Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 1
Consolidated Half -Year
Financial Report
at June 30, 2026
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 2
TABLE OF CONTENTS
GROUP STRUCTURE 3
COMPOSITION OF CORPORATE BODIES 4
REPORT ON OPERATIONS 5
CONSOLIDATED STATEMENTS 16
Consolidated Statement of Financial Position
Consolidated Income Statement
Consolidated Statement of Comprehensive Income
Consolidated Statement of Cash Flows
Consolidated Statement of Changes in Equity
EXPLANATORY NOTES TO THE CONSOLIDATED STATEMENTS 23
Information on the Statement of Financial Position
Information on the Income Statement
ANNEXES
Certification by the Manager responsible for the preparation of the Company’s financial reports Consolidation scope Reconciliation of Alternative Performance Measures Restatement 2025
DISCLAIMER
This document contains forward -looking statements relating to future events and operating, income and financial results of the Group. These forecasts have by nature an element of risk and uncertainty, as they depend on the materialisation of future events and developments. Actual results may differ even significantly from those disclosed due to a variety of factors, most of which beyond the Group's control.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 3
GROUP STRUCTURE
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 4
COMPOSITION OF CORPORATE BODIES
Board of Directors (1) Romano Volta Executive Chairman (2) Valentina Volta Chief Executive Officer (2) Angelo Manaresi Independent Director Chiara Giovannucci Orlandi Independent Director Filippo Maria Volta Non -Executive Director Vera Negri Zamagni Independent Director Valentina Beatrice Manfredi Independent Director
Board of Statutory Auditors (3)
Diana Rizzo Chair Anna Maria Bortolotti Standing Auditor Giancarlo Strada Standing Auditor
Giulia De Martino Alternate Auditor Eugenio Burani Alternate Auditor Patrizia Cornale Alternate Auditor
Control, Risk, Remuneration, Appointments and Sustainability Committee Angelo Manaresi Chairman Chiara Giovannucci Orlandi Independent Director Vera Negri Zamagni Independent Director
Independent Auditors (4) Deloitte & Touche S.p.A.
(1) The Board of Directors will remain in office until the Shareholders’ Meeting called to approve the financial statements a t December 31, 2026.
(2) Legal representative before third parties.
(3) The Board of Statutory Auditors will remain in office until the Shareholders’ Meeting called to approve the financial sta tements at December 31, 2027.
(4) Deloitte & Touche S.p.A. were appointed Independent Auditors for the nine -year period from 2019 to 2027 by the Shareholders’ Meeting held on April 30, 2019 and will remain in office until the Shareholders’ Meeting called to approve the financial statements at December 31, 2027.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 5
Report on
Operations
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 6
REPORT ON OPERATIONS
INTRODUCTION
This Consolidated Half -Year Financial Report at June 30, 2026 was prepared in accordance with Article 154 -ter of the TUF (Consolidated Law on Finance) and was drawn up in compliance with the International Accounting Standards (IAS/IFRS) adopted by the European Union.
The amounts shown in the tables of the Report on Operations are expressed in Euro thousands, while the explanatory
notes
are expressed in Euro millions.
GROUP PROFILE
Datalogic S.p.A. and its subsidiaries ("Group" or "Datalogic Group") is a global technological leader in the automatic data capture and process automation markets. The Group is specialised in the design and production of barcode readers, mobile computers, detection, measurement and safety sensors, vision and laser marking systems and RFID. Its pioneering solutions help increase the efficiency and quality of processes along the entire value chain in the Retail, Manufacturing, Transportation & Logistics and H ealthcare segments.
ALTERNATIVE PERFORMANCE MEASURES (NON -GAAP MEASURES)
Management uses certain performance measures, not identified as accounting measures under IFRS (NON -GAAP measures), to provide a clearer picture of the Group’s performance. The measurement criterion applied by the Group might not be the same as the one ado pted by other Groups and the measures might not be comparable with theirs.
These performance measures, determined according to provisions set out by the Guidelines on performance measures, issued by ESMA/2015/1415 and adopted by CONSOB with Communication n o. 92543 of December 3, 2015, refer only to the performance of the period related to this Consolidated Half -Year Financial Report and the comparison periods.
The performance measures must be considered as supplementary and do not supersede the information provided under the IFRS standards. The main measures adopted are described below.
▪ Special Items (or Non -Recurring Costs) : income items arising from non -recurring events or transactions, restructuring activities, business reorganisation, write -downs of fixed assets, ancillary expense from acquisitions of businesses or companies or their disposals, including amortisation result ing from the recognition of purchase price allocation, and any other event deemed by Management not to represent current business activity.
▪ EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) : profit/(loss) for the period from continuing operations before depreciation and amortisation of tangible and intangible fixed assets and rights of use, financials (including foreign exchange income and expense) and income tax.
▪ Adjusted EBITDA : profit/(loss) for the period from continuing operations before depreciation and amortisation of tangible and intangible fixed assets and rights of use, financials (including foreign exchange income and expense), income tax and Special Items, as defined ab ove.
▪ EBIT (Earnings Before Interest, Taxes) or Operating Result : profit/(loss) for the period from continuing operations before financials (including foreign exchange income and expense) and income tax.
▪ Adjusted EBIT or Operating Result : profit/(loss) for the period from continuing operations before financials (including foreign exchange income and expense), income tax and Special Items, as defined above.
▪ Net Trade Working Capital : the sum of Inventory and Trade Receivables, less Trade Payables.
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DATALOGIC GROUP 7
▪ Net Working Capital : the sum of Net Trade Working Capital and Other Current Assets and Liabilities including Provisions for Current Risks and Charges.
▪ Net Invested Capital : the total of Current and Non -Current Assets, excluding financial assets, less Current and Non -
Current Liabilities, excluding financial liabilities.
▪ NFP (Net Financial Position or Net Financial Debt) : calculated in accordance with the provisions of “Warning Notice no. 5/21” of April 29, 2021 issued by CONSOB and referring to ESMA guideline 32 -382-1138 of March 4, 2021.
▪ Cash Flow from Operations : the sum of Adjusted EBITDA, changes in Net Trade Working Capital, expenditure in tangible and intangible fixed assets (excluding fixed assets under right of use recognised during the period according to IFRS 16), tax paid, financial expense/income, changes in Other Current Assets and Liabilities, and Special Items, as defined above, while excluding any other changes related to equity (such as dividend distributions and/or the purchase of treasury shares), to transactions of an extraordinary nature, the repa yment and/or taking out of bank loans and/or other financial items in the NFP, and any other transaction that cannot be directly attributed to the company's business operations.
PERIOD HIGHLIGHTS
To provide a better presentation of the Group’s operating results, starting from this Consolidated Half -Year Financial Report at June 30, 2026, revenue from the sale of Scan Engines to ODMs (Original Design Manufacturers), which assemble these Scan Engines into finished products that they subsequently sell to Group companies, is recognised as a reduction in Cost of goods sold rather than as Revenue. This reclassification has no effect on either operating profit or on operating results, which remain unchange d in absolute terms. The comparative figures for the prior year were restated in line with the new classification.
The following table summarises the Datalogic Group’s key income and financial results at June 30, 2026 versus the same period of the prior year.
30.06.2026 % on
Revenue 30.06.2025
Restated % on Revenue Change % chg. % chg.
net FX
Revenue 248,436 100.0% 239,620 100.0% 8,816 3.7% 6.2% Adjusted EBITDA 16,652 6.7% 20,758 8.7% (4,106) -19.8% -30.9% Adjusted EBIT 625 0.3% 4,655 1.9% (4,030) -86.6% n.a.
EBIT (2,170) -0.9% (2,349) -1.0% 179 -7.6% 92.4%
Profit/(Loss) for the period (3,342) -1.3% (755) -0.3% (2,587) 342.6% 654.0% Net financial position (NFP) (25,840) (18,260) (7,580)
The Group closed the first half with Revenue from sales of €248.4 million, up 3.7% current FX and 6.2% net FX versus the first half of the prior year.
Sales from new products (Vitality Index ) in first half 2026 represented 21.3% of revenue (23.5% in first half 2025).
Adjusted EBITDA came to €16.7 million, down from €20.8 million in the same period of the prior year, accounting for 6.7% of sales (8.7% in first half 2025).
Adjusted EBIT came to €0.6 million (€4.7 million in first half 2025).
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 8
The net loss for the period amounted to €3.3 million versus a net loss of €0.8 million in first half 2025.
Net Financial Debt at June 30, 2026 stood at €25.8 million, increasing by €11.0 million versus December 31, 2025 and by €7.6 million versus June 30, 2025.
REVENUE PERFORMANCE
The breakdown by geographical area of Group revenue for the period, versus the same period of the prior year, is shown in the table below:
30.06.2026 % 30.06.2025 Restated % Change % chg. % chg. net FX Italy 25,045 10.1% 23,275 9.7% 1,770 7.6% 7.6% EMEAI (excluding Italy) 131,197 52.8% 120,468 50.3% 10,729 8.9% 9.5% Total EMEAI 156,242 62.9% 143,743 60.0% 12,499 8.7% 9.2% Americas 63,864 25.7% 72,789 30.4% (8,925) -12.3% -6.3%
APAC 28,331 11.4% 23,088 9.6% 5,243 22.7% 26.0%
Total revenue 248,436 100.0% 239,620 100.0% 8,816 3.7% 6.2%
EMEAI increased by 8.7% in the first half, with Italy up 7.6%; Americas declined by 12.3%, while APAC recorded strong growth (+22.7%, +26.0% net FX) versus the same period of the prior year.
To better align with its strategic goals and prioritise product and solution offerings, the Group identifies two Market Segments, which feature distinct sales models, customers with varying purchasing needs, and different stakeholders:
Data Capture and Ind ustrial Automation.
The following is a breakdown of Group revenue split up by these market segments:
30.06.2026 % 30.06.2025 Restated % Change % chg. % chg. net FX Data Capture 164,169 66.1% 159,938 66.7% 4,232 2.6% 5.5% Industrial Automation 84,267 33.9% 79,682 33.3% 4,585 5.8% 7.2% Total revenue 248,436 100.0% 239,620 100.0% 8,816 3.7% 6.2%
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DATALOGIC GROUP 9
▪ Data Capture
The Data Capture segment increased by 2.6% versus the same period of the prior year, driven by strong growth in APAC and EMEAI, partly offset by a decline in Americas.
