Datalogic S.p.a. · MIL:DAL
Datalogic — Italian Investment Conference 2023
24 slides from Datalogic's conference presentation, May 25, 2023
Slide 1: Italian Investment Conference 2023
ITALIAN INVESTMENT CONFERENCE 2023 MAY 25, 2023 Page 1 Copyright Datalogic 2023 – Confidential Proprietary Information INTERNAL Datalogic Confidential
Slide 2: 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 3: More than 50 years of Growth through Technological Innovation
More than 50 years of Growth through Technological Innovation • Foundation of the • Expansion of the portfolio • Pivoting from «laser» to • Listing at the Milan • 50th year anniversary Company, based on to barcode reading «imaging» and becoming Stock Exchange sensors product products, applications a
Slide 4: A Wide Geographical Footprint
A Wide Geographical Footprint EMEAI 57.8% APAC Americas 14.2% 27.9% 11 Manufacturing & Repair sites 11 R&D Centers, 3 DL Labs 48 Offices and Facilities in 29 countries Page 4 Percent on Q1 2023 Revenues - Data refer to Q1 2023 Copyright Datalogic 2023 – Confidential Proprietary Information 4 INTERNA
Slide 5: Strategy
Strategy Page 5 Copyright Datalogic 2023 – Confidential Proprietary Information INTERNAL Datalogic Confidential
Slide 6: Our strengths
Our strengths Leading player 50 + years in both Data Capture Partner Deep expertise Passionate of history and Industrial centric in every target innovator Automation markets industries Close to Strong culture Strong focus on End-to-end customers of high values solutions sustainability to streamline
Slide 7: New Datalogic operating model: background
New Datalogic operating model: background Recalling Datalogic Strategy Need for change in our Operating Model Objective ▪ Above the market long term growth with increasing ▪ Industry knowledge, focus on end-users and our main 4 profitability Verticals keep on being the core of our strategy Scope ▪ I
Slide 8: New Datalogic operating model: two major products platforms
New Datalogic operating model: two major products platforms to better address different market segments DATA CAPTURE INDUSTRIAL AUTOMATION FIXED RETAIL HANDHELD SCANNERS SCANNERS STATIONARY INDUSTRIAL SCANNERS SAFETY Attended Unattended processes processes in every industry in every industry OEM BAR
Slide 9: A consistent review in Datalogic accounting reporting
A consistent review in Datalogic accounting reporting Area From To • 2 CGUs: • 2 CGUs: Division • Datalogic Business • Datalogic Business • Informatics • Informatics • 3 Geo Areas: • 3 Geo Areas: No Changes • EMEAI • EMEAI Geo Area • Americas • Americas • APAC • APAC • 4 Main Verticals: • 2 Main Mar
Slide 10: Key Drivers for a Long Term Profitable Growth
Key Drivers for a Long Term Profitable Growth Market Portfolio M&A Innovation • Keep focus on all of our • Protect our leadership in FRS, • Technology: acquire IP, • Nurture MV-based SW and verticals, catching the HHS and SIS skills, products and Deep Learning technology profitable opportunities con
Slide 11: Financials
Financials Page 11 Copyright Datalogic 2023 – Confidential Proprietary Information INTERNAL Datalogic Confidential
Slide 12: Q1 2023 Highlights: Revenue growth, improving profitability and cash flow
Q1 2023 Highlights: Revenue growth, whilst improving profitability and cash flow generation ❑ Revenue growth at high single digit (+8.5%) with ❑ R&D Cash Out at €15.8M, steady at around 10.6% strong performance of EMEAI on revenues, executing technological roadmap ❑ A new Operating Model with two ne
Slide 13: Group Revenues by Geography
Group Revenues by Geography % on Group Revenues €m Q1 2023 Q1 2022 Var % APAC EMEAI 86.6 75.6 14.5% 14,2% Americas 41.8 40.6 2.9% APAC 21.3 21.7 (1.9%) Total Datalogic 149.7 137.9 8.5% EMEAI 57,8% Americas 27,9% ❑ EMEAI: Group’s first market up by 14.5%, led by DACH, Italy & Middle East ❑ AMERICAS:
Slide 14: Group Revenues by Market Segment
Group Revenues by Market Segment* % on DL Business Revenues €m Q1 2023 Q1 2022 Var % Data Capture 91.3 83.5 9.3% Industrial Automation 54.5 50.6 7.7% Total DL Business 145.7 134.0 8.7% Industrial Automation 37,4% Data Capture Informatics 4.1 4.1 (0.3%) 62,6% Intra division (0.1) (0.2) Total Datalogi
Slide 15: New Product Launches and Innovation
New Product Launches and Innovation Mobile Computer Hand Held Scanners Sensors, Safety & Machine Vision Memory 11 Family Powerscan 9600 Bluetooth SVS-Vistek Cameras Quickscan 2200 Series S3N-T ❑ R&D Cash Out*at 10.6% in line with the Q1 2022 (10.5%). Commitment to Product Development Roadmap continu
Slide 16: Q1 2023 P&L
Q1 2023 P&L Q1 2022 €m Q1 2023 Var % restated* ▪ Gross Margin at 41.7%: +1.5 pp YoY . Improvement in Q1 Revenues 149.7 137.9 8.5% compared to previous year thanks to positive pricing and Gross Margin 62.4 55.4 mix offset by volumes’ decrease % on Revenues 41.7% 40.2% +1.5 pp Operating expenses (57.0
Slide 17: EBITDA Adj: actual vs last year
EBITDA Adj: actual vs last year €m 0.6 (4.6) 6,8 (0.2) 13,5 (0.8) 11,8 (2.7) 2,6 Q1 2022 Volume Price Mix Productivity Structure Others FX Effect Q1 2023 8.5% on Group 9.0% on Group Revenues Revenues Positive Items Negative Items Page 17 Copyright Datalogic 2023 – Confidential Proprietary Informatio
Slide 18: Net Debt & Cash Flow Analysis: Dec'22 – Mar'23
Net Debt & Cash Flow Analysis : Dec’22 – Mar’23 €m 4.6 (5.3) (0.8) (0.2) (4.8) 3.4 (31.7) 13.5 (42.0) NFP Dec 22 EBITDA Adj. Ch. TWC Net Investment Taxes Net Financial Others Others, not NFP Mar 23 Charges operating Positive Items Negative Items Page 18 Copyright Datalogic 2023 – Confidential Propri
Slide 19: Appendix
Appendix Page 19 Copyright Datalogic 2023 – Confidential Proprietary Information INTERNAL Datalogic Confidential
Slide 20: Stock and Governance
Stock and Governance Market Segment: EURONEXT STAR MILAN Ticker: DAL Reuters Code: DAL.MI Market Cap (December 30, 2022): 500 mln Euro Bloomberg Code: DAL IM Volumes : 3 months average ̴ 100K Outstanding Shares: 58,446,491 Auditing Company: Deloitte Share Par-Value: 0.52 Euro each DATALOGIC SHARE PE
Slide 21: Sustainability Policy
Sustainability Policy ✓ ISO 45001 – Healthy and Safety at Work Management Safe working conditions; Products Safety; Health and System wellbeing at workplace ✓ ISO 8000 – Social Accountability Training and Education; Employee retention and ✓ Talent Development – Employer branding - Training Innovatio
Slide 22: 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 23: Contact
Contact IR CONTACTS NEXT EVENTS IR Manager Alessandro D’Aniello August 03, 2023 Tel. +39 051 3147109 1H 2023 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 24: 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, many