Slide 1: FY 2006 Financial Results
Fare clic per modificare lo stile del titolo FY 2006 Financial Results Star Conference Milan, March 1st 2007
Slide 2: The Group, Datalogic Offer, Update on PSC
THE GROUP DATALOGIC OFFER UPDATE ON PSC FINANCIAL HIGHLIGHTS TRANSFORMATION PLAN © Copyright Datalogic 2007 2
Slide 3: Datalogic Vision & Mission
Datalogic Vision & Mission © Copyright Datalogic 2007 3
Slide 4: 2001 – 2006: a history of growth...
2001 – 2006: a history of growth... PSC Acquisition (In million Euro) Closing: November 2005 Price: approximately USD 195 m CAGR 2001 – 2006 = 28% Consolidated for 1 month 381,6 Informatics Acquisition Automatic and identification sector Closing: March 2005 Price: €18.2m Consolidated for 10 months L
Slide 5: 2001 – 2006: Share Performance
2001 – 2006: Share Performance 27,20 (In Euro) In May 2006, splitting of capital share (4 shares for each existing): actual average share price € 6,8 1,22 0,22 0,18 20,00 0,15 0,05 IPO Price Dividend Dividend Dividend Dividend Dividend Stock Aver. 29-mar-01 FY01 FY02 FY03 FY04* FY05 Price Dec. 06 No
Slide 6: Shareholders’ Structure
Shareholders’ Structure Assicurazioni Generali Number of shares: 63.625.472 3,09% MKT Cap: € 433 million Free Float 31,96% Hydra S.p.A. 59,31% Tamburi Investment P. 5,64% © Copyright Datalogic 2007 6
Slide 7: The Group, Datalogic Offer, Update on PSC
THE GROUP DATALOGIC OFFER UPDATE ON PSC FINANCIAL HIGHLIGHTS TRANSFORMATION PLAN © Copyright Datalogic 2007 7
Slide 8: Data Capture (Datalogic + PSC)
Data Capture (Datalogic + PSC) 2° WW UNATTENDED SCANNING 1° EMEA SYSTEMS / Industrial 3°WW 1°EMEA 1°WW 1°EMEA 2°Americas FIXED POSITION SCANNERS FOR RETAIL TOP FIVE PLAYER WW © Copyright Datalogic 2007 8
Slide 9: Business Development
Business Development 1°in USA Automotive/Electronic 1°in Italy 80 Installations © Copyright Datalogic 2007 9
Slide 10: Business Solutions (1/2)
Business Solutions (1/2) POINT OF CUSTOMER INTERCHANGE Implementing CRM to better know your customers and achieve greater sales opportunities WAREHOUSE MANAGEMENT SYSTEMS Improving your SCM to capitalise on significant Investments made in the ERP system © Copyright Datalogic 2007 10
Slide 11: Business Solutions (2/2)
Business Solutions (2/2) SORTING Increasing value for money by streamlining and speeding up your deliver processes WORK IN PROGRESS Enhancing your accountability with traceability solutions to maximise the ERP investment ORIGINAL EQUIPMENT MANUFACTURERS Serving and supporting customer embedding bar-
Slide 12: The Group, Datalogic Offer, Update on PSC
THE GROUP DATALOGIC OFFER UPDATE ON PSC FINANCIAL HIGHLIGHTS TRANSFORMATION PLAN © Copyright Datalogic 2007 12
Slide 13: Restructuring Plan Update
Restructuring Plan Update 1Q 2006 Actions - February 06: Start of the fast-track restructuring - March 06: Bill Parnell appointed new CEO - Reduced employees by a total of 49 (out of the 740 regular employees) 2Q 2006 Actions - Annual cost saving of over Usd 4.4 m (6% of PSC’s operating costs) - Est
Slide 14: The Group, Datalogic Offer, Update on PSC
THE GROUP DATALOGIC OFFER UPDATE ON PSC FINANCIAL HIGHLIGHTS TRANSFORMATION PLAN © Copyright Datalogic 2007 14
Slide 15: Consolidated Income Statement
