DOCSLIB.ORG

Financial Report 2016

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Financial Report 2016 MANUFACTURING RETAIL FINANCIAL REPORT 2016 TRANSPORTATION & LOGISTICS HEALTHCARE INDEX LETTER TO SHAREHOLDERS 3 HIGHLIGHTS 2016 6 DATALOGIC GROUP STRUCTURE 23 COMPOSITION OF CORPORATE BODIES 27 MANAGEMENT REPORT 29 CONSOLIDATED FINANCIAL STATEMENTS 49 EXPLANATORY NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 57 PARENT COMPANY FINANCIAL STATEMENTS 117 EXPLANATORY NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS 125 ANNEX 164 DATALOGIC Retail Financial report 2016 2016 WAS A PARTICULARLY POSITIVE YEAR THAT BROUGHT SIGNIFICANT CHANGES FOR THE DATALOGIC GROUP. THE COMPANY WAS ABLE TO TRANSFORM, REORGANIZE AND EXCEL DESPITE UNCERTAIN POLITICAL AND ECONOMIC SITUATIONS IN ear Shareholders, WHICH IT OPERATED IN KEY TARGET MARKETS. we are pleased to share with you the best results ever achieved by our Group. 2016 was a particularly positive year that brought significant changes for the Datalogic Group. The Company was able Dto transform, reorganize and excel despite uncertain political and economic situations in which it operated in key target markets. We will mention just two of the main events that changed the world’s economic and political structure in 2016: Brexit and the election of a new President of the United States. In addition to these two events, which have put into question the economic model of globalization, as well as the EU as an institution, events of much greater magnitude unfortunately occurred. Terrorism and wars have generated a climate of “wait and see” and of fear that is still dominant. 3 DATALOGIC Against this uncertain backdrop, the sector in centrally on the end customer. This involved the which our Group operates has seen a significant consolidation of the two companies, Industrial growth in demand, mainly driven by increasing Automation and Automatic Data Capture, industrial automation. into a single Datalogic to provide partners and customers with a single, comprehensive and Industry 4.0 propels the manufacturing sector consistent offering of products and solutions, into the digital era and opens the way to new targeting our four main market: Retail, business models. The Internet of Things and Manufacturing, Transport & Logistics, and Services, enhanced and pervasive communication Healthcare. within the digital factory, and the availability of a large amount of data in real time will The reorganization of our corporate structure be accompanied by unprecedented levels of is a consequence of the new strategy we have productivity and security. With growing industry developed for the next few years, i.e. the objective digitization, process automation will play an we want to achieve, where we want to compete, increasingly important role. In turn, industrial and above all the competitive advantage and automation sustains the growth of robotics uniqueness we want to offer our customers. This worldwide - so much that annual sales of competitive advantage lies in our Group’s ability robots are expected to double by 2018. With the to meet our customers’ needs along their entire growth of e-commerce, technology is about to value chain, fully understanding their requirements revolutionize the future of retail sales and the and anticipating their future needs leveraging our retail sector in general. Augmented reality will unequalled product and solution portfolio. provide customers with personalized suggestions and services, while offering solutions that will Despite the uncertain macroeconomic make the in-store experience preferable to mere environment described above, these strategic online purchasing. choices translated in 2016 into excellent results for the Group, with sales revenues at Datalogic has faced these macroeconomic 576.5 million Euros (up 7.7% compared to the events, which so deeply affected its main target previous year), EBITDA up by over 22% at 90.4 markets, in a proactive manner rather than a million Euros, EBITDA Margin at 15.7%, and “wait and see” attitude. To better address future a 13.1% increase in net profit, which stood at challenges, the Company has evolved, defined 45.8 million Euros. These results were achieved new strategic levers, identified the key growth while maintaining a high level of investments in drivers of its target markets and of each of the Research and Development (approximately 50 30 countries where