2022 1 Var % APAC Restated 15.6% EMEAI 75.6 80.8 (6.5%) Americas 40.8 35.5 14.9% APAC 21.6 18.1 19.4% EMEAI 54.8% Total Datalogic 137.9 134.4 2.7% Americas 29.6% ❑ EMEAI: double digit growth in T&L and MFG. Decline in Retail entirely due
Slide 20: Group Revenues by Segment
Group Revenues by Segment % on DL Business Revenues Q1 2021 €m Q1 2022 Var % Restated1 Channel Retail 45.4 49.9 (9.2%) 17.6% Manufacturing 40.1 34.3 16.9% Healthcare Retail Transportation & Logistics 20.8 15.5 34.7% 3.1% 33.8% Healthcare 4.2 5.0 (15.6%) Channel 23.6 25.5 (7.4%) T&L Total DL Business
Slide 21: Q1 2022 P&L
Q1 2022 P&L Q1 2021 €m Q1 2022 Var % Restated1 ▪ Gross Margin at 42.0%: -5.3 pp YoY due to inflation Revenues 137.9 134.4 2.7% Gross Margin 57.9 63.5 and material shortages, despite positive pricing and % on Revenues 42.0% 47.3% -5.3 pp Operating expenses (53.4) (48.5) sales mix. % on Revenues (38.7
Slide 22: EBITDA Adj: actual vs last year
EBITDA Adj: actual vs last year €m 21.6 0.4 1.2 (1.0) 0.6 11.8 (9.3) (1.8) Q1 2021 Volume Price Mix Productivity Structure Other Q1 2022 16.1% on Group 8.5% on Group Revenues Revenues Positive Items Negative Items 22 INTERNAL Datalogic Confidential
Slide 23: Net Debt & Cash Flow Analysis: Dec'21 – Mar'22
Net Debt & Cash Flow Analysis : Dec’21 – Mar’22 €m 11.8 (26.1) 1.7 (41.1) (4.0) (2.4) (1.6) (16.0) (77.7) NFP EBITDA Adj. Ch TWC Capex* Taxes Net Financial Other Pekat NFP Dec 21 Charges Acquisition Mar 22 Positive Items Negative Items * Including IFRS 16 impact 23 INTERNAL Datalogic Confidential
Slide 24: 2022 Outlook
2022 Outlook In an uncertain economic environment, further worsened by the geo-political situation in East Europe, we are confident that the actions undertaken on supply chain and pricing, combined to a strong market demand and a sound booking, may enable a recovery both in terms of sales and profit
Slide 25: Appendix
Appendix 25 INTERNAL Datalogic Confidential
Slide 26: A Wide Geographical Footprint
A Wide Geographical Footprint EMEAI 54.8% Americas 29.6% APAC 15.6% Percent on Q1 2022 Revenues - Data refer to Q1 2022 26 INTERNAL Datalogic Confidential
Slide 27: Stock and Governance
Stock and Governance Market Segment: EURONEXT STAR MILAN Ticker: DAL Reuters Code: DAL.MI Market Cap (May 13, 2022): 540 mln Euro Bloomberg Code: DAL IM Volumes : 3 months average ̴ 150K Outstanding Shares: 58,446,491 Auditing Company: Deloitte Share Par-Value: 0.52 Euro each DATALOGIC SHARE PERFORM
Slide 28: Sustainability Policy
Sustainability Policy Safe working conditions; Products Safety; Health and wellbeing at workplace Training and Education; Employee retention and Innovation attraction Datalogic Group, in line with Sustainability Goals of the United Nations 2030 Agenda, focuses on: data protection and innovation, att
Slide 29: Update on the acquisition of M.D. Micro Detectors
Update on the acquisition of M.D. Micro Detectors Mar-21 to Dec-21: Mar-21: Acquisition of M.D. Micro Detectors Expectations Complete integration in Manufacturing industry • Datalogic acquired M.D. Micro Detectors (“M.D.”) ✓ Products: Range, Roadmap, Pricing processes fully The successful post merge
Slide 30: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager Alessandro D’Aniello August 04, 2022 Tel. +39 051 3147109 H1 2022 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-communicat
Slide 31: 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