Consolidated Income Statement (Euro/1.000) FY05 % FY06 % Ratios Revenues 205.948 100,0% 381.614 100,0% 85,3% COGS -106.526 -51,7% -214.544 -56,2% Gross Operating Margin 99.422 48,3% 167.070 43,8% 68,0% R&D -14.676 -7,1% -26.313 -6,9% G&A -17.273 -8,4% -28.752 -7,5% Distribution Costs -42.949 -20,9%
Slide 16: Revenues Details
Revenues Details (Euro/1.000) Revenues by Division Revenues by Geographic Area Data Capture Business Development FY05 FY06 Var. % FY05 FY06 Var % Data Capture 146.566 309.313 111% Italy 32.803 37.973 16% Business Europe 90.446 153.694 70% Development 59.382 72.301 22% North America 54.381 124.504 12
Slide 17: Ordinary Operating Profit - EBITANR – Actual vs LY
Ordinary Operating Profit - EBITANR (*) – Actual vs LY (Euro/1.000) 4.425 3.920 3.224 644 26.034 24.800 6.738 5.834 1.440 287 2.229 9.289 C e . . . s l v. ix s 5 6 ev xp od al ic PS ic og .0 .0 re m rv Pr D at r. e pr ec ec C es se er v. rm pe ew ct D D th In al La fo ir e O R R O l /S N In N N D Vo
Slide 18: FY05 and FY06 results without PSC
FY05 and FY06 results without PSC (Euro/1.000) FY05 % FY06 % Ratios Revenues 186.523 100,0% 203.673 100,0% 9,2% COGS -93.329 -50,0% -103.340 -50,7% Gross Operating Margin 93.194 50,0% 100.333 49,3% 7,7% R&D -13.440 -7,2% -15.009 -7,4% G&A -16.391 -8,8% -19.412 -9,5% Distribution Costs -38.773 -20,8%
Slide 19: Consolidated Balance Sheet
Consolidated Balance Sheet (Euro/1.000) FY05 FY06 Fixed Assets 254.016 227.254 Receivables 94.482 90.917 Inventory 51.512 52.005 Payables -74.681 -78.042 Net Working Capital 71.313 64.880 Employees' severance Indemn. -6.894 -7.624 Risk Funds -8.919 -9.856 Other liabilities -53.937 -29.687 Net Invest
Slide 20: Net Debt
Net Debt (Euro/1.000) 17.385 125.718 3.489 8.182 2.639 17.436 58.357 76.596 C 2.945 2.079 P x rs nd 5 6 se w es pe NF NW Y0 Y0 he o de ea ar Fl Ca tF tF Ot C vi r sh sh nc PS eb eb Di li ca n tD tD ow ta g Ne Ne pi in e Ca al at /s er h. Op rc Pu © Copyright Datalogic 2007 20
Slide 21: The Group, Datalogic Offer, Update on PSC
THE GROUP DATALOGIC OFFER UPDATE ON PSC FINANCIAL HIGHLIGHTS TRANSFORMATION PLAN © Copyright Datalogic 2007 21
Slide 22: The Datalogic Group Today
The Datalogic Group Today: Business Development Division Data Capture Division Develop adjacent & emerging busin. Develop core business Build emerging businesses Defend and extend current core business Look at adjacent businesses to integrate upstream and downstream © Copyright Datalogic 2007 22
Slide 23: How Datalogic is Changing
How Datalogic is Changing Scanning ADC Division HHR (DLS) USS Automation RA Division Laservall (DLA) Mobile EMS Mobile Division MC (DLM) EBS Business Development Informatics Datalogic Corporate Corporate Organization Divisional Structure Provides strategic direction Focus on product and market Ensur
Slide 24: The Final Result on April 2, 2007
The Final Result on April 2, 2007 DATALOGIC SpA HQ BOLOGNA, CORPORATE Board of Directors Executive Management Steering Committee Datalogic Scanning Datalogic Mobile Datalogic Automation Business Development HQ Eugene, OR, USA HQ Bologna, Italy HQ Bologna, Italy HQ Bologna, Italy © Copyright Datalogi
Slide 25: Benefits of the New Structure
Benefits of the New Structure To increase our market shares in the WW item identification market Creation of a Federal Group of Companies with a deep focus on product and market specialization The new structure will be a solid platform upon which Datalogic can continue to expand the Group More atten