it operates directly, and million Euros), a major driver of our growth. We reorganized its structure in order to seize the have continued to believe in R&D investments, opportunities of a constantly evolving market. which amounted to about 9% of revenues, with a view to developing breakthrough products and Against this backdrop, the Company set up a new solutions while expanding our patent portfolio. governance structure, effective from 1st January Testifying to the Group’s ability to offer reliable 2017. This has given rise to a new organizational and innovative high technology solutions, structure in line with our latest strategy based in the course of this year we were awarded Financial report 2016 several international recognitions, including the We also thank our Customers worldwide along Innovation Award, received at the London Retail with our Business Partners for their confidence Business Technology Expo 2016, the Italian Popai in our products, solutions and people. We are Awards 2016 in the Digital and Technological grateful to our Suppliers, who have played an Innovation – Apps category, and first prize important role in these positive developments, awarded by the Inspect magazine. and last but not least our Shareholders for believing in our Group. The generation of high operating cash flow (90 million Euros) resulted in the net financial position We believe that in 2016 we laid the foundation turning positive again at 3.5 million Euros, compared to continue to meet and exceed our Customers’ to a negative 21 million Euros in the previous year. expectations and to surprise them in the years to This result did not prevent us from investing almost come. 3% of our revenues in capital expenditures. To expand our production capacity in line with our Romano Volta growth plans, and ensure greater flexibility and Chairman maximum quality of the manufacturing process, we opened a new industrial site in Balatonboglar, Hungary, mainly devoted to the production of equipment for our Manufacturing customers. We have also invested in sophisticated SMT Valentina Volta equipment for the production of electronic Chief Executive Officer boards, and renovated our headquarters in Italy, France and the UK, in order to present a consistent image to our customers. Growth and ability to create value are also reflected in the performance of the Datalogic stock price, which in 2016 outperformed the benchmarks and in March of this year reached its all-time peak of 24.5 Euros. This year’s results have allowed us to improve our competitive positioning in the target markets, and would not have been possible without the talent, passion and teamwork of Datalogic people. They are our major strength and unparalleled competitive advantage, represented by the best skills focused on innovation and technological development. This is why we want to thank first and foremost all of our employees. 5 DATALOGIC Innovation VISION A world identified, measured, inspected, is our marked and verified by tradition Datalogic. TECHNOLOGICAL SOLUTIONS TO SIMPLIFY OUR CUSTOMERS’ BUSINESS MISSION Datalogic’s mission is to provide customers in the Retail, Manufacturing, Transport & THE GROUP Logistics, and Healthcare sectors with the highest quality and Datalogic is a global technology expansionefficiency in data collection and leader worldwide in automatic data automation processes thanks to capture and process automation. The advanced technology, innovative Company specializes in the design products and superior solutions and manufacture of bar code readers, and a team of highly talented mobile computers, RFID, detection, people. measurement and security sensors, vision systems and laser marking. Its cutting-edge solutions help to increase process efficiency and quality along the entire value chain in the Retail, Manufacturing, Transport & Logistics, and Healthcare sectors. productivity Financial report 2016 A NEW STRATEGY CUSTOMER-CENTRIC ORGANIZATION The Company’s philosophy is based on the awareness that customers and their interests are the key element around its business revolves and from which all actions stem. This humanis why Datalogic has changed its business model from a product-centric to a customer-centric organization. This was also intended to ensure the implementation of the new strategy set out during the year. Over the course of 45 years, Datalogic has successfully continued on the path of innovation, achieving outstanding results: In order to provide the best service and ensure a thorough understanding of the four main areas of operation, the 2,700 EMPLOYEES IN 30 COUNTRIES Company is now organized into four Industry Units, each corresponding to one of the main target sectors: 450 ENGINEERS WORKING IN THE NEW “DATALOGIC Manufacturing, Retail, Transport & Logistics, and Healthcare. LABS” IN BOLOGNA (ITALY), EUGENE (OREGON, USA) AND PASADENA (CALIFORNIA, USA) OBJECTIVES 1,200 PATENTS IN DIFFERENT JURISDICTIONS AND 300 Steady growth above market average and significant increase MORE PENDING in margins. 