According to industry estimates, the average growth rate is around 5% per year in the global medical X-ray imaging market, 7% in the security X-ray equipment market and around 5% in industrial X-ray imaging.

Financial statements review January-December 2018

Detection Technology estimates that the annual growth rate will remain at this level in all market segments in 2019.

The company estimates that sales will increase in both business units during the first half of 2019, and revenue growth will slow down in the second half of the year. There is uncertainty regarding demand, and the intensification of competition might be reflected in product prices.

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.