▪ Industrial Automation
The Industrial Automation segment increased by 5.8% versus the same period of the prior year , driven particularly by Logistic Automation applications. Performance across the various geographies was similar to that of the Data Capture segment, with growth in EMEAI and APAC partly offset by a decline in Americas.
GROUP RECLASSIFIED INCOME RESULTS
The table below shows the main income items of the period versus the same period of the prior year:
30.06.2026 30.06.2025
Restated Change % chg.
Revenue 248,436 100.0% 239,620 100.0% 8,816 3.7% Cost of goods sold (140,702) -56.6% (136,146) -56.8% (4,556) 3.3% Gross Operating Margin 107,734 43.4% 103,474 43.2% 4,260 4.1% Research and Development expense (37,647) -15.2% (33,063) -13.8% (4,584) 13.9% Distribution expense (48,398) -19.5% (44,198) -18.4% (4,200) 9.5% Administrative and General Expense (21,045) -8.5% (21,764) -9.1% 719 -3.3% Other (expense) income (19) 0.0% 206 0.1% (225) n.a.
Total operating costs and other expense (107,109) -43.1% (98,819) -41.2% (8,290) 8.4% Adjusted EBIT 625 0.3% 4,655 1.9% (4,030) -86.6% Special Items - Other (Expense) and Income (1,070) -0.4% (4,658) -1.9% 3,588 -77.0% Special Items - D&A from acquisitions (1,725) -0.7% (2,346) -1.0% 621 -26.5%
EBIT (2,170) -0.9% (2,349) -1.0% 179 -7.6%
Net financials (1,172) -0.5% 1,594 0.7% (2,766) n.a.
EBT (3,342) -1.3% (755) -0.3% (2,587) 342.6%
Tax - 0.0% - 0.0% - n.a.
Profit/(Loss) for the period (3,342) -1.3% (755) -0.3% (2,587) 342.6%
EBIT (2,170) -0.9% (2,349) -1.0% 179 -7.6%
Special Items - Other (Expense) and Income 1,070 0.4% 4,658 1.9% (3,588) -77.0% Special Items - D&A from acquisitions 1,725 0.7% 2,346 1.0% (621) -26.5% Depreciation Tang. Fixed Assets and Rights of Use 6,313 2.5% 7,003 2.9% (690) -9.9% Amortisation Intang. Fixed Assets 9,714 3.9% 9,100 3.8% 614 6.7% Adjusted EBITDA 16,652 6.7% 20,758 8.7% (4,106) -19.8%
The Gross Operating Margin, amounting to €107.7 million, increased by €4.3 million versus €103.4 million in first half 2025. Its share of sales increased slightly to 43.4% versus 43.2% in the comparison period, due mainly to the positive
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 10
effect of higher volumes and the refund of US import tariffs, partly offset by an adverse mix and higher costs for certain electronic product components.
Operating costs and other expense , at €107.1 million (€98.8 million at June 30, 2025), increased by €8.3 million in absolute terms and by 1.9 percentage points as a proportion of sales.
Research and Development expense , amounting to €37.6 million, increased by 13.9%. Total monetary costs in R&D, i.e., before capitalisation and net of amortisation and depreciation (R&D Cash Out), amounted to €33.8 million (€32.8 million in the first half of the prior year), with a percentage of sales of 13.6% (13.7% in the same period o f 2025) .
Distribution expense amounted to €48.4 million, up 9.5% versus the same period of 2025, and accounted for 19.5% of revenue (18.4% in the first half of the prior year).
Administrative and General Expense , equal to €21.0 million, decreased by 3.3% versus the same period of 2025; as a percentage of sales, it declined to 8.5% versus 9.1% in first half 2025.
Net financials came to negative €1.2 million (positive €1.6 million in first half 2025).
INCOME RESULTS OF THE SECOND QUARTER
The following statement summarises the Datalogic Group’s key income and financial results of second quarter 2026 versus the same period of the prior year.
Quarter ended
30.06.2026 % on
Revenue 30.06.2025
Restated % on Revenue Change % chg. % chg. net FX Revenue 129,217 100.0% 127,484 100.0% 1,733 1.4% 2.1% Adjusted EBITDA 12,315 9.5% 14,004 11.0% (1,689) -12.1% -15.7% Adjusted EBIT 3,816 3.0% 6,008 4.7% (2,192) -36.5% -43.5%
EBIT 1,971 1.5% 3,841 3.0% (1,870) -48.7% -59.6%
Profit/(Loss) for the period 2,333 1.8% 5,101 4.0% (2,768) -54.3% -62.5%
REVENUE PERFORMANCE
The breakdown by geographical area of Group revenue in the second quarter, versus the same period of the prior year, is shown in the table below:
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 11
Quarter ended
30.06.2026 % 30.06.2025 Restated % Change % chg. % chg. net FX Italy 12,961 10.0% 11,853 9.3% 1,107 9.3% 9.4% EMEAI (excluding Italy) 68,194 52.8% 60,150 47.2% 8,044 13.4% 13.6% Total EMEAI 81,155 62.8% 72,003 56.5% 9,152 12.7% 12.9% Americas 31,780 24.6% 42,443 33.3% (10,663) -25.1% -23.2%
APAC 16,282 12.6% 13,038 10.2% 3,244 24.9% 24.1%
Total revenue 129,217 100.0% 127,484 100.0% 1,733 1.4% 2.1%
The following is a breakdown of Group revenue by market segment:
Quarter ended
30.06.2026 % 30.06.2025 Restated % Change % chg. % chg.
net FX
Data Capture 84,528 65.4% 85,594 67.1% (1,065) -1.2% -0.4% Industrial Automation 44,689 34.6% 41,890 32.9% 2,799 6.7% 6.9% Total revenue 129,217 100.0% 127,484 100.0% 1,733 1.4% 2.1%
▪ Data Capture The Data Capture segment, accounting for 65.4% of sales (67.1% in second quarter 2025), declined by 1.2% versus the same period of 2025 ( -0.4% net FX), with positive performance in APAC and EMEAI and a decline in Americas.
▪ Industrial Automation In second quarter 2026, the Industrial Automation segment grew by 6.7% (+6.9% net FX) versus second quarter 2025, with growth across all geographies, particularly in Logistic Automation applications.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 12
GROUP RECLASSIFIED STATEMENT OF FINANCIAL POSITION FOR THE PERIOD
The following table shows the main financial and equity items at June 30, 2026 versus December 31, 2025.
30.06.2026 31.12.2025 Change % chg.
Intangible fixed assets 74,866 80,115 (5,249) -6.6% Goodwill 188,547 183,600 4,947 2.7% Tangible fixed assets and rights of use 103,030 96,994 6,036 6.2% Financial assets and investments in associates 3,925 3,697 228 6.2% Other fixed assets 66,131 64,363 1,768 2.7% Fixed Assets 436,499 428,769 7,730 1.8% Trade receivables 77,046 81,259 (4,213) -5.2% Trade payables (124,119) (116,616) (7,503) 6.4% Inventory 120,958 97,233 23,725 24.4% Net Trade Working Capital 73,885 61,876 12,009 19.4% Other current assets 36,321 35,804 517 1.4% Other liabilities and provisions for current risks (68,417) (59,137) (9,280) 15.7% Net Working Capital 41,789 38,543 3,246 8.4% Other non -current liabilities (49,618) (48,730) (888) 1.8% Post -employment benefits (4,854) (4,894) 40 -0.8% Provisions for non -current risks (3,595) (3,119) (476) 15.3% Net Invested Capital 420,221 410,569 9,652 2.4% Equity (394,381) (395,715) 1,334 -0.3% Net financial position (NFP) (25,840) (14,854) (10,986) 74.0%
Net Invested Capital , equal to €420.2 million (€410.6 million at December 31, 2025), increased by €9.7 million, attributable mainly to the increase in Net Trade Working Capital, detailed below.
Fixed Assets amounted to €436.5 million (€428.8 million at December 31, 2025), increasing by €7.7 million, attributable mainly to expenditure in tangible fixed assets made during the period and the positive change in Goodwill due to the depreciation of the Euro against the US dollar.
Net Trade Working Capital amounted to €73.9 million, up €12.0 million versus December 31, 2025, due to the increase in inventory, partly offset by the decrease in trade receivables and the increase in trade payables; as a percentage of sales, it increased from 12.5% at December 31, 2025 to 14.6%.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 13
The Net Financial Position stood at negative €25.8 million (negative €14.9 million at December 31, 2025) as shown
below:
30.06.2026 31.12.2025
A. Cash funds 88,076 67,395 B. Cash equivalents 254 40,000 C. Other current financial assets 91 25 D. Liquid assets (A) + (B) + (C) 88,421 107,420 E. Current financial debt 2,936 3,445 E1. of which lease payables 2,686 2,686 F. Current portion of non -current financial debt 14,026 14,071 G. Current Financial Debt (E) + (F) 16,961 17,516 H. Current Net Financial Debt (Financial Position) (G) - (D) (71,460) (89,904) I. Non -current financial debt 97,300 104,758 I1. of which lease payables 3,749 4,170 J. Debt instruments - -
K. Trade and other non -current payables - -
L. Non -Current Financial Debt (I) + (J) + (K) 97,300 104,758 M. Total Net Financial Debt/(Net Financial Position) (H) + (L) 25,840 14,854
The cash flows that led to the change in the consolidated Net Financial Position from the beginning of the period are
detailed below:
30.06.2026
Net financial position (Financial debt) beginning of period (14,854) Adjusted EBITDA 16,652 Change in net trade working capital (12,009) Other changes in net working capital and special items 4,396 Capital expenditure (15,840) Income tax paid (3,044) Net financial income (expense) (1,172) Cash Flow from Operations (11,016) Other changes 30 Change in Net Financial Position (10,986) Net financial position (financial debt) end of period (25,840)
At June 30, 2026, the Group had outstanding financial credit lines of approximately €301.0 million, of which approximately €208.0 million committed. Undrawn and readily available financial lines amounted to €193 million.
