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Consolidated sales revenues of 95 million (mn) in the 1st quarter of 2006 (1Q06), up by 159% from 36.6 mn for the same period in the previous year (1Q05).
The Groups consolidation area has changed since 2005. 2006 revenues in fact include sales of the US corporation PSC, acquired at the end of last year and consolidated from December 2005. In addition Informatics, the other acquisition, completed in March 2005, was consolidated as of the 2nd quarter of 2005.
Even without PSC, whose revenues as of 31 March 2006 amounted to over 44 mn, Datalogics revenues would have grown by 39% to 51 mn.
Based on comparable consolidation, Datalogics sales in 1Q06 totalled 42.6 mn, with a growth of 16% YoY driven by the good performance both of the Data Capture Division (1Q06 sales, net of PSC, of 32.4 mn, with growth of 9% vs. 1Q05) and of the Business Development Division ( 10.2 mn as of 31 March 2006, with growth of 40% over 31 March 2005).
These are the preliminary revenue figures for the quarter that has just ended for Datalogic, a company listed in the TechStar segment of the Milan Bourse and active in the design, manufacture and distribution of bar code readers and RFID systems.
The meeting of the Board of Directors for approval of 1Q06 figures has been scheduled for 15 May 2006.
We are particularly pleased with these results, commented Roberto Tunioli, Datalogics CEO, because against the background of the major process of integration with PSC, which will continue for quite some time, sales-wise the Datalogic Group is receiving confirmation from its traditional markets, especially for the Data Capture Division.