Datalogic S.p.a. · MIL:DAL
Datalogic — Star Conference London 2009
27 slides from Datalogic's conference presentation, Oct 8, 2009
Slide 1: Company Presentation - Star Conference
Company Presentation Star Conference London, 8th October 2009 © Copyright Datalogic 2007 -2009
Slide 2: The Group, Datalogic Offer, Financial Highlights
ªTHE GROUP ªDATALOGIC OFFER ªFINANCIAL HIGHLIGHTS © Copyright Datalogic 2007 -2009 2
Slide 3: Datalogic Vision, Mission and Values
Datalogic Vision “To be Top of Mind when thinking about needs in the item identification value chain” Datalogic Mission “Promote and provide business solutions for data management by offering high value systems, products and services to mark, capture, compute and communicate (M&3C TM) information an
Slide 4: A Wide International Coverage
A Wide International Coverage Direct presence in 30 countries worldwide 7 Manufacturing Plants 8 R&D Centers © Copyright Datalogic 2007 -2009 4
Slide 5: 2001 – 2008: Datalogic Group performance
2001 – 2008: Datalogic Group performance (In million Euro) CAGR 2001 – 2008 = 19% PSC Acquisition Closing: November 2005 Price: approximately USD 195m Datasensor Acquisition Consolidated for 1 month 404,0 Detection sector 381,6 Closing: October 2008 379,8 Price: € 45m Informatics Acquisition Consoli
Slide 6: Shareholders' Structure
Shareholders’ Structure Current Number of shares: 58.446.491 MKT Cap (2nd Oct 09): € 255 million Free Float 20,91% Hydra S.p.A. 67% Tamburi Investment P. 6,39% Treasury shares 5,7% Note: In May 2008, execution of share capital reduction by means of cancellation of nr. 5.409.981 treasury shares. © Co
Slide 7: 3rd Player in the ADC Market
3rd Player in the ADC Market © Copyright Datalogic 2007 -2009 7
Slide 8: Datalogic Group
Datalogic Group DATALOGIC S.p.A 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 Small/Mid Business Hand Held Scanner
Slide 9: The Group, Datalogic Offer, Financial Highlights
ªTHE GROUP ªDATALOGIC OFFER ªFINANCIAL HIGHLIGHTS © Copyright Datalogic 2007 -2009 9
Slide 10: POS Stationary Scanners
POS Stationary Scanners Datalogic Scanning #1 Worldwide Market Share 31,8% ª Competitors EMEA NCR, Metrologic AMERICAS NCR, Motorola Source 2008 (base year 2007) ASIA Fujitsu, Metrologic © Copyright Datalogic 2007 -2009 10
Slide 11: Hand-Held Scanners
Hand-Held Scanners Datalogic Scanning #1 in EMEA and #2 Worldwide Emea Market Share 30,2% - Worldwide Market Share 15,3% ª Competitors EMEA Motorola, Metrologic AMERICAS Motorola, HHP, Metrologic Source 2008 (base year 2007) ASIA Motorola, Denso, HHP © Copyright Datalogic 2007 -2009 11
Slide 12: Industrial Stationary Scanners
Industrial Stationary Scanners Datalogic Automation #2 in EMEA and #3 Worldwide Emea Market Share 24,5% - Worldwide Market Share 12,3% ª Competitors EMEA Sick, Leuze, Cognex AMERICAS Accu-Sort, Sick, Cognex, Microscan Source 2008 (base year 2007) ASIA Sick, Microscan © Copyright Datalogic 2007 -2009
Slide 13: Mobile Computers
Mobile Computers Datalogic Mobile #4 in EMEA and #5 Worldwide Emea Market Share 7,8% - Worldwide Market Share 4,3% ª Competitors EMEA Motorola, Intermec, Psion-Teklogix AMERICAS Motorola, Intermec Source 2008 (base year 2007) ASIA Motorola, Denso, Psion-Teklogix © Copyright Datalogic 2007 -2009 13
Slide 14: Leading Player in Sensors, RFID, and Laser Marking
Leading Player in Sensors Market, RFID Market, and Laser Marking Systems Datalogic Automation Sensors Product Group European leader in M18 Sensors Market Italian leader in Sensors Market (I) Datalogic Automation Datalogic Automation RFID Product Group Laser Marking Product Group (I) Source: ANIE, ZV
Slide 15: Leading Player in Innovative Solutions
