Detection Technology Oy · OMXHEX:DETEC
Detection Technology Oy — Q3 2024 Earnings Presentation
17 slides from Detection Technology Oy's earnings presentation, Oct 29, 2024
Slide 1: Q3 January–September 2024 Business review
Q3 January–September 2024 Business review President and CEO Hannu Martola | 29 October 2024
Slide 2: Q3 2024 net sales and EBITA
Q3 2024 27.1 10.6 4.2 15.3 net sales, €m net sales change-% EBITA, €m EBITA-% (24.5) (-10.2) (1.3) (5.4) 2 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 3: Improved result and double-digit growth
Improved result and double- digit growth Industrial sales +24% • Good demand continued; the food industry turned to a growth-path, and demand was also strong in the industrial CT and the specialty tire industry • Sales grew above the market thanks to the legacy line scanner business Medical sales +1
Slide 4: Net sales by quarter
Net sales by quarter (EUR 1,000) 35,000 30,000 25,000 20,000 10.6 15,000 (YOY change-%) 10,000 5,000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2021 2022 2023 2024 4 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 5: Operating margin (EBITA) excluding NRI
Operating margin (EBITA) excluding NRI (EUR 1,000) 5,000 25% 4,500 4,000 20% 3,500 3,000 15.3% 15% 14.8% 14.1% 2,500 12.6% 12.7% 12.0% 2,000 9.9% 10.0% 10% 9.0% 1,500 7.5% 7.4% 6.5% 1,000 5.2% 5.4% 5% ,500 2.3% 0 0% Q121 Q221 Q321 Q421 Q122 Q222 Q322 Q422 Q123 Q223 Q323 Q423 Q124 Q224 Q324 EBITA exc
Slide 6: Q3 2024 sales split by business units
Q3 2024 sales split by business units NET SALES €m YOY CHANGE-% 18.2% IBU 4.9 24.0 TOTAL NET SALES 27.1 41.7% MBU 10.9 0.6 €m 40.2% SBU 11.3 16.2 6 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 7: Q3 2024 sales split by region
Q3 2024 sales split by region NET SALES €m YOY CHANGE-% 7.4% 26.5% AMERICAS 2.0 -14.5 TOTAL NET SALES 27.1 €m APAC 17.9 3.8 66.1% EMEA 7.2 46.4 7 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 8: Q1-Q3 net sales and EBITA
Q1-Q3 75.9 4.7 9.7 12.8 net sales, €m net sales change-% EBITA, €m EBITA-% (72.5) (3.0) (4.2) (5.7) 8 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 9: Q1-Q3 2024 sales split by business units
Q1-Q3 2024 sales split by business units NET SALES €m YOY CHANGE-% 18.3% IBU 13.9 24.5 TOTAL NET SALES 75.9 42.6% MBU 29.7 -15.9 €m 39.1% SBU 32.3 24.1 9 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 10: Q1-Q3 2024 sales split by region
Q1-Q3 2024 sales split by region NET SALES €m YOY CHANGE-% 5.9% 26.3% AMERICAS 4.5 -46.9 TOTAL NET SALES 75.9 €m APAC 51.5 3.4 67.8% EMEA 20.0 39.9 10 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 11: Key figures
Key figures Q3 2024 Q3 2023 Q1-Q3 2024 Q1-Q3 2023 FY 2023 Net sales, EUR 1,000 27,103 24,507 75,901 72,479 103,794 Change in net sales, % 10.6% -10.2% 4.7% 3.0% 5.3% EBITA excluding NRI, EUR 1,000 4,157 2,207 9,726 5,034 9,656 EBITA excluding NRI, % 15.3% 9.0% 12.8% 6.9% 9.3% Non-recurring items (NR
Slide 12: Strategy highlights
Strategy highlights Commenced the establishment of a service and production facility in the New Delhi area for Made in India offering • Focuses on the end-assembly and final testing • Starts first deliveries in H1 2025 Progressed as planned in manufacturing of EU Origin products at its new facility
Slide 13: Events after the review period ended
Events after the review period ended Has plans to reform its operating model and corresponding organization as of 1 January 2025 • Establishes regional business units: APAC, EMEIA and Americas Aims to improve customer service, sharpen the regional key account management, and speed up decision-making
Slide 14: Sales expectation Q4 2024 and Q1 2025
Sales expectation Q4 2024 and Q1 2025 Industrial Medical Security to grow to decline slightly to grow in Q4 in Q4 in Q4 YOY total net sales to remain stable in Q4 2024 and Q1 2025. 14 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 15: Business outlook
Business outlook SECURITY MARKET annual growth rate Detection Technology expects its year-on-year total net sales to remain stable in Q4 of 2024 8% and Q1 of 2025. Detection Technology refines its previous H2 of 2024 estimate of double- INDUSTRIAL MARKET digit growth in total net sales (published 6
Slide 16: Financial targets
FINANCIAL TARGETS MEDIUM TERM Annual MEDIUM TERM Operating ANNUAL Dividend or sales growth margin (EBITA) returned capital >10% 15% 30-60% 16 29.10.2024 Detection Technology | Business review January—September 2024 presentation
Slide 17: www.deetee.com
Detection Technology