Indirect and conditional debt at June 30, 2026 is represented exclusively by the Group's provision for post -employment benefits of €4.9 million.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 14
SIGNIFICANT EVENTS IN THE PERIOD
On May 29, 2026, Hydra Investimenti S.p.A., a company wholly owned by Hydra S.p.A., Datalogic S.p.A.’s majority shareholder, launched a voluntary full public tender offer for Datalogic ordinary shares. At its meeting on June 26, 2026, the Company’s Board of Directors approved the press release (the “Issuer’s Press Release”), prepared pursuant to Article 103, paragraph 3, of Legislative Decree No. 58 of February 24, 1998, as subsequently amended and supplemented (the “TUF”), and Article 39 of the Regulation adopted by CONSOB Resolution No. 11971 of May 14, 1999, as subsequently amended and supplemented (the “Issuer Regulation”). Among other matters, the Issuer’s Press Release contains the Board of Directors’ reasoned assessment of the Offer and the fairness of the related consideration.
For the purposes of approving the Issuer’s Press Release, the Board of Directors considered, among other matters: (i ) the opinion issued by the Company’s independent Directors on June 26, 2026 pursuant to Article 39 -bis of the Issuer Regulation (the “Opinion of the Independent Directors”); (ii) the fairness opinion on the financial fairness of the consideration offered by the Offeror under the Offer, issued by Nomura Financial Products Europe GmbH, Italian Branch, as independent expert appointed by the Company’s independent directors; and (iii) the fairness opinion on the financial fairness of the consideration offered b y the Offeror under the Offer, issued by Equita SIM S.p.A., as independent expert appointed by the Board of Directors.
The Company’s Board of Directors therefore resolved that the consideration provided for under the Offer was fair from a financial standpoint.
EVENTS AFTER THE END OF THE PERIOD
On July 21, the Offeror, Hydra Investimenti S.p.A., announced that, based on the final results, at the Payment Date the Offeror, together with the Persons Acting in Concert, would hold a total of 55,847,355 Shares, representing 95.55% of Datalogic’s share capital, in the absence of any further purc hases of Shares that the Offeror reserves the right to make.
In light of the final results of the Offer, the legal conditions have been met for the exercise of the Squeeze -Out Right, which the Offeror stated in the Offer Document that it intended to exercise, and for fulfilment of the Purchase Obligation pursuant to Article 108, paragraph 1, of the TUF in relation to the remaining 2,599,136 Shares, equal to 4.45% of the Issuer’s share capital, or the lower number of Issuer Shares resulting from purchases that may be made by the Offeror up to the Delisting Date (the “ Remaining Shares”). The Offeror will exercise the Squeeze -Out Right pursuant to Article 111 of the TUF and, at the same time, fulfil the Purchase Obligation pursuant to Article 108, paragraph 1, of the TUF in respect of the Shareholders who have requested it, thereby implementing a single procedure, the terms and conditions of which will be agreed with CONSOB and Borsa Italiana pursuant to the Issuer Regulation (the “Joint Procedure”), covering all the Remaining Shares.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 15
BUSINESS OUTLOOK
Despite a complex and highly uncertain geopolitical and market environment, demand across the Group’s end markets continues to trend upward. The positive sales and order intake trend supports the forecast for revenue growth this year, while the ability to maintain profit margins in line with the prior year will depend largely on whether the measures taken to restore profitability can offset rising material and logistics costs, which remain subject to significant inflationary pressure.
SECONDARY LOCATIONS
The Parent Company has no secondary locations.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 16
Consolidated
Statements
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 17
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSETS (Euro/000) Notes 30.06.2026 31.12.2025 A) Non -current assets (1+2+3+4+5+6+7) 436,499 428,769 1) Tangible fixed assets 95,901 89,480 Land 1 14,004 13,827 Buildings 1 48,736 48,030 Other assets 1 23,841 23,143 Fixed assets under construction and advances 1 9,320 4,480 2) Intangible fixed assets 263,413 263,715 Goodwill 2 188,547 183,600 Development costs 2 46,414 41,951 Other 2 23,149 25,528 Fixed assets under construction and advances 2 5,303 12,636 3) Right of use fixed assets 3 7,129 7,514 4) Investments in associates 4 882 828 5) Non -current financial assets 5 3,043 2,869 6) Trade and other receivables 6 606 514 7) Deferred tax assets 12 65,525 63,849 B) Current assets (8+9+10+11+12) 322,746 321,716 8) Inventory 120,958 97,233 Raw and ancillary materials and consumables 8 54,817 41,951 Work in progress and semi -finished products 8 24,598 23,696 Finished products and goods 8 41,543 31,586 9) Trade and other receivables 104,740 108,580 Trade receivables 7 77,046 81,259 of which associates 7 1,187 1,441 of which related parties 7 14 12 Other receivables, accrued income and deferred expense 7 27,694 27,321 10) Tax receivables 9 8,627 8,483 11) Current financial receivables 6 91 25 12) Cash and cash equivalents 88,330 107,395 Total Assets (A+B) 759,245 750,485
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 18
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
LIABILITIES (Euro/000) Notes 30.06.2026 31.12.2025 A) Total Equity (1+2+3+4+5+6) 10 394,381 395,715 1) Share capital 10 30,392 30,392 2) Reserves 10 82,562 74,410 3) Retained earnings (losses) 10 282,063 280,332 4) Profit (loss) for the period 10 (3,363) 8,036 5) Group Equity 10 391,654 393,170 Profit (loss) for the period attributable to non -controlling interests 10 21 (358) Share capital attributable to non -controlling interests 10 2,706 2,903 6) Equity attributable to non -controlling interests 10 2,727 2,545 B) Non -current liabilities (7+8+9+10+11+12) 155,367 161,501 7) Non -current financial payables 11 97,300 104,758 8) Tax payables 9 - 313 9) Deferred tax liabilities 12 24,412 23,938 10) Provisions for post -employment and retirement benefits 13 4,854 4,894 11) Provisions for non -current risks and charges 14 3,595 3,119 12) Other liabilities 15 25,206 24,479 C) Current liabilities (13+14+15+16) 209,497 193,269 13) Trade and other payables 184,294 163,246 Trade payables 15 124,119 116,616 of which associates 15 186 196 of which related parties 15 - 27 Other payables, accrued expense and deferred income 15 60,175 46,630 14) Tax payables 9 6,201 8,950 15) Provisions for current risks and charges 14 2,041 3,557 16) Current financial payables 11 16,961 17,516 Total Liabilities (A+B+C) 759,245 750,485
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 19
CONSOLIDATED INCOME STATEMENT
(Euro/000) Notes 30.06.2026 30.06.2025
Restated
1) Revenue 16 248,436 239,620 Revenue from sale of products 229,898 219,704 of which related parties and associates 3,293 3,053 Revenue from services 16,247 17,461 of which related parties and associates 23 21 Revenue from software 2,291 2,455 2) Cost of goods sold 17 140,762 138,266 of which related parties and associates 52 201 Gross Operating Margin (1 -2) 107,674 101,354 3) Other revenue 18 1,196 916 4) Research and development expense 17 38,934 34,424 of which related parties and associates 691 411 5) Distribution expense 17 49,030 45,570 of which related parties and associates 23 68 6) Administrative and general expense 17 21,861 23,915 of which related parties and associates 127 104 7) Other operating expense 17 1,215 710 Total operating costs 111,040 104,619
EBIT (2,170) (2,349)
8) Net financials 19 (1,172) 1,594 Pre-tax profit/(loss) (3,342) (755) Income tax - -
Net Profit/(Loss) for the period (3,342) (755)
Attributable to:
Shareholders of the Parent (3,363) (661) Non-controlling interests 21 (94)
Earnings/loss per share Basic earnings/(loss) per share (€) 20 (0.06) (0.01) Diluted earnings/(loss) per share (€) 20 (0.06) (0.01)
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 20
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(Euro/000) Notes 30.06.2026 30.06.2025 Net Profit/(Loss) for the period (3,342) (755) Other items of the statement of comprehensive income:
Other items of the statement of comprehensive income that will later be reclassified to Profit/(Loss) for the period
Profit/(Loss) on cash flow hedges (CFH) 10 20 24 Profit (Loss) from the translation of financial statements of foreign companies 10 7,775 (32,034) Total other items of the statement of comprehensive income that will later be reclassified to Profit/(Loss) for the period 7,795 (32,010)
Other items of the statement of comprehensive income that will not later be reclassified to Profit/(Loss) for the period
Actuarial gains (losses) on defined -benefit plans - -
of which tax effect - -
Profit/(Loss) from financial assets at FVOCI 10 9 (10) of which tax effect (0) (0)
Total other items of the statement of comprehensive income that will not later be reclassified to Profit/(Loss) for the period 9 (10)
Total profit/(loss) of the statement of comprehensive income 7,804 (32,020)
Comprehensive net profit/(loss) for the period 4,462 (32,775)
Attributable to:
Shareholders of the Parent Company 4,280 (32,387) Non -controlling interests 182 (388)
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 21
CONSOLIDATED STATEMENT OF CASH FLOWS
(Euro/000) Notes 30.06.2026 30.06.2025 Profit/(Loss) before tax (3,342) (755) Depreciation of tangible fixed assets and write -downs 1 4,850 4,995 Amortisation of intangible fixed assets and write -downs 2 10,753 11,417 Depreciation of right of use fixed assets 3 1,500 2,052 Losses (Gains) from sale of fixed assets 17, 18 (16) (106) Change in provisions for risks and charges 14 (1,057) (1,312) Change in provision for obsolescence 8 442 (468) Financials 19 1,172 (1,594) Monetary effect foreign exchange gains (losses) (640) (250) Other non -monetary changes 659 23 Cash flow generated (absorbed) from operations before changes in working capital 14,322 14,002 Change in trade receivables 7 5,169 (4,490) Change in final inventory 8 (21,321) (5,895) Change in trade payables 15 4,947 7,783 Change in other current assets 7 (11) 685 Change in other current liabilities 15 7,104 2,829 Change in other non -current assets 6 (80) 30 Change in other non -current liabilities 5 377 550 Cash flow generated (absorbed) from operations after changes in working capital 10,507 15,494 Change in tax assets and liabilities (4,366) (5,263) Interest paid (1,945) (1,458) Interest collected 685 291 dividends collected 2 2 Cash flow generated (absorbed) from operations (A) 4,883 9,066 Increase in intangible fixed assets 2 (5,436) (8,526) Increase in tangible fixed assets 1 (10,404) (2,794) Decrease in tangible fixed assets 1 793 106 Change in investments and current and non -current financial assets 4, 5 (80) (160) Change in consolidation scope (389) (2,649) Cash flow generated (absorbed) from investments (B) (15,517) (14,023) Payment of financial payables 11 (7,036) (7,035) New financial payables 11 - 25,000 Other changes in financial payables 11 (439) (178) Payments of financial liabilities from leases (1,607) (2,176) Effect of change in cash and cash funds 651 (1,451) Cash flow generated (absorbed) from financing activities (C) (8,431) 14,160 Net increase (decrease) in cash funds (A+B+C) (19,065) 9,203 Net cash and cash equivalents at beginning of period 107,395 81,436 Net cash and cash equivalents at end of period 88,330 90,638
