Automation takes many forms, and product ID is arguably an under-appreciated part of the automation story. Italy's Datalogic SPA (OTC:DLGCF)
(DAL.MI) is leveraging a strong foundation in retail data capture
(scanners in particular) into new areas and gaining share in markets
like manufacturing, logistics, and healthcare as more businesses turn to
advanced identification technologies to improve production flows,
improve accuracy/reduce errors, and lower overall operating costs.
Datalogic's ADRs are not especially liquid, but these shares are nevertheless worth a look as companies like Honeywell (HON)
bring a higher profile to the opportunities to automate in areas like
warehouses and logistics. With fragmented competition in the
manufacturing and logistics spaces, I believe Datalogic could generate
long-term revenue growth in the high single-digits with improving
margins and perhaps attract the attention of larger players looking to
bring more technology to factory floors and warehouses.
Continue here:
Datalogic Leveraging Its Product ID Know-How Into Larger, Faster-Growing Markets
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