Detection Technology is a global provider of X-ray detector solutions for medical, security and industrial applications. The company’s net sales totaled EUR 102 million in 2019. The company has 280 active customers in 40 countries. Detection Technology employs around 500 people in Finland, China, France and the US. The company’s shares are listed on Nasdaq First North Growth Market Finland under the ticker symbol DETEC.
DETEC Nasdaq First North Growth Market Finland
KEY FIGURES
102M€
Net sales in 2019
17%
EBIT-% excluding NRI in 2019
280
Active customers in over 40 countries
496
Employees in Finland, China, France and the US
Net sales split by geography and business units in 2019
GLOBAL TRENDS DRIVE GROWTH
INSECURITY CONCERNS
have made governments and organizations focus on increasing spending on security.
AGING POPULATIONS
are increasing healthcare investments, as a growing number of people suffer from diseases and disabilities.
Digitalization and AI
raises X-ray imaging to a new level and accelerates device renewal.
EFFICIENCY, QUALITY AND COST
Scanning of critical components, separating and sorting of substances in industry.
EMERGING MARKETS
are investing more and more in healthcare and security, as purchase power increases with GDP growth.
FINANCIAL TARGETS
MEDIUM-TERM TARGET
Annual
sales growth
>10%
MEDIUM-TERM TARGET
Operating
margin
≥15%
ANNUAL
Dividend or
returned capital
30–60%
MARKET OUTLOOK
MEDICAL MARKET
Annual
Growth Rate
5%
SECURITY MARKET
Annual
Growth Rate
6%
INDUSTRIAL MARKET
Annual
Growth Rate
5%
INVESTOR CONTACTS
President and CEO
Hannu Martola, tel. +358 500 449 475
For investor meetings and requests
Communications and Marketing Manager
Johanna Tarkiainen, tel. +358 40 7287 163
E-mail
investors@nulldeetee.com