Finland's Detection Technology Q2 revenue rises 5.1% on medical demand

DETECTION TECHNOLOGY Oyj

06/08/2026 07:26

Overview
Finland X-ray detector firm's Q2 revenue rose 5.1% year-over-year, driven by medical applications
Q2 EPS increased to EUR 0.11 from EUR 0.07 a year earlier
Company expects sales growth in Q3 and Q4, but notes ongoing market uncertainty

Outlook
Detection Technology expects total net sales to grow year-on-year in Q3 and Q4 2026
Company sees Q3 sales rising in medical and industrial applications, but security sales to decline
Company cites geopolitical situation, U.S. tariffs, material constraints and price competition as uncertainties

Result Drivers
MEDICAL APPLICATIONS - Co said Q2 growth was driven by strong global demand for medical imaging, especially CT applications
FLAT PANEL DETECTORS - Sales of flat panel detectors (TFT) increased across all geographic markets, with growth in both sales and order book in Western markets
SECURITY APPLICATIONS DECLINE - Sales in security applications fell due to weak demand in China and postponed deployment of aviation CT systems

Company press release: ID:nWkr4PsyJb

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 25.61 mln
 
Q2 EPS
 
EUR 0.11
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Detection Technology Oyj is €9.80, about 22.5% above its August 5 closing price of €8.00
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 5 - One Stop Systems Q2 revenue jumps on higher medical imaging sales; raises 2026 outlook
Aug 4 - Germany's Basler H1 revenue, orders up; lifts 2026 outlook but warns of supply chain risks
Aug 4 - Revvity raises annual profit, revenue forecasts on strong diagnostics demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)