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 22
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Description Share
capital Share
premium
res. Treasury
shares Translation
reserve Other
Reserves Retained
earnings Profit
(Loss)
of
Group Group
Equity Profit
(Loss)
of non -
controlling
interests Share
capital and
reserves
attributable
to non -
controlling
interests Equity
attributable
to non -
controlling
interests Profit
(Loss) Equity
01.01.2026 30,392 111,779 (46,715) 7,594 1,752 280,332 8,036 393,170 (358) 2,903 2,545 7,678 395,715 Allocation of profit - - - - - 8,036 (8,036) - 358 (358) - (7,678) -
Dividends - - - - - (6,307) - (6,307) - - - - (6,307) Share -based incentive plan - - - - 509 - - 509 - - - - 509 Other changes - - - - - 3 - 3 - - - - 3 Profit/(Loss) for the period - - - - - - (3,363) (3,363) 21 - 21 (3,342) (3,342) Other items of the statement of comprehensive income - - - 7,614 29 - - 7,643 - 161 161 - 7,804 Total comprehensive Profit (Loss) - - - 7,614 29 - (3,363) 4,280 21 161 182 (3,342) 4,462 30.06.2026 30,392 111,779 (46,715) 15,208 2,290 282,063 (3,363) 391,654 21 2,706 2,727 (3,342) 394,381
Description Share
capital Share
premium
res. Treasury
shares Translation
reserve Other
Reserves Retained
earnings Profit
(Loss)
of
Group Group
Equity Profit
(Loss)
of non -
controlling
interests Share
capital and
reserves
attributable
to non -
controlling
interests Equity
attributable
to non -
controlling
interests Profit
(Loss) Equity
01.01.2025 30,392 111,779 (41,962) 40,069 929 273,148 13,626 427,981 96 3,045 3,141 13,722 431,122 Allocation of profit - - - - - 13,626 (13,626) - (96) 96 - (13,722) -
Dividends - - - - - (6,438) - (6,438) - - - - (6,438) Share -based incentive plan - - - - 73 - - 73 - - - - 73 Other changes - - - - - 14 - 14 - - - - 14 Profit/(Loss) for the period - - - - - - (661) (661) (94) - (94) (755) (755) Other items of the statement of comprehensive income - - - (31,740) 14 - - (31,726) - (294) (294) - (32,020) Total comprehensive Profit (Loss) - - - (31,740) 14 - (661) (32,387) (94) (294) (388) (755) (32,775) 30.06.2025 30,392 111,779 (41,962) 8,329 1,016 280,350 (661) 389,243 (94) 2,847 2,753 (755) 391,996
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 23
Explanatory
Notes
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 24
EXPLANATORY NOTES TO THE CONSOLIDATED STATEMENTS
OVERVIEW
Datalogic is a global technological leader in the automatic data capture and process automation markets. The Company is specialised in the design and production of barcode readers, mobile computers, detection, measurement and safety sensors, vision and las er marking systems and RFID.
Its pioneering solutions help increase efficiency and quality of processes in the areas of Retail, Manufacturing, Transportation & Logistics, and Healthcare, along the entire value chain.
Datalogic S.p.A. (hereinafter "Datalogic", the "Parent Company" or the "Company") is a joint -stock company listed on Euronext STAR Milan of Borsa Italiana S.p.A. and is headquartered in Italy. The registered office is in Via Candini 2, Lippo di Calderara (BO).
This Consolidated Half -Year Financial Report at June 30, 2026 includes the figures of the Parent Company and its subsidiaries (defined hereinafter as “Group”) and the relevant shares in associates.
The publication of this Consolidated Half -Year Financial Report at June 30, 2026 of the Datalogic Group was authorised by resolution of the Board of Directors dated August 4, 2026.
BASIS OF PRESENTATION
1) General criteria This Consolidated Half -Year Financial Report was prepared pursuant to Article 154 -ter of Legislative Decree no. 58 of February 24, 1998 (TUF) as subsequently amended and supplemented, as well as to the CONSOB Issuer Regulation. The criteria for the prepara tion of the Statement are in accordance with the requirements of IAS 34 "Interim Financial Reporting”, providing the summary information notes required by the above standard, supplemented if the case to provide a greater level of information where deemed n ecessary.
This Consolidated Half -Year Financial Report should therefore be read in conjunction with the Consolidated Annual Financial Report at December 31, 2025, prepared in accordance with IFRS accounting standards adopted by the European Union, approved by the Bo ard of Directors on March 19, 2026, and available in the Investor Relations section of the Group's website ( www.datalogic.com ).
2) Reporting formats The reporting formats adopted are compliant with those required by IAS 1 and were used in the Consolidated Annual Financial Report for the year ended December 31, 2025, in particular:
- current and non -current assets, as well as current and non -current liabilities are shown separately in the Statement of Financial Position. Current assets, which include cash and cash equivalents, are those intended to be realised, sold or consumed in the Group's normal operating cycle; current liabilities are those expected to be settled in the Group's normal operating cycle or in the twelve months following the end of the period;
- with regard to the Income Statement, cost and revenue items are shown based on grouping by function, as this classification was deemed more explanatory for understanding the Group's results of operations;
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 25
- the Statement of Comprehensive Income shows the items that determine profit/(loss) for the period, considering income and expense recognised directly in equity;
- the Statement of Cash Flows is presented using the "indirect method".
This Consolidated Half -Year Financial Report is drawn up in Euro thousands, which is the Group’s “functional” and “presentation” currency as envisaged by IAS 21.
3) IFRS accounting standards, amendments and interpretations applied by the Group as from January
1, 2026
The following IFRS accounting standards, amendments and interpretations were applied by the Group for the first time as of January 1, 2026:
▪ On May 30, 2024, the IASB published "Amendments to the Classification and Measurement of Financial Instruments - Amendments to IFRS 9 and IFRS 7″. The document addresses several issues identified in the post -
implementation review of IFRS 9, particularly co ncerning the accounting treatment of financial assets with returns that fluctuate based on the achievement of ESG targets, such as green bonds. Specifically, the amendments aim to:
- Clarify the classification of financial assets with variable returns and tied to environmental, social and corporate governance (ESG) targets and the criteria to be used for the SPPI test assessment;
- determine that the date of settlement of liabilities through electronic payment systems is the date on which the liability is settled. However, an entity is permitted to adopt an accounting policy to allow a financial liability to be derecognised before de livering cash on the settlement date under certain specific conditions. The Group adopted this option.
With these amendments, the IASB has also introduced additional disclosure requirements for investments in equity instruments designated to FVOCI in particular.
The adoption of this amendment had no effects on the Group's consolidated financial statements.
▪ On December 18, 2024, the IASB published the amendment "Contracts Referencing Nature -dependent Electricity - Amendment to IFRS 9 and IFRS 7". The document aims to support entities in reporting the financial effects of renewable electricity purchase agreeme nts (often structured as Power Purchase Agreements). Based on these contracts, the amount of electricity generated and purchased can vary based on uncontrollable factors such as weather conditions. The IASB has made targeted amendments to IFRS 9 and IFRS 7 . The amendments
include:
- a clarification regarding the application of "own use" requirements to this type of contract;
- the criteria for allowing such contracts to be accounted for as hedging instruments; and,
- new disclosure requirements to allow financial statement users to understand the effect of these contracts on an entity's financial performance and cash flows.
The adoption of this amendment had no effects on the Group's consolidated financial statements.
▪ On July 18, 2024, the IASB published "Annual Improvements Volume 11". The document includes clarifications, simplifications, corrections and changes aimed at improving the consistency of several IFRS Accounting Standards. The amended standards are:
- IFRS 1 First -time Adoption of International Financial Reporting Standards;
- IFRS 7 Financial Instruments: Disclosures and related guidance on the implementation of IFRS 7;
- IFRS 9 Financial Instruments;
- IFRS 10 Consolidated Financial Statements; and
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 26
- IAS 7 Statement of Cash Flows.
The adoption of this amendment had no effects on the Group's consolidated financial statements.
4) IFRS accounting standards, amendments and interpretations endorsed by the European Union, not yet mandatorily applicable and not early adopted by the Group at June 30, 2026
At the date of this document, the competent bodies of the European Union have completed the endorsement process required for the adoption of the amendments and the standards described below, but these standards are not applicable on a compulsory basis and have not been adopted in advance by the Group at June 30, 2026:
▪ On April 9, 2024, the IASB published a new standard IFRS 18 Presentation and Disclosure in Financial Statements, which will supersede IAS 1 Presentation of Financial Statements. The new standard aims to improve the presentation of reporting formats, with p articular reference to the income statement format.