10 RESEARCH & DEVELOPMENT CENTRES IN ITALY, USA AND CHINA POSITIONING expansion Continue to be a product business with renewed emphasis PRODUCTION PLANTS IN ITALY, SLOVAKIA, HUNGARY AND on solutions that
Load more

Recommended publications
  • BOLOGNA, ITALY, JUNE 23/26, 2014 FINAL PROGRAM Technically Co
    BOLOGNA, ITALY, JUNE 23/26, 2014 FINAL PROGRAM Technically Co-Sponsored by the IEEE Communications Society 2014 NICATIONS B B O O 5 5 R L 0 R L 0 O O O O s s G O e G O e N a M N a M t A t s A s 2 1 23 JUNE 2014 1 S 4 G R 0 A O L s O I e L a M E t s I ON NETWOKS AND COMMU FL OOR PLA N EUROPEAN CONFERENCE ROOM DA VINCI 20 seats R O O 8 M 0 s M e a E t U s C C I M 5 A R 0 R O C s O O e a M N t I s 1 M 5 A R 0 R O C s O O e a M N t I s 2 2014 R O 3 O 0 M 0 s I e T a A t L s I NICATIONS A R 5 O 3 O 0 / M 8 5 E 0 U s R e O a P t s A 2 ON NETWOKS AND COMMU EUROPEAN CONFERENCE 2014 NICATIONS 26 JUNE B 1 - O 5 R 0 L O O s 25 O e G M - a N t A s 3 4 G R 0 A O L s O I e L a M E ON NETWOKS AND COMMU t s I FLOOR PLANS 24 EUROPEAN CONFERENCE ROOM DA VINCI 20 seats R O O 8 M 0 s M e a E t U s C C I R O O 1 M 2 0 M s A e R a t C s O N I 2014 R O 3 O 0 M 0 s I e T a A t L s I A NICATIONS R 5 3 O 0 O / 8 M 5 0 E 0 U R s O e a P t A s 4 ON NETWOKS AND COMMU EUROPEAN CONFERENCE EUROPEAN CONFERENCE ON NETWOKS AND COMMU NICATIONS 2014 Program SCHEDULE AT A GLANCE Monday 23 June Foyer Italia Bologna1 Bologna2 Marconi1 Marconi2 Meucci Da Vinci Galilei 08:00/09:00 W4 - W5 - Mobile W3 - A Global W6 - Test beds W7 - Fixed- Management of W8 - Advances in T1 - Indoor Cloud Perspective […] W2 - Enablers on for the Networks Mobile 09:00/10:40 Large Scale Wireless Body localization Infrastructures for Shaping the the road to 5G & Convergent Virtualized Area Networks and tracking and Services 5G Era Communications Networks Infrastructures 10:40/11:10 Coffee (Foyer Europa
    [Show full text]
  • STEFANO MATTOCCIA Associate Professor
    STEFANO MATTOCCIA Associate Professor, PhD Department of Computer Science and Engineering (DISI) School of Engineering and Architecture, University of Bologna Tel: +39 051 2093860, Fax: +39 051 2093869 Email: [email protected] Home page: http://www.vision.disi.unibo.it/smatt Google Scholar: https://scholar.google.com/citations?user=P954CG8AAAAJ&hl=en EDUCATION ● PhD in Computer Science Engineering, University of Bologna (2002) ● M.S. in Electronic Engineering, University of Bologna (1997) ACADEMIC POSITIONS ● Associate Professor, with scientific habilitation 09/H1 for the role of full professor, Department of Computer Science and Engineering, University of Bologna (Oct. 2015 – present) ● Assistant Professor, Department of Computer Science and Engineering, University of Bologna (Jan. 2004 – Sep. 2015) ● Postdoc Researcher, Department of Computer Science and Engineering, University of Bologna (Feb. 2002 – Dec. 2003) RESEARCH INTERESTS ● Computer vision ● 3D vision ● Machine-learning/deep-learning ● Depth and scene perception from stereo and monocular image ● Domain adaptation ● Embedded computer vision ● Depth sensors fusion RESEARCH GROUP I’m leading a research group, mostly focused on learning-based techniques for depth perception and other cues from images. Members: ● Dr Matteo Poggi, Postdoc researcher ● Fabio Tosi, 3nd year PhD student ● Filippo Aleotti, 3nd year PhD student ● Youmin Zhang, 1st year PhD student awarded with a grant from the China Scholarship Council ● Fan Rizhao, 1st year PhD student awarded with a grant from the China Scholarship Council ● Andrea Conti, Research Fellow/PhD student (Nov 1st 2021) ● Huan Li PhD student (Nov 1st 2021) ● Alessio Mingozzi, Research Fellow Supervised visiting PhD students from China, awarded with a grant from the China Scholarship Council (CSC): ● Chaoqiang Zhao, from East China University of Science and Technology, Shanghai (Oct.
