• Approval of the Datalogic S.p.A. financial statements and examination of the consolidated financial statements of the Group as of 31st December 2013
• Approval of the distribution of a dividend of 16 euro cents per share, with a growth of +7% compared to 2012
• Pietro Todescato appointed Board Member
• Approval of the Compensation Report pursuant to art. 123-ter, para. 6, of the Italian Legislative Decree no. 58/1998
• Authorization to purchase and dispose treasury shares
Bologna, 23rd April 2014 – Today the Annual General Meeting of Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. (“Datalogic”) and global leader in the automatic data capture and industrial automation markets and producer of bar code readers, data collection mobile computers, sensors, vision systems and laser marking systems, approved the financial statements and examined consolidated financial statements for the year ending 31st December 2013.
In a year characterized by a two-speed performance, weak in the first half of the year due to a still slow macroeconomic environment and with a progressive improvement in the second half of the year thanks to a gradual recovery in demand in all key sectors, Datalogic Group registered revenues of 450.7 million Euro compared to 462.3 million Euro in 2012 and an EBITDA amounted to 60 million Euro compared to 63.2 million Euro (-5.0% compared to 2012), with a margin of 13.3%.
The Group closes 2013 with a consolidated net profit of 26.9 million Euro compared to 10.2 million of 2012[1].
The Parent Company closes with a net profit of 6.9 million Euro compared to 6.2 million Euro of the previous year.
The shareholders approved the distribution of an ordinary dividend, gross of legal withholdings, of 16 euro cents per share (+7% compared to 15 eurocents per share for 2012), with coupon detachment (n. 7) on 12th May 2014 (record date the 14th May) and payment as of 15th May 2014.
The shareholders also resolved:
(i) the appointment of Mr. Pietro Todescato as director, to replace the resigned director, hereby confirming the appointment by cooptation resolved upon by the Board of Directors on March 20th, 2014. Pietro Todescato, currently Chief Technology Officer of the Group, has worked for Datalogic Group since 1991, and has spent more than ten years in the US, where he still lives. He has held various roles, not only in R&D but also with responsibility for the management and development of significant portions of the Datalogic business. Before joining Datalogic, Mr. Todescato gained significant experience at Telettra and at Olivetti’s US headquarters in Cupertino. His curriculum vitae is available at the Company Headquarters, at the Italian Stock Exchange Headquarters, as well as on the Company’s web site www.datalogic.com under the Governance section;
(ii) to approve, pursuant to art. 123-ter, para. 6, of the Italian Legislative Decree no. 58/1998, the report regarding compensation of the directors and of all managers with strategic responsibilities in Datalogic S.p.A. and all its controlled companies;
(iii) to authorize the Board of Directors to purchase and dispose of treasury shares. Buyback operations are motivated by Datalogic’ desire to act as a stabiliser, thus improving the stock’s liquidity. More specifically, this authorisation was granted for the purchase and dispose of up to a maximum of 11.689.298 ordinary shares – equal to 19.9% of the share capital (including treasury shares already in the portfolio) – for the period between the shareholders’ meeting held today and the shareholders’ meeting which will be held for the approval of the 2014 financial statements, and however for a period not exceeding 18 months from today’s shareholders’ meeting. According to the approved plan, the purchase price of each ordinary share will range between a par value of 2 Euro and 22 Euro.
Regarding today’s meeting please note that:
a) a summary statement of the voting with the number of shares represented at the General Meeting, the number of shares for which votes were cast, the percentage of share capital represented by these shares, also including the number of votes in favor of and against each resolution and the number of abstentions, will be available on the company’s website no later than 5 (five) days from today, pursuant to art. 125-quater, para. 2, of the Italian Legislative Decree no. 58/1998;
b) the minutes of the General Meeting will be available to the public within 30 days from today pursuant to both artt. 77, para 3, and 85, para 1-bis, of the Issuers Regulation.
The Board of Directors met today directly after the Shareholders’ Meeting and resolved to establish a Supervisory Body as per Legislative Decree 231/01 made up by Mr Gerardo Diamanti (Chairman) and Mr Andrea Pascerini, as external member of the Company, and Mr David Scapparone, internal auditor of the Company.
The manager responsible for preparing the company’s financial reports - Marco Rondelli – declares, pursuant to paragraph 2 of Art. 154-bis of the “Testo Unico della Finanza”, that the accounting information contained in this press release corresponds to the document results, books and accounting records.