Specifically, the new standard requires the following:
- to classify revenue and expense into three new categories (operating section, investment section, and financial section), in addition to the tax and discontinued operations categories already in the income
statement;
- To present two new sub -totals, operating profit/loss and profit/loss before interest and tax (i.e. EBIT).
The new standard also:
- requires more information on performance measures defined by management;
- introduces new criteria for information aggregation and disaggregation; and,
- introduces a number of changes to the format of the statement of cash flows, including a requirement to use operating profit/loss as the starting point for the presentation of the statement of cash flows prepared under the indirect method and the eliminati on of certain classification options for certain items that currently exist (such as interest paid, interest received, dividends paid and dividends received).
The new standard will take effect on January 1, 2027, but early application is permitted. The Directors are currently assessing the possible effects of the introduction of this new standard on the Group's consolidated financial statements.
5) IFRS accounting standards, amendments and interpretations not yet endorsed by the European
Union
At the date of this document, the competent bodies of the European Union have not yet completed the endorsement process required for the adoption of the amendments and the standards described below.
▪ On November 13, 2025, the IASB published a document entitled "Translation to a Hyperinflationary Presentation Currency - Amendment to IAS 21", which clarifies the translation procedures for an entity whose presentation currency is that of a hyperinflationary economy. The entity applies the amendments if:
- its functional currency is that of a non -hyperinflationary economy and it translates its operating results and financial position into the currency of a hyperinflationary economy; or,
- converts into the currency of a hyperinflationary economy the operating results and financial position of a foreign operation whose functional currency is that of a non -hyperinflationary economy.
The amendments will apply from the financial statements of financial years beginning on or after January 1, 2027.
The Directors do not expect any effect on the Group's consolidated financial statements from the adoption of this amendment.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 27
▪ On May 27, 2026, the IASB published IFRS 20 - Regulatory Assets and Regulatory Liabilities . The new standard applies to all entities subject to a specific type of rate regulation, namely rate regulation that gives rise to timing differences.
The aim of the new standard is to require an entity to provide relevant information that reflects the impact of income and expense arising from regulated activities on the entity’s profit or loss, as well as the impact of assets and liabilities arising fro m regulated activities on its statement of financial position. To achieve this, the new standard sets out the requirements for the recognition, measurement, presentation and disclosure of assets, liabilities, income and expense arising from regulated activ ities. Assets and liabilities arising from regulated activities constitute a subset of the rights and obligations created by a regulatory arrangement.
Information regarding this subset of rights and obligations enables users of the financial statements to
understand:
a) the income and expense arising from an entity’s regulated activities, which result from assets and liabilities arising from regulated activities. This understanding, together with the information required by other IFRS accounting standards, will provide in formation on the total allowed compensation for regulated goods or services supplied by the entity in a reporting period and, consequently, on the entity’s financial performance and prospects for future cash flows.
b) the assets and liabilities arising from an entity’s regulated activities. This understanding will provide information on the entity’s financial position at the end of a reporting period and on the amount, timing and uncertainty of its future cash flows.
IFRS 20 will replace IFRS 14 - Regulatory Deferral Accounts , and will be effective as of January 1, 2029, but early application is permitted.
The Directors do not expect a material effect on the Group's consolidated financial statements from the adoption of this standard.
▪ On June 27, 2026, the IASB published a document entitled “ Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to IAS 28)” , which clarifies which entities are eligible to measure investments in associates and joint ventures using the fair value option under IAS 28. The IASB decided to develop amendments to address:
- the lack of clarity regarding the meaning of “similar entities, including investment -linked insurance funds” and whether this definition should be interpreted narrowly or broadly; and,
- the differing interpretations of the relationship between the scope of the fair value option under IAS 28 and the IFRS 18 requirements relating to “specified main business activities”.
The amendments will apply at the same time as IFRS 18 and therefore to financial years beginning on or after January 1, 2027. The Directors do not expect a material effect on the Group's consolidated financial statements from the adoption of these amendmen ts.
6) Use of estimates and assumptions The preparation of the Consolidated Half -Year Financial Report requires the Directors to apply accounting standards and methods that, in certain cases, are based on valuations and estimates based on historical experience and assumptions that are evaluated from time to time according to the specific cases. The application of these estimates and assumptions affects the amounts of revenue, expense, assets and liabilities and their disclosure, as well as the disclosure of contingent liabilities. The results of financial statement items for which the above estimates and
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 28
assumptions were used may differ from those shown owing to the uncertainty surrounding the assumptions and conditions on which the estimates are based.
7) Consolidation scope
This Consolidated Half -Year Financial Report at June 30, 2026 includes the income statement and balance sheet data of Datalogic S.p.A. and all the companies that it directly or indirectly controls.
The list of investments included in the consolidation area appears in Annex 2 of the Explanatory Notes, with an indication of the methodology used.
8) Translation criteria of foreign currency financial statements
The exchange rates used to determine the value in Euro of financial statements denominated in foreign currency of subsidiaries (currency for 1 Euro) are shown hereunder:
Currency (ISO Code) Quantity of currency for 1 Euro June 2026 June 2026 December 2025 June 2025
Actual
exchange rate Average
exchange rate
for the period Actual exchange rate Average
exchange rate
for the period US Dollar (USD) 1.14 1.17 1.18 1.09 British Pound Sterling (GBP) 0.86 0.87 0.87 0.84 Swedish Krona (SEK) 11.09 10.79 10.82 11.10 Singapore Dollar (SGD) 1.48 1.49 1.51 1.45 Japanese Yen (JPY) 185.08 184.46 184.09 162.12 Australian Dollar (AUD) 1.65 1.66 1.76 1.72 Hong Kong Dollar (HKD) 8.94 9.13 9.15 8.52 Chinese Renminbi (CNY) 7.73 8.01 8.23 7.92 Brazilian Real (BRL) 5.90 6.01 6.44 6.29 Mexican Peso (MXN) 19.90 20.38 21.12 21.80 Hungarian Forint (HUF) 356.30 372.26 385.15 404.57 Czech Crown (CZK) 24.26 24.31 24.24 25.00 Indian Rupee (INR) 107.86 108.59 105.60 94.07
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 29
SEGMENT DISCLOSURE
An operating segment is a component of an entity that undertakes revenue -generating business activities and costs, the operational results of which are reviewed periodically at the highest level of operational decision -making for the purpose of making decisions about resources to be allocated to the sector and evaluating results. A geographical segment pertains to a set of activities that offers products or services within a specific economic environment, which is subject to distinct risks and returns compared to segments operating in other economic environments. It should be
noted
that at the date of this Consolidated Half -Year Financial Report, no operating segments have been identified as meeting all IFRS 8 requirements for separate disclosure.
In accordance with IFRS 8, information on geographical segments is shown below. Specifically:
- revenue from external customers allocated to geographical areas based on the Group company recognised for
the sale;
- non-current assets other than financial instruments and deferred tax assets broken down using the same approach used for revenue.
The income information at June 30, 2026 and June 30, 2025 is the following:
30.06.2026 % 30.06.2025 Restated % Change % chg.
Italy 118,674 47.8% 119,136 49.7% (462) -0.4% EMEAI (excluding Italy) 41,897 16.9% 29,808 12.4% 12,089 40.6% Total EMEAI 160,570 64.6% 148,944 62.2% 11,626 7.8% Americas 59,337 23.9% 67,460 28.2% (8,123) -12.0%
APAC 28,529 11.5% 23,216 9.7% 5,313 22.9%
Total revenue 248,436 100.0% 239,620 100.0% 8,816 3.7%
The equity information related to the geographical segments at June 30, 2026 and at December 31, 2025 is the
following:
30.06.2026 31.12.2025 Change Italy 108,493 111,137 (2,644) EMEAI (excluding Italy) 72,380 71,384 996 Americas 171,883 166,944 4,939
APAC 18,217 15,456 2,761
Total non -current assets 370,973 364,920 6,053
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 30
INFORMATION ON THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSETS
Note 1. Tangible fixed assets
Tangible fixed assets at June 30, 2026 amounted to €95,901 thousand. During the period, net expenditure of €9,627 thousand and depreciation of €4,850 thousand was recognised, while exchange rate effects closed at positive €1,644 thousand. The breakdown of the item at June 30, 2026 and at December 31, 2025 is shown below.
30.06.2026 31.12.2025 Change Land 14,004 13,827 177 Buildings 48,736 48,030 706 Other assets 23,841 23,143 698 Fixed assets under construction and advances 9,320 4,480 4,840 Total 95,901 89,480 6,421
Note 2. Intangible fixed assets
Intangible fixed assets at June 30, 2026 amounted to €263,413 thousand. During the period, net expenditure of €5,436 thousand and amortisation of €10,753 thousand was recognised, while exchange rate effects closed at positive €5,015 thousand. The breakdown of the item at June 30, 2026 and at December 31, 2025 is shown below:
30.06.2026 31.12.2025 Change Goodwill 188,547 183,600 4,947 Development costs 46,414 41,951 4,463 Other 23,149 25,528 (2,379) Fixed assets under construction and advances 5,303 12,636 (7,333) Total 263,413 263,715 (302)
Goodwill
“Goodwill” amounted to €188,547 thousand. The increase of €4,947 thousand was due to fluctuations in the US dollar/Euro exchange rate.
The estimated recoverable value of the Cash Generating Unit (CGU) Datalogic Business, which represents the net invested capital of the entire Group and, therefore, associated with the Group's goodwill being evaluated, is represented by the corresponding va lue in use, calculated by discounting at a rate equal to the weighted average cost of debt and equity (Weighted Average Cost of Capital or "WACC") the future operating cash flows expected to be generated by the CGU using the Discounted Cash Flow method.
At the date of this Report, the Directors considered the assumptions underlying the impairment test performed for the above CGU at December 31, 2025, and the related long -term plan, to remain valid and therefore did not prepare a new business plan or perfo rm a new impairment test. In making this assessment, the Directors took account of the actual results at June 30, 2026 and expected for the full year 2026, which are basically in line with the amounts considered for the purpose of the impairment test prepared when preparing the consolidated financial statements at December 31,
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 31
2025. In making the above assessments, the Directors also considered the current uncertain macroeconomic scenario based on the information available at the time these notes were prepared.
