Detection Technology (DETEC) SEB Nordic Seminar presentation summary

Market position and business overview

• Global provider of X-ray detector solutions for medical, security, and industrial imaging, serving over 600 active customers in 40+ countries.

• Over 2 billion daily scans powered by its technology, with 8 million+ solutions shipped and 2 million+ CT solutions delivered.

• Trusted by 10+ Fortune 500 companies and 500+ world-class brands.

• Recognized for innovation, quality, reliability, and strategic collaboration, with a 7 ppm customer return rate and nearly 100% on-time delivery.

• Selected by leading EV battery manufacturers for technical competence, agility, and high imaging performance.

Product portfolio and innovation

• Offers the world's widest portfolio of off-the-shelf and modular X-ray detector solutions, including CT, line scan, flat panel, and photon-counting detectors.

• Focus on smart, data-generating detectors and outstanding usability to drive customer success.

• Expanding into high-volume a-Si-TFT segment with a scalable, cost-effective flat panel platform.

• Integrated software, AI, and algorithms enhance image quality and enable low-dose, high-quality 3D imaging.

• Leading in photon-counting technology for next-generation X-ray imaging with lower dose and higher resolution.

Financial performance and targets

• 2024 net sales reached €108M with EBITA of €15M; estimated 20% global market share in line scan and CT.

• Q1-Q3 2025 net sales at €71.3M, down 6% year-on-year, with EBITA margin at 8.3%.

• Medium-term targets: annual sales growth >10%, operating margin (EBITA) 15%, and annual dividend payout of 30-60%.

• Aims for €170M net sales by 2030, adding €65M through organic growth and acquisitions.

• Asset-light business model and strong financial position support investments in future growth.