Brief: Detection Technology Q2 EBIT Down At EUR 0.9 Million

DETECTION TECHNOLOGY Oyj

03/08/2022 07:04

Aug 3 (Reuters) - Detection Technology Oyj  DETEC.HE :
    * DETECTION TECHNOLOGY PLC HALF-YEARLY REPORT JANUARY-JUNE
2022
    * Q2 NET SALES DECREASED BY -3.3% TO EUR 22.8 MILLION (23.5)
    * Q2 OPERATING PROFIT (EBIT) WAS EUR 0.9 MILLION (3.0)
    * WE EXPECT DOUBLE-DIGIT GROWTH IN MEDICAL AND SECURITY
SALES AND
GROWTH IN INDUSTRIAL SALES IN Q3
    * WE EXPECT TO SEE DOUBLE-DIGIT GROWTH IN OUR TOTAL NET
SALES BOTH
IN Q3 AND H2 OF 2022, EVEN THOUGH COMPONENT SHORTAGES ARE STILL
EXPECTED TO LIMIT GROWTH

Source text for Eikon:  ID:nWkr2w8BtX 
Further company coverage:  DETEC.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))