(Finance) – Datalogic closes the accounts as at 30 September with a Net income equal to 15.8 million euros (3.3% of revenues), compared to € 30.3 million in the nine months of 2021 (7% of revenues).
The Group has achieved revenues of 476.5 million of Euro, realizing a growth of 10.3% (4.8% at constant exchange rates) compared to Euro 431.9 million recorded in the same period of 2021. The gross contribution margin, equal to Euro 201 million (42, 2% of turnover) compared to 193.6 million Euros as at 30 September 2021 (44.8% of turnover), has suffered an erosion of 2.6 percentage points compared to the same period of 2021 due to higher procurement costs.
L’Adjusted EBITDA is equal to 56.3 million Euros, with an Adjusted EBITDA margin which stands at 11.8% of turnover, marking a decrease of 3.5 percentage points compared to the 15.3% recorded in the nine months of 2021. Adjusted EBIT is equal to 33.3 million Euros, 7% of revenues (10.6% at 30 September 2021).
Net financial debt at 30 September 2022 it amounted to 83.6 million euros (26.1 million euros at 31 December 2021) and marks a negative change of 57.6 million euros.
As for the outlook, the CEO Valentina Volta assured “we are confident that we can continue to record an increase in turnover compared to the previous year also in the last quarter of the year and an operating margin substantially in line with the first 9 months of year, thanks to the still high backlog and the actions taken both in terms of prices and components “.