Leading Player in Innovative Solutions Over 330 installations in Europe! One thousand reading stations #1 in Italy with 140 installations installed in 80 airports worldwide and #1 in France with 107 installations hundreds of applications for the major #1 in Belgium with 88 installations courier and
Slide 16: Complete Range of Easy-To-Use Barcoding Solutions
Complete Range of Easy-To-Use Barcoding Solutions Business Development - Informatics Barcoding solutions for the millions of Small – Medium Business that increase productivity and profitability © Copyright Datalogic 2007 -2009 16
Slide 17: 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 -2009 17
Slide 18: Business Solutions (2/2)
Business Solutions (2/2) SORTING Increasing value for money by streamlining and speeding up your delivery 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 19: The Group, Datalogic Offer, Financial Highlights
ªTHE GROUP ªDATALOGIC OFFER ªFINANCIAL HIGHLIGHTS © Copyright Datalogic 2007 -2009 19
Slide 20: 2009 Actions to recover profitability
2009 Actions to recover profitability ª 20 million Euro reduction in operating expenses ª 20 million Euro reduction in working capital ª Reduction in break even point (target = be profitable even with a -30% in sales for 2010) ª Keep investments in R&D (9.1% on 1H09 sales) and new factory in Vietnam
Slide 21: Consolidated Income Statement
Consolidated Income Statement (Euro/1.000) 1H08 % 1H09 % Ratios Revenues 193.558 100,0% 149.112 100,0% -23,0% COGS (106.808) -55,2% (87.608) -58,8% Gross Operating Margin 86.750 44,8% 61.504 41,2% -29,1% Other revenues 2.800 1,4% 1.187 0,8% R&D (12.304) -6,4% (13.631) -9,1% Distribution Costs (38.92
Slide 22: Revenues Details
(Euro/1.000) Revenues Details 1H09 REVENUES BY DIVISION 1H09 REVENUES BY GEOGRAPHIC AREA 1H08 1H09 Var % 1H08 (*) 1H09 Var. % Datalogic Mobile (*) 49.726 30.890 -38% Italy 20.857 19.736 -5% Datalogic Automation 36.028 32.468 -10% Europe 86.125 59.364 -31% Datalogic Scanning 92.732 71.511 -23% North
Slide 23: Segment Reporting: 1H09
Segment Reporting: 1H09 (Euro/1.000) Datalogic Total Mobile Automation Scanning Informatics Adj. S.p.A. Group Total Revenues 30.890 32.468 71.511 14.548 6.574 (6.879) 149.112 COGS (16.919) (17.462) (45.041) (8.481) 0 295 (87.608) Gross Operating Margin 13.971 15.006 26.470 6.067 6.574 (6.584) 61.504
Slide 24: EBITANR - 1H09 Actual vs. Last Year
EBITANR * - 1H09 Actual vs. Last Year (Euro/1.000) Positive items Negative items 19.657 Other revenues -1.613 465 Other variable costs +2.206 Direct Cogs -457 Vol / Ne H1'0 8 Ac Pric Sa les m w Prod 13.317 710 488 136 t e ix ucts Info Data Oth -3.457 Exc rma sens er H1'0 h ra Op exp tics ( or ( E 9A
Slide 25: Consolidated Balance Sheet
(Euro/1.000) Consolidated Balance Sheet 1H08 FY08 1H09 Intangible fixed assets 46.840 49.011 43.925 Goodwill 80.073 89.679 88.607 Tangible fixed assets 48.766 52.594 52.428 Non consolidated investments 2.686 3.322 2.844 Other fixed assets 14.726 21.858 21.274 TOTAL FIXED ASSETS 193.091 216.464 209.0
Slide 26: Net Debt analysis: Dec. 08 – June 09
Net Debt analysis: Dec. 08 – June 09 (Euro/1.000) Positive Cash flow Negative Cash flow 2.111 120.292 2.401 10.862 106.944 1.933 4.316 816 2.756 6.335 Excluding non recurring outflows, dividends and own shares , Net Debt would be € 106.6 m n. Acc. Receivable +14.131 Inventory +4.785 Acc. Payable -12
Slide 27: Thank You!
Thank You! © 2009 Datalogic S.p.A. - 2009 July • All rights reserved. • Protected to the fullest extent under U.S. and international la ws. • Copying, or altering of this document is prohibited without express written consent from Datalogic S.p.A. Datalogic and the Datalogic logo are registered trad