Duyuru • Feb 06
Detection Technology Oyj Announces Dividend for Period from January-December 2025 Detection Technology Oyj announced dividend of EUR 0.30 per share (0.50) for the period from January-December 2025. Duyuru • Oct 30
Detection Technology Oyj Provides Sales Guidance for the Fourth Quarter of 2025 and First Quarter of 2026 Detection Technology Oyj provided sales guidance for the fourth quarter of 2025 and first quarter of 2026. The company expects a single-digit year-on-year decline in total net sales for fourth quarter 2025 and double-digit growth in first quarter 2026. Duyuru • Aug 18
Detection Technology Oyj Initiates Change Negotiations to Enhance Profitability and Competitiveness Detection Technology Oyj announced in its half-year report that it has initiated cost-saving measures to improve its profitability and competitiveness. As part of these measures, the company will start change negotiations in Finland in accordance with the Act on Co-operation within Undertakings. The change negotiations will cover all senior salaried employees of the company in Finland, a total of 94 employees, including management. According to preliminary estimates, the measures that may be implemented following the negotiations could result in the termination of up to nine (9) employments, temporary layoffs, or reorganization of duties. Detection Technology is implementing efficiency measures and reorganizations at the Group’s various sites worldwide. The measures are expected to be completed by the end of September 2025. Duyuru • Aug 08
Detection Technology Plc Provides Earnings Guidance for the Third Quarter and Second Half of 2025 Detection Technology Plc provided earnings guidance for the third quarter and Second half of 2025. Detection Technology expects a single digit year-on-year net sales decline in third quarter and second quarter of 2025. Detection Technology aims to increase its sales by at least 10% per annum. Duyuru • May 09
Detection Technology Oyj Announces Board Changes Detection Technology Oyj announced Bree Allen, President of the Americas Business Unit and a member of the management group at Detection Technology, is leaving his position with the Group as of 23 May 2025, relocating with his family to Colorado and pursuing new opportunities outside of the company. He has worked for Detection Technology at its Boston office since 2022. Arve Lukander, President of the EMEIA (Europe, Middle East, India and Africa) Business Unit, will take on the responsibility of leading the Americas Business Unit. The change does not have an impact on the company's operating and financial reporting models. The members of Detection Technology's management group, as of 23 May 2025, will be: Mr. Hannu Martola, President and CEO. Mr. Matti Nylander, CFO. Mr. Arve Lukander, President, EMEIA and Americas Business Units. Mr. Chen Wu, President, APAC Business Unit. Mr. Juha Talasmäki, Vice President, Business Development. Ms. Sari Holopainen, Vice President, People and Culture. Mr. Jyrki Still, CTO. Mr. Kai Utela, Vice President, Operations. Duyuru • Mar 03
Detection Technology Announces Board Changes Hannu Syrjälä, Chairman of the Board of Detection Technology Plc, has passed away due to an illness. He served as the Chairman of Detection Technology's Board since 2018 and as a board member since 2017. Detection Technology's Board continues with five members, and Vice Chairman Henrik Roos serves as Chairman until the Annual General Meeting. Duyuru • Aug 06
Detection Technology Oyj Provides Earnings Guidance for the Third Quarter and Second Half of 2024 Detection Technology Oyj provided earnings guidance for the third quarter and second half of 2024. For the period, the company expects its total net sales to grow double-digit in Third Quarter and H2 of 2024. Duyuru • Apr 27
Detection Technology Oyj Provides Earnings Guidance for Second Quarter of 2024 Detection Technology Oyj provided earnings guidance for second quarter of 2024. For the period, company expect year-on-year total net sales to remain stable in second quarter and turn to a growth path in third quarter for the rest of the year. Duyuru • Mar 28
