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IR highlights
We are a global provider of X-ray detector solutions and services for medical, security, and industrial applications. Our company’s shares are listed on Nasdaq First North Growth Market Finland under the ticker symbol DETEC.
Latest releases
Next IR event
Financial statements and annual review 2022 will be published latest on 9 March 2023
Annual
review
2021
Annual general meeting 2023
The Annual general meeting of Detection Technology Plc is scheduled for 30 March 2023. Read more ›
We offer off-the-shelf and customized X-ray imaging solutions and services for original equipment manufacturers (OEMs) and system integrators. Our solutions meet the performance and reliability requirements of the most stringent applications, such as high-end computed tomography (CT) systems. Over two billion inspections are done daily with our technology, and the number is growing rapidly.
Key figures
99 M€
Total net sales in 2022
6%
EBIT-% in 2022
390
Active customers in over 40 countries
470
Employees in Finland, China, France and the US
Global trends as growth drivers
Ageing populations
boost investments in healthcare.
The growing importance of security
boosts public and private sector investments in security.
The eco economy
boosts X-ray demand as green products and service models become more common.
The circular economy
boosts X-ray demand as recycling and material sorting increase.
Digitalization and AI
boost X-ray usability as data utilization reaches a new level.
Quality and efficiency requirements
boost the use of X-rays in quality assurance of materials, components, and processes.
Emerging markets
boost investments in healthcare and security as purchasing power increases with GDP growth.
Pandemics
boost healthcare investments in developed and emerging countries.
Lack of raw materials
boosts the use of X-rays in the exploitation of scarce discoveries.
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
investors@nulldeetee.com
Hannu Martola
President and CEO
+358 500 449 475
hannu.martola@nulldeetee.com
For investor meetings and requests
Johanna Tarkiainen
Director, Marketing and Communications
+358 40 7287 163
johanna.tarkiainen@nulldeetee.com