Accordingly, as already noted in the financial statement notes at December 31, 2025, the Directors did not identify any indicators of impairment regarding the goodwill recorded.
Development costs, Other intangible fixed assets and Fixed assets under construction and advances
"Development costs” , amounting to €46,414 thousand at June 30, 2026 (€41,951 thousand at December 31, 2025), consists of product development projects. The positive change comes mainly from project capitalisation, partly offset by amortisation for the period.
“Other” , amounting to €23,149 thousand, consists primarily of intangible assets acquired through business combinations carried out by the Group, and software licences as detailed below:
30.06.2026 31.12.2025 Change Patents and licenses 126 231 (105) Know -how 10,400 11,562 (1,163) Customer portfolio 8,694 9,144 (450) Software 3,929 4,591 (662) Total 23,149 25,528 (2,380)
“Fixed assets under construction and advances” , amounting to €5,303 thousand (€12,636 thousand at December 31, 2025), is attributable mainly to the capitalisation of costs for product development projects currently under way.
Note 3. Rights of use fixed assets
Net positive changes for €1,043 thousand and depreciation for €1,500 thousand were recognised during the period. The breakdown of the item at June 30, 2026 and at December 31, 2025 is shown below.
30.06.2026 31.12.2025 Change Land and Buildings 5,254 5,124 130 Vehicles 1,845 2,343 (498) Office equipment 30 47 (17) Total 7,129 7,514 (385)
Note 4. Investments in associates Non -controlling investments held by the Group, details of which can be found in Annex 2, amounted to €882 thousand at June 30, 2026.
Note 5. Financial assets and liabilities by category
The table below provides a breakdown of “Financial assets and liabilities” under IFRS9.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 32
Financial assets
Financial
assets at
amortised
cost Financial
assets at FV
through profit
and loss Financial
assets at
FV through
OCI 30.06.2026
Non -current financial assets 606 2,949 94 3,649 Non -current financial assets and investments - 2,949 94 3,043 Other receivables 606 - - 606 Current financial assets 193,161 - - 193,161 Trade receivables 77,046 - - 77,046 Other receivables 27,694 - - 27,694 Current financial receivables 91 - - 91 Cash and cash equivalents 88,330 - - 88,330 Total 193,767 2,949 94 196,810
Financial
assets at
amortised
cost Financial
assets at FV
through profit
and loss Financial
assets at
FV through
OCI 31.12.2025
Non -current financial assets 514 2,784 85 3,383 Non -current financial assets and investments - 2,784 85 2,869 Other receivables 514 - - 514 Current financial assets 216,000 - - 216,000 Trade receivables 81,259 - - 81,259 Other receivables 27,321 - - 27,321 Current financial receivables 25 - - 25 Cash and cash equivalents 107,395 - - 107,395 Total 216,514 2,784 85 219,383
"Cash and cash equivalents" amounted to €88,330 thousand. Details are found in the Net Financial Debt schedule in the Report on Operations.
Financial liabilities
Derivatives Financial liabilities at amortised cost 30.06.2026 Non -current financial liabilities - 122,506 122,506 Financial payables - 97,300 97,300 Other payables - 25,206 25,206 Current financial liabilities - 201,255 201,255 Trade payables - 124,119 124,119 Other payables - 60,175 60,175 Current financial payables - 16,961 16,961 Total - 323,761 323,761
Derivatives Financial liabilities at amortised cost 31.12.2025 Non -current financial liabilities - 129,237 129,237
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 33
Financial payables - 104,758 104,758 Other payables - 24,479 24,479 Current financial liabilities - 180,763 180,763 Trade payables - 116,616 116,616 Other payables - 46,631 46,631 Current financial payables - 17,516 17,516 Total - 310,000 310,000
The fair value of financial assets and financial liabilities is determined according to methods classifiable in the various levels of the fair value hierarchy as envisaged by IFRS 13. Specifically, the Group uses internal valuation models generally used in financial practice, based on prices provided by market participants or quotations recorded on active markets.
Fair value - hierarchy All the financial instruments measured at fair value are classified in the three categories shown below:
Level 1: market prices;
Level 2: valuation techniques (based on observable market data);
Level 3: valuation techniques (not based on observable market data).
Assets measured at fair value Level 1 Level 2 Level 3 30.06.2026 Non -current financial assets and investments 94 - 2,949 3,043 Total 94 - 2,949 3,043
Note 6. Financial assets and non -current financial receivables
Financial assets include the following:
30.06.2026 31.12.2025 Change Non -current financial assets 3,043 2,869 174 Current financial assets 91 25 66 Total 3,134 2,894 240
Non -current financial assets amounted to €3,043 thousand.
The change in “Non -current financial assets” is detailed below:
2026 2025
At January 1 2,869 2,987 Acquisitions (Disposals) 14 97 Gains (Losses) recognised in OCI 9 -10 Gains/(Losses) recognised in the income statement 151 -111 At June 30 3,043 2,963 Note 7. Trade and other receivables The breakdown of the item at June 30, 2026 and at December 31, 2025 is shown below:
30.06.2026 31.12.2025 Change Trade receivables 70,933 75,012 (4,078)
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 34
Contract assets - Invoices to be issued 6,383 6,061 322 Bad debt provisions (1,471) (1,266) (205) Net trade receivables 75,845 79,806 (3,961) Receivables from associates 1,187 1,441 (254) Receivables from related parties 14 12 2 Sub-total - Trade receivables 77,046 81,259 (4,213) Other receivables - current accrued income and deferred expense 27,694 27,321 373 Other receivables - non-current accrued income and deferred expense 606 514 92 Sub-total - Other receivables - accrued income and deferred expense 28,300 27,835 465 Less: non -current portion 606 514 92 Trade and other receivables - current portion 104,740 108,580 (3,840)
Trade receivables
"Trade receivables" amounted to €77,046 thousand, down €4,213 thousand versus December 31, 2025. At June 30, 2026, trade receivables factored without recourse amounted to €29,907 thousand (€30,057 thousand at December 31, 2025). Trade receivables from associates arise from trade transactions carried out at normal market conditions.
Other receivables - accrued income and deferred expense "Other receivables - accrued income and deferred expense" consists mainly of VAT receivables and amounts to €20,362 thousand.
Note 8. Inventory At June 30, 2026, inventory amounted to €120,958 thousand, an increase of €23,725 thousand.
30.06.2026 31.12.2025 Change Raw and ancillary materials and consumables 54,817 41,951 12,866 Work in progress and semi -finished products 24,598 23,696 902 Finished products and goods 41,543 31,586 9,957 Total 120,958 97,233 23,725
Inventory is shown net of an obsolescence provision totalling €13,522 thousand at June 30, 2026 (€12,726 thousand at December 31, 2025).
Note 9. Tax receivables and payables At June 30, 2026, the net balance of "Tax Receivables and Payables" came to positive €2,426 thousand versus negative 780 thousand at December 31, 2025, marking a positive change of €3,206 thousand.
30.06.2026 31.12.2025 Change Current tax receivables (payables) 2,426 (467) 2,893 Non -current tax receivables (payables) (313) 313 Total 2,426 (780) 3,206
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 35
LIABILITIES AND EQUITY
Note 10. Equity
The composition of Equity at June 30, 2026 is shown below.
30.06.2026 31.12.2025 Change Share capital 30,392 30,392 -
Share premium reserve 111,779 111,779 -
Treasury shares held in portfolio (46,715) (46,715) -
Share capital and reserves 95,456 95,456 -
Translation reserve 15,208 7,594 7,614 Other reserves 2,290 1,752 538 Retained earnings 282,063 280,332 1,731 Profit (loss) for the period (3,363) 8,036 (11,399) Total Group equity 391,654 393,170 (1,516) Profit (loss) for the period attributable to non -controlling interests 21 (358) 379 Share capital attributable to non -controlling interests 2,706 2,903 (197) Total equity attributable to non -controlling interests 2,727 2,545 182 Total consolidated equity 394,381 395,715 (1,334)
Share capital
At June 30, 2026, the share capital of €30,392 thousand represents the fully subscribed and paid -up share capital of the Parent Company Datalogic S.p.A.. It comprises ordinary shares for a total of 58,446,491, of which 5,888,058 held as treasury shares for a value of €46,715 thousand, therefore the outstanding shares at that date amounted to 52,558,433.
Reserves
At June 30, 2026, there was no change in the "Reserve for treasury shares held in portfolio”.
The "Translation Reserve" shows an upward change of €7,614 thousand, due in particular to the effects of the performance of the U.S. dollar, the functional currency of a number of the Group's major investees.
At June 30, 2026, "Other reserves”, including the “Share -based incentive plan reserve”, amounted to €2,290 thousand (€1,752 thousand at December 31, 2025). The increase of €538 thousand is related mainly to the provision for the new 2025 -2027 share -based incentive plan.
Note 11. Financial payables
“Financial payables” at June 30, 2026 amounted to €114,261 thousand, decreasing by €8,013 thousand as detailed below.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 36
30.06.2026 31.12.2025 Change Bank loans 107,577 114,659 (7,082) Financial payables from leases 6,435 6,856 (421) Payables to factoring companies 28 265 (237) Other financial payables 209 490 (280) Bank overdrafts 12 5 7 Total 114,261 122,274 (8,013)
The change in "Bank loans" for the period is attributable to the repayment of existing medium - to long -term loan instalments totalling €7,036 thousand.
The breakdown of financial payables, divided into current and non -current portions, is shown below:
30.06.2026 31.12.2025 Change Non -current financial payables 97,300 104,758 (7,458) Current financial payables 16,961 17,516 (555) Total 114,261 122,274 (8,013)
At June 30, 2026, the Group had credit lines in place for a total of approximately €301 million, of which approximately €193.0 million undrawn, including €100.0 million long -term and €93.0 million short -term.