    [Show full text]
  • Solution Guide DATALOGIC: a BUSINESS BUILT on INNOVATION
    AUTOMOTIVE Solution Guide DATALOGIC: A BUSINESS BUILT ON INNOVATION We use barcodes on a daily basis, in dozens of activities: sending a package or a certified letter; putting our luggage on the conveyor belt of an airport; making a purchase in a shop, in a pharmacy or in a supermarket; when we go for a blood test or if we are hospitalized. The use of barcodes is also widespread in major factory production processes: from the warehouse to production, to the movement of goods, along the entire value chain. Datalogic began its entrepreneurial adventure in 1972, when Dr. Romano Volta started developing and producing optical-electronic control appliances for the packaging, textile and ceramics sectors. Romano Volta sensed the revolutionary scope of the bar code and started developing a manual reader able to read it, combining electronics, mechanics, optics and information technology. In 1974 Datalogic brought this technology into the Retail world, in a supermarket in Troy, Ohio and then applied it to the whole industrial world, giving life to the only true Bar Code Company at a global level. Today, Datalogic is a global leader in the automatic data capture and process automation markets, specialized in the designing and production of: bar code readers; mobile computers; sensors for detection, measurement and safety; RFID, vision and laser marking systems. Datalogic solutions help to increase the efficiency and quality of processes in the Retail, Manufacturing, Transportation & Logistics and Healthcare industries, along the entire value chain. The world’s leading players in the four reference industries use Datalogic products, certain of the attention to the customer and of the quality of the products that the Group has been offering for over 47 years.
    [Show full text]
  • Consolidated Non-Financial Statement
    Consolidated non-financial statement CONTENTS Letter to Stakeholders 4 A year of sustainability 6 1. Our Group, history and vision 9 1.1. Our History 13 1.2. Products and applications 14 2. A robust organisational structure for responsible company management 21 2.1. Group Structure 23 2.2. Corporate Governance 24 2.3. Management Systems and ISO standards 26 2.4. Integrated risk management 27 2.5. Business conduct integrity 31 3. Innovative products in line with our customers' requirements 33 3.1. Disruptive innovation 35 3.2. Investments in innovation and R&D 38 3.3. Partnerships with Research Institutes 39 3.4. Quality and Safety of Products 40 3.5. Customer centricity 41 4. The Datalogic personnel 45 4.1. Our Group Human Capital 46 4.2. Talent enhancement 50 4.3. Skills development and professional growth 52 4.4. Worker health and safety 55 5. Strategic supply chain management 59 5.1. Our suppliers 60 6. Commitment to the environment 65 6.1. Environmental protection guaranteed by Datalogic 67 6.2. Energy consumption and emissions 68 More information 70 Methodological note 80 GRI Content Index 86 Consolidated non-financial statement 3 LETTER TO STAKEHOLDERS Dear readers, I am pleased to present to you, in its third edition, the reliability of the information provided to the Datalogic’s Consolidated Non-Financial Statement. corporate bodies and the market, compliance with This document gives us an opportunity to report the laws and regulations, and the ongoing pursuit our endeavours in the field of sustainability, carried of sustainability. out during 2019.
