According to industry estimates, an average annual global growth is about 5% in the medical X-ray imaging market, 7% in security and around 5% in industrial segment.

Business review January-March 2018

The company estimates that sales will grow in the first half of 2018, and stays at previous year’s level in the second half as a key customer stops manufacturing a device that uses one of DT’s products. There is uncertainty regarding demand, and the intensification of competition might be reflected in product prices. In addition, protectionist trade policies may have an impact on the company’s business.

Detection Technology’s mid-term business outlook remains unchanged. The company aims to increase sales by at least 15% per annum and to achieve an operating margin at or above 15% during the medium term.