Detection Technology plc Announces Board Changes In its organizing meeting, the Board of Directors of Detection Technology Plc has elected Hannu Syrjälä as the Chair of the Board in accordance with the recommendation of the Shareholders' Nomination Board and Henrik Roos as the Vice Chair until the next Annual General Meeting. In addition, the Board of Directors elected members of the Remuneration and Audit Committees from among its members. The compositions of the Board committees were decided to be as follows: Remuneration Committee: Hannu Syrjälä, Chair, Amy Chen, Henrik Roos. Audit Committee: Jyrki Vainionpää, Chair, Marion Björkstén, Richard Ingram. The Board of Directors assessed the independence of its members and concluded that all members are independent of the company. The members are also independent of the company's significant shareholders, apart from Marion Björkstén, who acts as a Chair of the Supervisory Board of A. Ahlström Oy, and Jyrki Vainionpää, who acts as a President and CEO of A. Ahlström Oy. The largest shareholder of Detection Technology Plc, Ahlstrom Capital BV is a group company of A. Ahlström Oy. Declared Dividend • Mar 26
Dividend increased to €0.23 Dividend of €0.23 is 15% higher than last year. Ex-date: 28th March 2024 Payment date: 9th April 2024 Dividend yield will be 1.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: €0.38 (vs €0.35 in FY 2022) Full year 2023 results: EPS: €0.38 (up from €0.35 in FY 2022). Revenue: €103.8m (up 5.3% from FY 2022). Net income: €5.50m (up 7.6% from FY 2022). Profit margin: 5.3% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Duyuru • Mar 06
Detection Technology Oyj Proposes Dividend for 2023, Payable on April 9, 2024 Detection Technology Oyj proposed to the Annual General Meeting that, based on the adopted financial statements for 2023, a dividend of EUR 0.23 per share be paid. The dividend shall be paid to a shareholder who is registered in the company's register of shareholders, maintained by Euroclear Finland Ltd, on the record date for payment, 2 April 2024. The Board of Directors proposes to the Annual General Meeting that the dividend be paid on 9 April 2024. Buy Or Sell Opportunity • Feb 09
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €14.60. The fair value is estimated to be €18.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Duyuru • Feb 02
Detection Technology Oyj Proposes Dividend Detection Technology Oyj proposed to the Annual General Meeting to be held on 27 March 2024 that, based on the balance sheet adopted for 2023, a dividend of EUR 0.23 per share be paid. The number of shares entitling to dividend is 14,655,930, which means that the total amount of the dividend would be EUR 3,370,864. Reported Earnings • Feb 01
Full year 2023 earnings released Full year 2023 results: Revenue: €104.5m (up 6.0% from FY 2022). Net income: €5.50m (up 7.6% from FY 2022). Profit margin: 5.3% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom. Duyuru • Jan 31
Detection Technology Oyj Announces Executive Changes Detection Technology Oyj announced Matti Nylander appointed as member of the management group at Detection Technology. Matti Nylander (M.Sc. Eng., born in 1978) has been appointed Chief Financial Officer (CFO) and a member of the management group at Detection Technology. He will be responsible for the Group's financial management and its development globally. Matti Nylander will start in his new role on 13 May 2024, and will report to the President and CEO Hannu Martola. Matti Nylander has around twenty years of leadership experience in financial management and development tasks in international electronics industry organizations. He joins Detection Technology from Varjo Technologies Ltd., where he has served as CFO since 2017. He joined Varjo Technologies from HMD Global and prior to that, he worked for Microsoft and Nokia. On 7 November 2023, Detection Technology announced that CFO and a member of the management group Petri Hiljanen is leaving his position with the Group as of 22 December 2023. At the same time, the company announced that Tiina Välkky has been appointed interim CFO and a member of the management group of Detection Technology as of 1 December 2023. Tiina Välkky will continue in this role until 12 May 2024. Duyuru • Jan 30