    [Show full text]
  • Datalogic Italy | Capital Goods
    1 October 2013 Company update Datalogic Italy | Capital goods Target price Current price Enrico Coco [email protected] (Buy) EUR 8.00 EUR 6.95 Buy +39 02 8550 7227 Well placed to grab growth opportunities Reuters DAL.MI Bloomberg DAL IM Following the presentation of its 2013-15 business plan, we confirm our Index DJ Stoxx 600 positive stance and EUR8.0 TP. We think the current price does not Market data adequately capture the group’s strong positioning and growth prospects. Market cap (EURm) 406 Buy. Free float 22% No. of shares outstanding (m) 58 Strategic guidelines of the 2013-15 plan Avg. daily trading volume('000) 16 YTD abs performance 5.2% Datalogic’s 2013-15 business plan has a rolling structure that extends the 52-week high (EUR) 7.09 time horizon to 2015 and factors in a worse market environment than the 52-week low (EUR) 5.56 scenario assumed last year. The main difference compared with the strategic guidelines of the earlier plan is the reduced focus on cost/ 8.0 efficiency issues and the increased emphasis on technological innovation 7.5 (focus on vision and imaging technology, higher R&D budget) and human resources. We think growth opportunities are significant, and the higher 7.0 focus on R&D and product innovation should protect the company’s long- term competitive positioning, hence creating value for shareholders. 6.5 Growth drivers 6.0 We think the group will benefit from the transition to data-rich barcodes 5.5 and the integration of vision technology, leveraging its leadership in POS Sep 12 Dec 12 Mar 13 Jun 13 Sep 13 Price DJ Stoxx 600 (rebased) checkout and industrial stationery scanners, while its low penetration of FY to 31/12 (EUR) 2013E 2014E 2015E emerging markets should support growth outperformance versus the Sales (m) 463.6 511.4 547.8 industry.
    [Show full text]
  • ANNOUNCES the ACQUISITION of DATASENSOR Spa, a COMPANY ACTIVE in the SECTOR of PHOTOELECTRIC SENSORS and DEVICES
    Press Release PRESS RELEASE DATALOGIC (Star: DAL.MI) ANNOUNCES THE ACQUISITION OF DATASENSOR SpA, A COMPANY ACTIVE IN THE SECTOR OF PHOTOELECTRIC SENSORS AND DEVICES. Bologna, 3rd October - Datalogic SpA – a company listed in the Star segment of the Milan Stock Exchange and a leader in the market for barcode readers, data collection mobile computers and RFID (radio frequency identification) systems – approved today the acquisition of DATASENSOR SpA (a company 100% owned by Hydra SpA, controlling shareholder of Datalogic SpA). The deal is of great industrial value as it will allow both the Datalogic Group and Datasensor to consolidate their respective market positions in the industrial automation sector. As the deal is between related parties, this press release has been prepared also in compliance with Article 71- bis of the Regulation implementing Italian Legislative Decree no. 58 of 24 February 1998 (the Italian Consolidated Law on Finance) which governs issuers, approved by the CONSOB (Italian securities & exchange commission) with its resolution no. 11971 of 14 May 1999 as subsequently amended and integrated. 1. CHARACTERISTICS, APPROACH, TERMS AND CONDITIONS OF DEAL The object of the deal is the transfer of shares representing 100% of the share capital of Datasensor SpA from Hydra SpA to Datalogic Automation Srl, a company directly and wholly owned by the Issuer. In this regard please note that the investment contract was signed today and, at the same time, were transferred 100% of shares of Datasensor SpA to Datalogic Group. Datalogic
    [Show full text]
  • Datalogic R&D
    Founded by Dr. Romano Volta in 1972, Datalogic is a global leader in the automatic data capture and process automation markets, specialized in the design and production of bar code readers, mobile computers, sensors for detection, measurement and safety, RFID vision and laser marking systems. Datalogic Dr. Romano Volta solutions help to increase Executive Chairman the efficiency and quality of processes in the Retail, Manufacturing, Transportation & Logistics and Healthcare industries, along the entire value chain. The world's leading players in the four reference industries use Datalogic products, certain of the attention to the customer and of the quality of the products that the Group has