Brief: Detection Technology Oyj - Q4 Net Sales Decreased By -20.4% To EUR 19.9 Million

DETECTION TECHNOLOGY Oyj

02/02/2021 07:31

Feb 2 (Reuters) - Detection Technology Oyj  DETEC.HE :
    * DETECTION TECHNOLOGY OYJ - Q4 NET SALES DECREASED BY -20.4% TO EUR 19.9 MILLION (25.0)
    * DETECTION TECHNOLOGY OYJ - Q4 OPERATING PROFIT (EBIT) EXCLUDING NON-RECURRING ITEMS (NRI)
WAS
EUR 2.3 MILLION (3.9)
    * DETECTION TECHNOLOGY OYJ - EXPECTS GROWTH IN IBU SALES AND DOUBLE-DIGIT GROWTH IN MBU
SALES IN
H1 OF 2021
    * DETECTION TECHNOLOGY OYJ - DEMAND IN SECURITY MARKET IS EXPECTED TO HEAD FOR GROWTH IN Q2
OF
2021 AT EARLIEST
    * DETECTION TECHNOLOGY OYJ - SBU SALES WILL DECREASE IN Q1 YEAR-ON-YEAR, BUT WILL START TO
GROW IN
Q2, ALTHOUGH DEMAND IS STILL SUBJECT TO UNCERTAINTY
    * DETECTION TECHNOLOGY OYJ - TOTAL NET SALES IS EXPECTED TO DECREASE IN Q1 AND GROW IN H1 OF
2021.
    * DETECTION TECHNOLOGY OYJ - PROPOSES DIVIDEND OF EUR 0.28 PER SHARE

Source text for Eikon:  ID:nWkr5RfzMc 
Further company coverage:  DETEC.HE 

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