Detection Technology Oyj Announces Chief Financial Officer Changes Detection Technology Oyj announced that Matti Nylander appointed CFO at Detection Technology. Matti Nylander (M.Sc. Eng., born in 1978) has been appointed Chief Financial Officer (CFO) and a member of the management group at Detection Technology. He will be responsible for the Group's financial management and its development globally. Matti Nylander will start in his new role on 13 May 2024, and will report to the President and CEO Hannu Martola. Matti Nylander has around twenty years of leadership experience in financial management and development tasks in international electronics industry organizations. He joins Detection Technology from Varjo Technologies Ltd., where he has served as CFO since 2017. He joined Varjo Technologies from HMD Global and prior to that, he worked for Microsoft and Nokia. On 7 November 2023, Detection Technology announced that CFO and a member of the management group Petri Hiljanen is leaving his position with the Group as of 22 December 2023. At the same time, the company announced that Tiina Välkky has been appointed interim CFO and a member of the management group of Detection Technology as of 1 December 2023. Tiina Välkky will continue in this role until 12 May 2024. Duyuru • Jan 24
Detection Technology Oyj Announces Carina Andersson and Pasi Koota Not Available for Re-Election to the Board of Directors Detection Technology Oyj at the Annual General Meeting to be held on 27 March 2024, out of the current members of the Board of Directors, Carina Andersson and Pasi Koota have informed that they are not available for re-election to the Board of Directors. Duyuru • Oct 28
Detection Technology Plc Provides Sales Guidance for the Fourth Quarter of 2023 and First Quarter of 2024 Detection Technology Plc provided sales guidance for the fourth quarter of 2023 and first quarter of 2024. For the fourth quarter 2023, the company expects high single-digit growth in total net sales.For the first quarter 2024, the company expects total net sales to grow. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to €12.65, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Duyuru • Sep 05
Detection Technology Appoints Shareholders' Nomination Board A Shareholders' Nomination Board has been appointed at Detection Technology according to holdings on 1 September 2023. CEO of A. Ahlström Lasse Heinonen has been appointed Chairman of the Nomination Board as the representative of Ahlstrom Capital BV, and Deputy CEO of OP Asset Management Kalle Saariaho representing the OP mutual funds and, Director, Sustainability of Aktia Bank Markus Lindqvist representing Aktia's mutual funds have been appointed as Members. The Chairman of Detection Technology's Board of Directors Hannu Syrjälä serves as an expert of the Nomination Board. The organizing meeting of the Nomination Board was held on 4 September 2023. The Shareholders' Nomination Board is responsible for preparing and presenting proposals to the General Meeting concerning the remuneration and number on members of the Board of Directors, as well as proposals related to appointing members of the Board. The Nomination Board will submit its proposals for the next Annual General Meeting to the Board of Directors of Detection Technology at the latest on 31 January 2024. The Nomination Board consists of three members appointed by the company's three largest shareholders, each of which is entitled to nominate one member. The largest shareholders are determined based on the holdings listed in the shareholders' register of the company maintained by Euroclear Finland Ltd. as of the first working day in September preceding the next AGM. The Chairman of the Board of Detection Technology serves as an expert on the Nomination Board, but is not an official member of the Nomination Board and does not have voting rights. Duyuru • Aug 03
Detection Technology plc Provides Sales Guidance for the Third Quarter and Second Half of 2023 Detection Technology Plc provided sales guidance for the third quarter and second half of 2023. The company expects its total net sales to decline in third quarter and to grow in second half of 2023. Duyuru • Feb 03
Detection Technology Oyj Provides Sales Guidance for the First Quarter and First Half of 2023; Provides Earnings Guidance for the Year 2023 Detection Technology Oyj provided earnings guidance for the first quarter of 2023. For the quarter, the company expects double-digit growth in total net sales. For the first half of 2023, the company expects double digit growth in total net sales.For the year, the company aims to increase sales by at least 10% per annum and to achieve a 15% operating margin in the medium term. Duyuru • Sep 28
Detection Technology Oyj to Report Fiscal Year 2022 Results on Feb 02, 2023 Detection Technology Oyj announced that they will report fiscal year 2022 results on Feb 02, 2023 