been offering for 45 years. Today Datalogic Group, headquartered in Bologna (Italy), employs approximately 3.000 staff worldwide, distributed in 30 countries, with manufacturing and repair facilities in the USA, Brazil, Italy, Slovakia, Hungary and Vietnam. In 2017 Datalogic had a turnover of 606 million Euros and invested over 55 million Euros in Research & Development, with an asset of more than 1.200 patents in multiple jurisdictions. Datalogic S.p.A. is listed in the STAR segment of the Italian Stock Exchange since 2001 as DAL.MI. 3.000 employees, in 30 countries 600 engineers engaged in R&D Over 1.200 patents 11 research and development centers in Italy, Germany, USA, China and Vietnam Almost 10 % of revenues invested in R&D Manufacturing and Repair Facilities in Hungary, Slovakia, Italy, Usa, Vietnam and Brazil Worldwide technical assistance
    [Show full text]
  • Quarterly Financial Report
    Official Documents are in Italian Quarterly Financial Report th at 30 September 2017 DATALOGIC GROUP Quarterly Financial Report at 30th September 2017 GROUP STRUCTURE pag. 1 COMPOSITION OF CORPORATE BODIES pag. 2 MANAGEMENT REPORT pag. 3 CONSOLIDATED FINANCIAL STATEMENTS Statement of financial position - assets pag. 16 Statement of financial position - liabilities pag. 17 Statement of income pag. 18 Statement of comprehensive income pag. 19 Statement of cash flow pag. 20 Statement of shareholders’ equity pag. 21 EXPLANATORY NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Presentation and content pag. 22 Information on the statement of financial position pag. 26 Information on the statement of income pag. 46 ANNEX 1. 2016 Restated consolidated statement of income 2. Declaration pursuant to Art. 154-bis, pars. 2, Legislative Decree 58/1998 DATALOGIC S.p.A. (46,1%) Datalogic Real Estate UK Ltd (100%) CAEN RFID S.r.l. (20%) Datalogic IP Tech S.r.l. (53,9%) Soredi Touch Systems GmbH Datalogic S.r.I (100%) (100%) Datalogic Real Estate France Sas (100%) Datalogic S.r.l. UK Datalogic Real Estate GmbH Specialvideo S.r.l. (100%) (40%) Datalogic S.r.l. Datalogic (Shenzhen) Datalogic Singapore Datalogic Australia Datalogic Vietnam LLC Datalogic USA, Inc. [Succursale en France] (100%) Industrial Automation Asia Pacific Pte. Ltd. Pty Ltd. (100%) Datasensor Gmbh Co., Ltd. (100%) (100%) (30%) (100%) Datalogic S.r.l. Ireland Datalogic Slovakia S.r.o. (100%) Datalogic Automation AB Datalogic [Sweden] Tecnologías de México, (20%) S. de R.L. de C.V . (0,001%) Datalogic S.r.l. (99,99%) Sucursal en España Datalogic Hungary Kft.
    [Show full text]
  • RIDA™ DBT6400 Pocket Handheld Imager Scanner with Bluetooth® Wireless Technology
    RIDA™ DBT6400 Pocket Handheld Imager Scanner with Bluetooth® Wireless Technology Product Reference Guide Datalogic USA Inc. 959 Terry Street Eugene, OR 97402 U.S.A. Telephone: (541) 683-5700 Fax: (541) 345-7140 ©2016-2017 Datalogic S.p.A. and/or its affiliates An Unpublished Work - All rights reserved. No part of the contents of this documentation or the procedures described therein may be reproduced or transmitted in any form or by any means without prior written permission of Datalogic USA Inc. or its subsidiaries or affiliates (“Datalogic” or “Datalogic USA”). Owners of Datalogic products are hereby granted a non-exclusive, revocable license to reproduce and transmit this documentation for the purchaser's own internal business purposes. Purchaser shall not remove or alter any proprietary notices, including copyright notices, contained in this documentation and shall ensure that all notices appear on any reproductions of the documentation. Should future revisions of this manual be published, you can acquire printed versions by contacting your Datalogic representative. Electronic versions may either be downloadable from the Datalogic website (www.datalogic.com) or provided on appropriate media. If you visit our website and would like to make comments or suggestions about this or other Datalogic publications, please let us know via the "Contact Datalogic" page. Disclaimer Datalogic has taken reasonable measures to provide information in this manual that is complete and accurate, however, Datalogic reserves the right to change any specification at any time without prior notice. Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S.
