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Q1 2019 January-March Business review President and CEO Hannu - PowerPoint PPT Presentation

Dec 25, 2022 •379 likes •502 views

Q1 2019 January-March Business review President and CEO Hannu Martola 26 April 2019 3.9 M 16.7 % 23.1 M 19.3 % Q1 2019 EBIT (3.7) EBIT-% (19.4) net sales(19.3) net sales change-% (2.4) 2 26/4/2019 DETECTION TECHNOLOGY PLC

  1. Q1 2019 January-March Business review President and CEO Hannu Martola 26 April 2019

  2. 3.9 M€ 16.7 % 23.1 M€ 19.3 % Q1 2019 › EBIT (3.7) EBIT-% (19.4) net sales(19.3) net sales change-% (2.4) 2 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  3. Q1 2019 › Back on track for double-digit growth Sales were driven by customer-specific CT demand especially from China SBU sales up 23% due to good demand and competitive position on security CT, market opening up also in the US and Europe MBU sales up 14% due to well-developed medical CT demand from key customers Operating profit improved although investments in R&D increased by 28% 3 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  4. NET SALES BY QUARTER (EUR 1,000) 30,000 25,000 +19.3% 20,000 15,000 (YOY) 10,000 5,000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 4 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  5. OPERATING PROFIT (EUR 1,000) 8,000 30% 7,000 25.4 % 25% 22.9 % 6,000 22.3 % 21.4 % 21.4 % 21.0 % 20.3 % 20% 19.6 % 19.4 % 19.2 % 5,000 18.3 % 16.7 % 4,000 15% 14.9 % 3,000 10% 2,000 5% 1,000 0 0% Q116 Q216 Q316 Q416 Q117 Q217 Q317 Q417 Q118 Q218 Q318 Q418 Q119 EBIT excluding NRI (EUR 1,000) EBIT-% excluding NRI Mid-term EBIT- target ≥15% 5 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  6. SALES SPLIT BY BUSINESS UNIT › BY REGION › 22% 37% NET SALES NET SALES 23.1 23.1 M€ M€ 16% 62% 63% MBU SBU ASIA +46% AMERICAS -27% NET SALES M€ 8.6 14.5 NET SALES M€ EUROPE +15% YOY CHANGE-% YOY CHANGE-% 13.8% 22.9% YOY CHANGE-% 6 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  7. KEY FIGURES (EUR 1,000) 1-3 2019 1-3 2018 1-12 2018 Net sales 23,053 19,318 93,916 Change in net sales, % 19.3% 2.4% 5.5% Operating profit 3,855 3,741 18,522 Operating margin, % 16.7% 19.4% 19.7% R&D costs 2,499 1,948 8,839 R&D costs, % of net sales 10.8% 10.1% 9.4% Cash flow from operating activities 5,047 5,205 6,122 Capital expenditure 707 960 4,741 Earnings per share, EUR 0.25 0.21 1.03 7 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  8. STRATEGY Focused on SOP (start of production) of new detector solutions Received good customer feedback on pilot deliveries of Aurora, which will have an impact on SBU sales by end of 2019 Made the first customer shipments of X-Panel CMOS flat panel detectors Completed succesfully MultiX integration, started industrialization of multi energy technology Decided to establish a new production and service site to Wuxi 8 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  9. BUSINESS OUTLOOK 5% 6% 5% MEDICAL MARKET SECURITY MARKET INDUSTRIAL MARKET annual growth rate annual growth rate annual growth rate • Estimates sales to increase in both businesses and to achieve double-digit revenue growth in Q2 ASIA-PACIFIC IS THE FASTEST • Expects H2 demand to decline in MBU GROWING MARKET • Despite this expects total net sales to grow in H2 • Uncertainty on demand and competition might be reflected in product prices 9 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  10. FINANCIAL TARGETS UNCHANGED MEDIUM TERM MEDIUM TERM ANNUAL Annual Operating Dividend or sales growth margin returned capital >15% ≥15% 30-60% 10 26/4/2019 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH 2019

  11. 11 26/04/2019 CONFIDENTIAL | Presentation name / Author

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