Brief: Detection Technology Q1 EBIT Up At EUR 3.9 Million

DETECTION TECHNOLOGY Oyj

26/04/2019 07:08

April 26 (Reuters) - Detection Technology Oyj  DETEC.HE :
    * REG-DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-MARCH
2019
    * Q1 NET SALES EUR  23.1 MILLION VERSUS EUR 19.3 MILLION
YEAR AGO
    * Q1 EBIT EUR 3.9 MILLION VERSUS EUR 3.7 MILLION YEAR AGO
    * SAYS  DEMAND DEVELOPED FAVORABLY, AND WE RETURNED TO
GROWTH
TRACK AFTER DROP IN Q4 OF 2018
    * SAYS IT WAS GOOD START FOR 2019
    * SAYS WE ARE WELL POSITIONED IN OUR MAIN MARKETS TO MEET
YEAR-ROUND GROWTH TARGETS
    * DETECTION TECHNOLOGY'S MEDIUM-TERM BUSINESS OUTLOOK IS
UNCHANGED
    * AIMS TO INCREASE SALES BY AT LEAST 15% PER ANNUM AND
ACHIEVE
OPERATING MARGIN AT OR ABOVE 15% IN MEDIUM TERM

Source text for Eikon:  ID:nGNE5lzMTT 
Further company coverage:  DETEC.HE 

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