    [Show full text]
  • Datalogic S.P.A. Annual Report on Corporate
    DATALOGIC S.P.A. ANNUAL REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURES 2015 Board of Directors 4 March 2016 0 GLOSSARY Corporate Governance Code: the Corporate Governance Code approved in July 2015 by the Corporate Governance Committee and sponsored by Borsa Italiana S.p.A., ABI, Ania, Assogestioni, Assonime and Confindustria. C.C.: Italian Civil Code. Board: the Board of Directors of the Issuer. Reporting date: 4 March 2016. Datalogic/Company/Issuer: Datalogic S.p.A. Consob Issuers’ Regulation: Regulation issued by Consob under Consob Resolution 11971/1999 (and amendments thereto) governing issuers. Consob Market Regulation: Regulation issued by Consob under Consob Resolution 16191/2007 (and amendments thereto) governing markets. Consob Regulation on Related-Party Transactions: Regulation issued by Consob under Consob Resolution 17221 of 12 March 2010 (and amendments thereto) governing transactions with related parties. Report: Report on Corporate Governance and Ownership Structures of Datalogic, prepared in accordance with and for the purposes of article 123-bis of the Consolidated Law on Finance. Consolidated Law on Finance: Italian legislative decree 58 of 24 February 1998 (and amendments thereto). 1 CONTENTS 1. ISSUER PROFILE .......................................................................................................................................................... 4 2. INFORMATION ON OWNERSHIP STRUCTURES ........................................................................................... 6 3. COMPLIANCE
    [Show full text]
  • Datalogic CEO Leads Company Into New Era AB&R Appoints Dino
    1572 Kuntz Road ■ Erie, PA 16509 ■ PH (814) 866-1146 ■ http://www.scandcr.com May 25, 2007 THIS JUST IN! Datalogic CEO Leads Company Into New Era AB&R Appoints Dino As of April 2, Datalogic SpA officially completed its Farfante President/COO business transformation into four autonomous companies [See SCAN/DCR 4/13/07]. The Datalogic Group’s new On May 11, American Barcode and organizational structure is now operational with the RFID Inc. (AB&R) announced that Dino former business units acting as separate entities: Farfante has joined the company as Datalogic Scanning, Datalogic Automation, and president and Chief Operating Officer. Datalogic Mobile. Company CEO Roberto Tunioli, along Farfante was formerly president of Insight with the help of his key advisers and the Datalogic Board, Direct Worldwide and has been a was responsible for the strategy behind the restructuring. business partner and member of the Board of Directors of AB&R since May In a recent conversation with the 2006. visionary leader, he explained why he favors his strategy over the seemingly “Dino's extensive contradictory strategies being experience in managing implemented by some of his the growth of large competitors. “Often, we hear about organizations, leading companies trying to be a one-stop- proactive sales and shop for AIDC technologies,” Tunioli marketing models, and told SCAN/DCR. “Certainly, we’ve seen executing strategic this in companies like the former initiatives will significantly Symbol—now Motorola—and strengthen AB&R's Roberto Tunioli, Intermec. But, managing a company vice chairman/CEO, like that is difficult. You almost have to management team,” said Datalogic SpA.
    [Show full text]
  • Dr. Romano Volta.Qxd
    1572 Kuntz Road ■ Erie, PA 16509 ■ PH (814) 866-1146 ■ http://www.scandcr.com April 12, 2013 Special SCAN: The DATA CAPTURE Report Reprint Datalogic Founder/CEO Talks with my life, just as I had done in school and this brought with it pressure as well as challenges. The About Past 40 Years energy, then, was typical for the beginnings of a new business, with outlines and outcomes undefined. You As Datalogic SpA turns 40, we were fortunate know how it is when you are young, with nothing to enough to speak with the man who started it all: Dr. lose; you are always ready to throw yourself Romano Volta. Volta helped pioneer AIDC fearlessly into things. And that is what I was technology, invented a number of key technologies, encouraged to do and indeed did." and has built a global empire. Recently, upon the departure of Mauro Sacchetto, SCAN/DCR: Can you share with our readers how Volta was drawn back into the you got involved in automatic identification and data position of CEO. In this article, caption (AIDC)? we hear about Volta’s life, his motivation, his ambition, and his Volta: Bologna is at the heart of what is known as vision of Datalogic’s future. the 'packaging valley.' Here we have the greatest concentration of companies producing packaging SCAN/DCR: Dr. Volta, it is an machines: one product in three sold throughout the honor to have the opportunity to world—from food to pharmaceuticals, cosmetics to write a story about your life. First, tobacco—is packaged by machines made in can you give us a little Bologna.
    [Show full text]