Covenants
Certain loan agreements require the Group to comply with financial covenants, measured on a half -year basis at June 30 and December 31, summarised in the following table:
Loan Company Covenants Frequency Reference
financial
statements
RCF Datalogic S.p.A. NFP/EBITDA 4.5x; 4.0x * half-year Consolidated Roller Coaster Datalogic S.p.A. NFP/EBITDA 3.0x half-year Consolidated Bilateral loans Datalogic S.p.A. NFP/EBITDA 6.0x annual Consolidated
* 4.5x at June and 4.0x at December
At June 30, 2026, all covenants were met .
Note 12. Net deferred tax
30.06.2026 31.12.2025 Change Deferred tax assets 65,525 63,849 1,676 Deferred tax liabilities (24,412) (23,938) (474) Total 41,113 39,911 1,202
Deferred tax assets amounted to €65,525 thousand and included foreign tax credits attributable mainly to the subsidiary Datalogic USA Inc. Deferred tax assets are deemed recoverable in light of the expected earnings prospects in the coming years.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 37
The Provision for deferred tax liabilities amounted to €24,412 thousand and refers mainly to temporary differences related to asset depreciation/amortisation schedules, as well as tax adjustments resulting from the consolidation processes of acquisitions m ade by the Group.
Note 13. Provisions for post -employment and retirement benefits
The breakdown of changes in “Provisions for post -employment and retirement benefits” at June 30, 2026 and June 30, 2025 is shown below:
2026 2025
At January 1 4,894 5,598 Amount allocated in the period 1,059 1,089 Utilisations (411) (1,892) Receivable from INPS (696) 464 Exchange rate adjustments 8 (35) At June 30 4,854 5,224 Note 14. Provisions for risks and charges
"Provisions for risks and charges " at June 30, 2026, amounted to €5,636 thousand (€6,676 thousand at December 31, 2025), represented by the best estimate of the contingent liabilities to which the Group is exposed in relation to contractual obligations for product warranties and long -term incentive and retention plans for personnel (middle management and key people), as well as contingent liabilities of a tax, labour law and supplementary agents’ indemnity nature, as shown below.
31.12.2025 Increases (Utilisati
ons)
(Releases
) Foreign
exchan
ge
differe
nces 30.06.2026
Product warranty provision 3,942 - - 3,942 Provision for staff incentive and retention plans 2,251 463 (1,530) 14 1,198 Other provisions 483 13 - - 496 Total 6,676 476 (1,530) 14 5,636
The “Product warranty provision” covers the estimated cost of repairing products sold up to June 30, 2026 and covered by a warranty period; said provision amounted to €3,942 thousand (of which €2,165 thousand long -term).
"Provision for staff incentive and retention plans " refers to the estimated bonuses to be paid to staff based on long -
term incentive and retention plans accrued at June 30, 2026.
"Other provisions " at June 30, 2026 amounted to €496 thousand and consisted mainly of provisions for corporate reorganisation plans, supplementary agent’s indemnity and for contingent liabilities of a fiscal and labour law nature.
The breakdown of provisions for risks, divided into current and non -current portions, is shown below:
30.06.2026 31.12.2025 Change Provisions for risks and charges, current portion 2,041 3,557 (1,516) Provisions for risks and charges, non -current portion 3,595 3,119 476
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 38
Total 5,636 6,676 (1,040)
Note 15. Trade and other payables, accrued expense and deferred income
30.06.2026 31.12.2025 Change Trade payables 120,281 113,094 7,187 Contractual liabilities - customer advances 3,652 3,298 354 Trade payables 123,933 116,393 7,540 Payables to associates 186 196 (10) Payables to related parties - 27 (27) Total trade payables 124,119 116,616 7,503 Other current payables 39,631 28,690 10,941 Current accrued expense and deferred income 20,543 17,940 2,603 Other payables, non -current accrued expense and deferred income 25,206 24,479 727 Total Other payables - accrued expense and deferred income 85,380 71,109 14,271 Less: non -current portion 25,206 24,479 727 Current portion 184,293 163,246 21,047
Trade payables
“Trade payables” amounted to €124,119 thousand, up by €7,503 thousand versus the end of the prior year.
Other current payables
30.06.2026 31.12.2025 Change Payables to employees 20,787 18,673 2,114 Payables to welfare and social security entities 8,163 7,845 318 Sundry payables 7,676 1,443 6,233 VAT payables 3,005 729 2,276 Total 39,631 28,690 10,941
"Other current payables”, amounting to €39,631 thousand at June 30, 2026, consists mainly of "Payables to employees" for the fixed and variable components of salaries and holiday entitlements, as well as the related “Payables to welfare and social security entities”. The increase in “Sundry payables” refers to dividends payable to shareholders, approved but not yet paid at June 30, 2026, amounting to €6,307 thousand.
Accrued expense and deferred income
“Accrued expense and deferred income”, amounting to €45,749 thousand at June 30, 2026 (€42,419 thousand at December 31, 2025), is composed mainly of deferred revenue related to the Ease of Care long -term maintenance contracts.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 39
INFORMATION ON THE CONSOLIDATED INCOME STATEMENT
Note 16. Revenue
Revenue classified by type is shown in the following table:
30.06.2026 30.06.2025
Restated Change
Revenue from sale of products 229,898 219,704 10,195 Revenue from services 16,247 17,461 (1,214) Revenue from software 2,291 2,455 (164) Total revenue 248,436 239,620 8,816
The Group’s revenue, classified by recognition method, is broken down as follows:
Revenue broken down by recognition method 30.06.2026 30.06.2025
Restated Change
Revenue from sale of goods and services - point in time 206,998 203,617 3,382 Revenue from sale of goods and services - over time 41,438 36,003 5,435 Total 248,436 239,620 8,816
The Group recognises revenue for the sale of goods and services at a specific point in time when control of the assets has been transferred to the customer, usually at the same time as the delivery of the good or provision of the service.
Instead, revenue recognition takes place over time, based on the status of performance of contractual obligations, when the performance does not create an asset that has an alternative use for the Group and the Group has the collectible right to payment for the completed performance up to the date considered .
Note 17. Cost of goods sold and operating costs
The following table shows the trends of cost of goods sold and operating costs at June 30, 2026, versus the prior year, before special items.
30.06.2026 30.06.2025
Restated Change
Cost of goods sold 140,762 138,266 2,496 Operating costs 111,040 104,619 6,421 Research and development expense 38,934 34,424 4,510 Distribution expense 49,030 45,570 3,460 Administrative and general expense 21,861 23,915 (2,054) Other operating expense 1,215 710 505 Total 251,802 242,885 8,917
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 40
Costs by nature
The following table provides the details of total costs (cost of goods sold and total operating costs) by nature:
30.06.2026 30.06.2025
Restated Change
Purchases and change in inventory 96,463 91,687 4,775 Personnel expense 90,121 88,297 1,824 Amortisation, depreciation and write -downs 17,752 18,449 (697) Goods receipt and shipment expense 11,363 10,802 560 Travel and meetings expense 4,715 4,322 392 EDP expense 4,307 3,958 349 Consumables and R&D material 2,960 2,983 (23) Legal, tax and other consulting 2,584 2,559 25 R&D technical consultancies 2,495 3,064 (569) Marketing expense 2,450 2,086 365 Building expense 2,156 1,694 462 Quality certification expense 1,938 707 1,231 Utilities 1,408 1,422 (15) Non -warranty repairs 1,041 729 312 Directors' fees 974 935 39 Fees 868 696 172 Repairs and warranty provision accrual 865 585 280 Vehicle expense 722 651 72 Sundry service costs 654 648 6 Telephone expense 651 773 (121) Expense for plant and machinery and other assets 648 710 (62) Installations 584 521 63 Audit fees 527 467 60 Entertainment expense 453 412 41 Recruitment fees 353 420 (67) Insurance 352 386 (33) Subcontracted work 280 315 (35) Royalties 100 1,214 (1,114) Other 2,018 1,392 626 Total cost of goods sold and operating costs 251,802 242,885 8,917
Personnel expense of €90,121 thousand (€88,297 thousand at June 30, 2025) increased versus the comparison period.
The detailed breakdown of personnel expense is as follows:
30.06.2026 30.06.2025 Change Wages and salaries 67,291 64,274 3,017 Social security charges 15,653 14,995 658 Post -employment benefits 1,295 1,267 28 Retirement benefits and the like 1,032 949 83 Other personnel expense 4,850 6,812 (1,962) Total 90,121 88,297 1,824
At June 30, 2026, the Group had a headcount of 2,872 employees, up versus 2,674 at June 30, 2025.
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 41
Note 18. Other revenue
At June 30, 2026, "Other revenue" amounted to €1,196 thousand, decreasing by 30.1% versus €916 thousand in first half 2025. Other revenue is broken down as follows:
30.06.2026 30.06.2025 Change Grants to Research and Development expense 61 175 (114) Sundry income and revenue 736 513 223 Rents 74 91 (17) Gains from disposal of fixed assets 113 106 7 Contingent assets 69 31 38 Other 143 - 143 Total 1,196 916 280
Note 19. Net financials
Details of net financials are shown in the table below:
30.06.2026 30.06.2025 Change Financial income/(expense) (968) (562) (406) Foreign exchange differences (141) 2,727 (2,868) Bank expense (574) (646) 72 Other 511 75 436 Total net financials (1,172) 1,594 (2,766)
Note 20. Earnings/loss per share
As required by IAS 33, information on data used to calculate the earning/loss per share is provided below. Basic EPS is calculated by dividing the result for the period, profit and/or loss, attributable to Shareholders of the Parent Company by the weighted average number of shares outstanding during the reporting period. For the purpose of calculating diluted EPS, the weighted average number of shares outstanding is adjusted by assuming the conversion of all potential shares with dilutive effects (such as t he share -based incentive plan), while the Group's net result is adjusted for the after -tax effects of conversion.
