Feb 06, 2025 / 11:00AM GMT
Hannu Martola - Detection Technology Oyj - Chairman of the Management Group, President, Chief Executive Officer
Good afternoon, everyone and welcome to follow DT fourth quarter results announcing. My name is Hannu Martola, President and CEO of Detection Technology; and I have the pleasure to introduce you to the DT fourth quarter results.
As we call it was a strong finish to a good year. So, we reached sales of EUR31.6 million. A slight increase 1% increase to last year record. Fourth quarter '23 and reached EBITA EUR5.2 million which is a clear increase into the year on year 4.6 and reached an of EBITA 16.3%.
So, where did this come from?
So, both on a year on year and quarter on quarter, we clearly improved and actually had a notable increase in cash flow. Industrial sales grew 4%. This is very much driven by legacy industrial, if I call it this way because the sales actually slightly declined in fourth quarter due to the very severe and price competition in China. Medical sales was down 5% or negative 5% but also medical actually stabilized from the third quarter decline.
Full Year 2024 Detection Technology Oyj Earnings Call Transcript
Feb 06, 2025
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