Datalogic (DAL) Q4 2024 earnings summary

Executive summary

• 2024 revenue reached €493.8 million, down 4.8% year-over-year, but Q4 revenue rose 10.5% to €127.4 million compared to Q4 2023.

• Adjusted EBITDA margin for 2024 was 9.0% (€44.5 million), with Q4 margin at 13.1% (€16.7 million).

• Net profit for 2024 increased to €13.7 million from €9.5 million in 2023.

• Net financial debt improved significantly to €9.5 million from €35.3 million at year-end 2023.

• Board proposes a dividend of €0.12 per share.

Financial highlights

• Gross margin improved to 44.5% in Q4, up 140 bps year-over-year.

• Adjusted EBIT for 2024 was €10.9 million (2.2% of revenue), down from €13.6 million in 2023.

• Net trade working capital at year-end was €64.4 million, 13.0% of sales.

• Net invested capital decreased to €440.6 million.

Outlook and guidance

• 2025 expected to remain challenging due to global trade, geopolitical, and macroeconomic uncertainties.

• Anticipates growth in revenue and profitability in 2025, driven by Data Capture and a recovery in Industrial Automation, especially in H2.

• Continued investment in R&D and AI-based products expected to support structural growth.