Brief: Detection Technology Q3 EBIT down at EUR 0.4 million

DETECTION TECHNOLOGY Oyj

29/10/2015 07:23

Oct 29 (Reuters) - Detection Technology Oyj  DETEC.HE : 
    * Q3 net sales 9.3 million euros ($10.17 million) versus 8.7 million euros year ago 
    * Q3 EBIT 0.4 million euros versus 1.1 million euros year ago 
    * Total capital expenditure related to new factory in Beijing, China and other investments 
are estimated to amount to  4.5 million - 5.0 million euros in 2015 
    * Non-recurring costs relating to setting up new factory in Beijing are estimated to be 
close to 1.0 million euros in 2015 
    * Research and development costs for 2015 are expected to be about 15 pct of net sales, 
thanks to new long-term customer projects won during second part of 2015 
 
Source text for Eikon:  ID:nHUGb33Jbg  
     
Further company coverage:  DETEC.HE  
 
($1 = 0.9145 euros) 
 
 (Gdynia Newsroom) 
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