Earnings/loss per share
30.06.2026 30.06.2025
Profit/(Loss) for the period attributable to the Shareholders of the Parent Company (3,363) (661) Average number of shares (thousands) 53,362 53,646 Basic earnings/(loss) per share (0.06) (0.01) Profit/(Loss) for the period attributable to the Shareholders of the Parent Company (3,363) (661) Average number of shares (thousands) - Diluted effect 53,784 54,105 Diluted earnings/(loss) per share (0.06) (0.01)
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 42
TRANSACTIONS WITH SUBSIDIARIES THAT ARE NOT CONSOLIDATED LINE BY LINE, ASSOCIATES
AND RELATED PARTIES
For the definition of "Related Parties”, reference is made not only to IAS 24, but also to the Procedure for Related -Party Transactions approved by the Board of Directors on November 4, 2010 (last amended on June 23, 2021) available on the Company website www.datalogic.com . The parent company of Datalogic Group is Hydra S.p.A..
Intercompany transactions are carried out as part of the ordinary operations and at normal market conditions.
Additionally, there are related -party transactions carried out again in the ordinary course of business and at normal market conditions, of an imm aterial amount pursuant to and in accordance with the " RPT Procedure ”, attributable mainly to Hydra S.p.A. or to entities subject (with Datalogic S.p.A.) to common control or to persons exercising administrative and management functions at Datalogic S.p.A. (including entities controlled by them and close family members).
Related -party transactions refer mainly to trade and property transactions (instrumental and non -instrumental premises for the Group leased or rented out), consulting services, and participation in tax consolidation. None of them are of particular economic or strategic importance to the Group, since receivables, payables, revenue, and expense from related parties do not have a material percentage impact on the total amounts of the financial statements.
Pursuant to Article 5, paragraph 8, of the CONSOB Regulations, it should be noted that, over the period 01.01.2026 -
30.06.2026, the Company's Board of Directors did not approve any transaction of greater significance, as set out by Article 3, paragraph 1, letter b) of the CONSOB Regulations, or any related -party transactions of a lesser significance that had a material impact on the Group’s equity position or results.
Parent
Compa
ny Compan
y
controlle
d by
Chairma
n of
B.o.D. Companies
not
consolidat
ed on a
line-by-
line basis 30.06.20 26 Investments - - 882 882 Trade receivables - other receivables accrued income and deferred expense - 14 1,187 1,201 Trade payables - other payables accrued expense and deferred income - - 207 207 Trade and service costs - 614 278 892 Trade revenue - - 3,316 3,316 Other revenue - - - -
The Chairman of the Board of Directors (Romano Volta )
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 43
Annexes
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 44
ANNEXES
ANNEX 1
Certification of the Consolidated Half -Year Financial Report pursuant to Article 81 -ter of CONSOB Regulation no. 11971 of May 14, 1999 as subsequently amended and supplemented
1. The undersigned Valentina Volta, as CEO, and Alessandro D'Aniello, as Manager responsible for the preparation of the financial reports of Datalogic S.p.A., certify, also taking account of the provisions of Article 154 -bis, paragraphs 3 and 4, of Legislativ e Decree no. 58 of February 24, 1998:
- the adequacy of the characteristics of the Company and
- the effective application of the administration and accounting procedures for the preparation of the Consolidated Half -Year Financial Report in the first half of 2026.
2. The assessment of the adequacy of the administrative and accounting procedures for the preparation of the Consolidated Half -Year Financial Report at June 30, 2026 was based on a specific process defined by Datalogic S.p.A. consistent with the Internal Cont rol – Integrated Framework model issued by the Committee of Sponsoring Organizations of the Treadway Commission, which groups together a set of general principles of reference generally accepted at the international level.
3. Moreover, the following is certified:
3.1 The Consolidated Half -Year Financial Report:
a) was prepared in accordance with the International Financial Reporting Standards endorsed by the European Union pursuant to EC Regulation no. 1606/2002 of the European Parliament and Council of July 19, 2002;
b) corresponds to the books and accounting records;
c) provides a true and fair view of the financial position, the results of operations and the cash flows of the Issuer and of the companies included in the consolidation scope.
3.2 The Consolidated Half -Year Financial Report contains a reliable analysis of all the significant events that took place in the first half of the year and their relevant effect, together with a description of the main risks and uncertainties for the seco nd half of the year. The Consolidated Half -Year Financial Report also includes a reliable analysis of the significant transactions with related parties.
Lippo di Calderara di Reno, August 4, 2026
The Chief Executive Officer
Valentina Volta The Manager responsible for the preparation of the Company’s
financial reports
Alessandro D'Aniello
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 45
ANNEXES
ANNEX 2
CONSOLIDATION SCOPE
The Consolidated Interim Report includes the annual interim statements of the Parent Company and of the companies in which it directly and/or indirectly has control or significant influence. The statements of the subsidiaries were duly adjusted, where nece ssary, to make them consistent with the Parent Company's Accounting Standards. The companies included in the consolidation scope at June 30, 2026, consolidated on a line -by-line basis, are shown hereunder:
Company name Registered office Share capital Total equity (Euro/thousands) Profit (loss) for
the period
(Euro/thousands) %
Ownership
Datalogic S.p.A. Bologna – Italy € 30,392,175 367,426 (1,419) Datalogic Real Estate France Sas Courtabeuf Cedex – France € 2,227,500 4,033 73 100% Datalogic Real Estate UK Ltd. Redbourn - United Kingdom of Great Britain GBP 3,500,000 4,994 46 100% Datalogic IP Tech S.r.l. Bologna – Italy € 500,000 63,560 (12,872) 100% Datalogic (Shenzhen) Industrial Automation Co. Ltd. Shenzhen - China CNY 2,136,696 7,274 247 100% Datalogic Hungary Kft Balatonboglar -
Hungary HUF 3,000,000 11,123 411 100% Datalogic S.r.l. Bologna – Italy € 10,000,000 232,296 (3,185) 100% Datalogic Slovakia S.r.o. Trnava - Slovakia € 66,388 8,909 1,011 100% Datalogic USA Inc. Eugene OR - Usa USD 100 297,577 2,230 100% Datalogic do Brazil Ltda. Sao Paulo - Brazil BRL 19,424,446 1,006 (5) 100% Datalogic Technologia de Mexico S. de R. L. de C.V. Colonia Cuauhtemoc
- Mexico MXN 0 (582) (77) 100% Datalogic Scanning Eastern Europe GmbH Langen - Germany € 25,000 3,125 (38) 100% Datalogic Australia Pty Ltd. Mount Waverley
(Melbourne) -
Australia AUD 3,188,120 1,796 77 100% Datalogic Vietnam LLC Vietnam USD 3,000,000 38,380 1,371 100% Datalogic Singapore Asia Pacific Pte Ltd. Singapore SGD 3 4,597 123 100% Datasensing S.r.l. Modena - Italy € 2,500,000 13,305 821 100% Datasensing Electronic Components (Tianjin) Ltd. Tianjin - China CNY 13,049,982 1,582 91 100% Datasensing Ibérica, S.A.U. Barcelona - Spain € 120,000 1,274 27 100% Datalogic Japan Co., Ltd. Tokyo - Japan JPY 9,913,000 281 (69) 100% Suzhou Mobydata Smart System Co.
Ltd. Suzhou, JiangSu -
China CNY 161,224 5,458 42 51% Datema Retail Solutions AB Solna, Sweden SEK 300,000 106 (23) 100%
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 46
Companies consolidated by the equity method at June 30, 2026 are as follows:
Company name Registered office Share capital Total equity (Euro/thousands) Profit (loss) for
the year
(Euro/thousands) %
Ownership
CAEN RFID S.r.l. (**) Viareggio LU - Italy € 310,000 975 4 20% R4I S.r.l. (**) Benevento - Italy € 131,250 394 114 20% DL Industriai Automation AB (*) Malmö, Sweden SEK 100,000 2,883 888 20% (*) figures at June 30, 2025 (**) figures at December 31, 2025
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 47
ANNEXES
ANNEX 3
RECONCILIATION OF ALTERNATIVE PERFORMANCE MEASURES (NON -GAAP MEASURES)
Below is a reconciliation of EBIT and Adjusted EBIT at June 30, 2026 versus June 30, 2025:
30.06.2026 30.06.2025
Adjusted EBIT 625 0.3% 4,655 1.9% Special Items - Other Expense and (Income) (1,070) -0.4% (4,658) -1.9% Special Items - D&A from acquisitions (1,725) -0.7% (2,346) -1.0% Total (2,795) -1.1% (7,004) -2.9%
EBIT (2,170) -0.9% (2,349) -1.0%
Below is a reconciliation of EBITDA and Adjusted EBITDA at June 30, 2026 versus June 30, 2025:
30.06.2026 30.06.2025
Adjusted EBITDA 16,652 6.7% 20,758 8.7% Cost of goods sold (60) 0.0% (2,120) -0.9% Research and Development expense (145) -0.1% (419) -0.2% Distribution expense (182) -0.1% (922) -0.4% Administrative and General expense (683) -0.3% (1,197) -0.5% Other (expense) income - 0.0% - 0.0% Total (1,070) -0.4% (4,658) -1.9%
EBITDA 15,582 6.3% 16,100 6.7%
Consolidated Half -Year Financial Report at June 30, 2026
DATALOGIC GROUP 48
ANNEX 4
RESTATEMENT 2025
Comparative results at June 30, 2025, have been restated following reclassifications of certain items to ensure full comparability of 2025 results with 2026 results.
Restatement of Income Statement
(Euro/000) 30.06.2025 Restatement 30.06.2025
Restated
1) Revenue 241,080 (1,460) 239,620 2) Cost of goods sold 139,826 (1,560) 138,266 Gross Operating Margin (1 -2) 101,254 100 101,354 3) Other revenue 916 916 4) Research and development expense 34,305 119 34,424 5) Distribution expense 44,807 763 45,570 6) Administrative and general expense 24,697 (782) 23,915 7) Other operating expense 710 710 Total operating costs 104,519 100 104,619
EBIT (2,349) - (2,349)
8) Financial income 26,088 26,088 9) Financial expense 24,494 24,494 Financials (8 -9) 1,594 - 1,594 Pre-tax profit/(loss) (755) - (755) Income tax - -
Net Profit/(Loss) for the period (755) - (755)
Attributable to:
Shareholders of the Parent (661) (661) Non-controlling interests (94) (94)
Consolidated Half -Year Financial Report at June 30, 2026