According to industry estimates, an average annual growth rate of global medical X-ray imaging market will be around 5%, security X-ray imaging equipment market 7% and industrial X-ray imaging about 5%.

Q2 2017 half-yearly report

The company estimates that in the second quarter, the computed tomography (CT) market grew by an annual rate of 3-5%. The company estimates that the medical X-ray imaging market will develop positively. Both in China and in North America the demand is expected to remain good. Globally, the company expects the demand to remain at the current level. Competition is expected to tighten. The growth of security imaging market in China has slowed down.

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

Financial Targets

MEDIUM TERM TARGET

Annual
sales growth

>15%

MEDIUM TERM TARGET

Operating
margin

15%

ANNUAL

Dividend or
returned capital

3060%

Market Outlook

icon_medical

MEDICAL MARKET

Annual
Growth Rate

5%

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SECURITY MARKET

Annual
Growth Rate

7%

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INDUSTRIAL MARKET

Annual
Growth Rate

5%