Detection Technology Oy · OMXHEX:DETEC
Detection Technology Oy — Q3 2016 Earnings Presentation
13 slides from Detection Technology Oy's earnings presentation, Oct 26, 2016
Slide 1: Business Review January-September 2016
Business Review January-September 2016 Detection Technology Plc | 26 October 2016 | President and CEO Hannu Martola 1 26/10/2016 CONFIDENTIAL | Presentation name / Author
Slide 2: Highlights Q3 2016
HIGHLIGHTS Q3 2016 • Net sales increased by 105.9% to EUR 19.2 million (9.3) • EBIT was EUR 4.1 million (0.4) • EBIT-% was 21.4% of net sales (4.2%) • MBU had a good growth • Strong demand for security solutions continued 2 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 3: Highlights 1-9 2016
HIGHLIGHTS 1-9 2016 • Net sales grew 88.5% to EUR 52.0 million (27.6) • EBIT was EUR 9.6 million (1.7) • EBIT-% was 18.4% of net sales (6.2%) 3 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 4: Net Sales Doubled (YoY)
NET SALES DOUBLED (EUR 1 000) 25 000 20 000 15 000 +106% 10 000 (YOY) 5 000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2014 2015 2016 4 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 5: EBIT-% at Target Level
EBIT-% AT TARGET LEVEL 4 500 25,0 % 4 000 21,4 % 20,0 % 3 500 18,3 % 3 000 17,0 % 16,0 % 15,4 % 14,9 % 15,0 % 2 500 2 000 11,0 % 10,0 % 1 500 8,3 % 8,6 % 1 000 6,0 % 5,3 % 5,0 % 500 - 0,0 % Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 EBIT excluding NRI (EUR 1 000) EBIT-% exclud
Slide 6: Our Businesses in Q3 2016
OUR BUSINESSES IN Q3 2016 MEDICAL 27% SECURITY AND INDUSTRIAL BUSINESS UNIT NET SALES 19.2 BUSINESS UNIT (MBU) (SBU) M€ 73% NET SALES M€5.1 14.1 NET SALES M€ YOY GROWTH-% 54 135 YOY GROWTH-% 6 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 7: Our Businesses in 1-9 2016
OUR BUSINESSES IN 1-9 2016 21% MEDICAL SECURITY AND INDUSTRIAL BUSINESS UNIT NET SALES 52.0 BUSINESS UNIT (MBU) (SBU) M€ 11.1 NET SALES M€ 79% 40.9 NET SALES M€ YOY GROWTH-% 0.7 147 YOY GROWTH-% 7 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 8: Growth Driven by Asia
GROWTH DRIVEN BY ASIA YoY GROWTH-% BY REGION SALES SPLIT BY REGION +62% Q3 2016 16% 15% 69% +70% +131% Q3 2015 21% 18% 61% Americas Europe Asia 8 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 9: Key Figures
KEY FIGURES (EUR 1,000) 7-9/2016 7-9/2015 1-9/2016 1-9/2015 Net sales 19,159 9,305 51,982 27,570 Net sales growth, % 105.9% 6.8% 88.5% 17.9% Operating profit 4,096 394 9,571 1,696 Operating margin, % 21.4% 4.2% 18.4% 6.2% Non-recurring items (NRI) 0 -410 0 -410 R&D costs 1,034 1,681 3,812 4,339 R&D
Slide 10: Strategy Implementation in Q3
STRATEGY IMPLEMENTATION IN Q3 • Launching of new MBU products with successful ramp-up of production and start of customer shipments • Securing higher production capacity to meet strong demand growth • Broadening of technology and customer bases as planned 10 26/10/2016 DETECTION TECHNOLOGY PLC BUSIN
Slide 11: Business Outlook
BUSINESS OUTLOOK MEDICAL MARKET SECURITY MARKET INDUSTRIAL MARKET ANNUAL GROWTH RATE ANNUAL GROWTH RATE ANNUAL GROWTH RATE 5% 8% 5% Detection Technology’s growth is estimated to be exceptionally ASIA-PACIFIC IS THE strong in 2016. The company expects the sales to level off and FASTEST GROWING compet
Slide 12: Financial Targets
FINANCIAL TARGETS MEDIUM TERM TARGET MEDIUM TERM TARGET ANNUAL Annual Operating Dividend or sales growth margin returned capital >15% ≥15% 30-60% 12 26/10/2016 DETECTION TECHNOLOGY PLC BUSINESS REVIEW JANUARY-SEPTEMBER 2016
Slide 13: Slide 13