Home » Datalogic unstoppable (+ 13%) on the Stock Exchange with quarterly reports beyond expectations

Datalogic unstoppable (+ 13%) on the Stock Exchange with quarterly reports beyond expectations

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Datalogic Rally in Piazza Affari, with the title jumping by about 13% to 18.92 euros (on the highs of the day). The better-than-expected quarterly results and the prospects for 2021 ignite the bullish fuse. In particular, the group closed the first quarter with revenues up 13.6% to 135.4 million euros, a net profit of 9 million and with an adjusted Ebitda tripled to 21.6 million compared to the first quarter of 2020.

The Bolognese company looks forward to the entire year with confidence. “The growth forecasts for the year 2021 remain positive and double-digit, in a range between 16% and 20% compared to 2020 – reads the note -. The Group continues to balance investments and cost control based on the evolution of the markets and the inflationary trend, induced by the insufficient availability of components, without neglecting the strategic product development roadmap. Although the recovery in volumes may make it necessary to invest in strategic and operational resources, for the current year the group maintains the objective of improving Ebitda between 2 and 3 points compared to 2020 “.

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