Detection Technology is a global provider of X-ray imaging subsystems and components for medical, security and industrial applications. The company’s net sales grew 77% to EUR 76 million in 2016. The company has over 200 active customers in 40 countries. Detection Technology employs over 400 people in Finland, China and the US. The company’s shares are listed at the Nasdaq First North Finland under the ticker symbol DETEC.
DETEC Nasdaq First North
KEY FIGURES
76M€
Net sales in 2016
77%
Net sales growth in 2016
200
Active customers in 40 countries
400
Employees in Finland, China and the US
Net sales split by geography and business units in 2016
GLOBAL TRENDS DRIVE GROWTH
EMERGING MARKETS
invest more and more on healthcare and security, as purchase power increases with GDP growth.
AGING POPULATION
increase healthcare investments, as a growing number of people suffer from diseases and disabilities.
INSECURITY CONCERNS
have put focus of governments and organizations to increase spending on security.
EFFICIENCY, QUALITY AND COST
Scanning of critical components, separating and sorting of substances in the industry.
FINANCIAL TARGETS
MEDIUM-TERM TARGET
Annual
sales growth
>15%
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
7%
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