Detection Technology PLC (LTS:0CXE)
€ 13.8573 0 (0%) Market Cap: 219.11 Mil Enterprise Value: 206.66 Mil PE Ratio: 27.18 PB Ratio: 2.97 GF Score: 79/100
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Q2 2024 Detection Technology Oyj Earnings Call Transcript

Aug 06, 2024 / 10:00AM GMT
Release Date Price: €13.86
Hannu Martola
Detection Technology Oyj - Chairman of the Management Group, President, Chief Executive Officer

Good afternoon, everybody. My name is Hannu Martola. I'm the President and CEO of Detection Technology, and welcome to follow Detection Technology's second-quarter result announcing through webcast. what does DT, Detection Technology, do? We are the eyes of X-ray equipment. We provide our detectors to major medical, security, and industrial OEMs, and you can find our products in hospitals, in the computed tomography equipment, or airports for security screening or various industrial applications; for example, battery manufacturing or food scanning -- food manufacturing lines, and so on.

I'm pleased to now report what we have achieved after second quarter and during second quarter. So we reached the sales of EUR26.1 million, growing about 4%, 3.5% from last year, second quarter. We reached much better profitability, EUR3.3 million, which is 12.7% of our second-quarter sales.

We had quite big variation in our business units. I mean, industrial business unit grew really, really

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