Interim report
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Q2 Half - yearly report January - June 2026 DT
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 2 DETECTION TECHNOLOGY PLC HALF-YEARLY REPORT JANUARY-JUNE 2026 Detection Technology Q2 2026: Growth continued, driven by medical applications April-June 2026 highlights • Net sales increased by 5.1% to EUR 25.6 million (24.4) • Net sales of Americas increased by 14.8% to EUR 1.7 million (1.5) • Net sales of APAC (Asia-Pacific) increased by 1.8% to EUR 18.5 million (18.2) • Net sales of EMEIA (Europe, Middle East, India and Africa) increased by 14.8% to EUR 5.4 million (4.7) • Net sales of industrial applications decreased by -6.4% to EUR 5.2 million (5.6) • Net sales of medical applications increased by 21.3% to EUR 12.8 million (10.6) • Net sales of security applications decreased by -7.9% to EUR 7.6 million (8.2) • Operating profit (EBITA) was EUR 1.8 million (1.7) • Operating margin (EBITA-%) was 7.1% of net sales (7.0%) • Return on net assets (RONA, 12-month rolling) was 19.9% (26.8%) January-June 2026 highlights • Net sales increased by 9.1% to EUR 50.9 million (46.6) • Net sales of Americas increased by 21.4% to EUR 2.9 million (2.4) • Net sales of APAC increased by 5.6% to EUR 36.1 million (34.2) • Net sales of EMEIA increased by 18.0% to EUR 11.9 million (10.1) • Net sales of industrial applications increased by 5.6% to EUR 9.8 million (9.3) • Net sales of medical applications increased by 18.5% to EUR 25.4 million (21.4) • Net sales of security applications decreased by -1.5% to EUR 15.7 million (15.9) • Operating profit (EBITA) was EUR 4.2 million (3.1) • Operating margin (EBITA-%) was 8.2% of net sales (6.7%) (Figures in parentheses refer to the corresponding period of the previous year.) Business outlook Detection Technology expects total net sales to grow year-on-year in Q3 and Q4 2026. The geopolitical situation, new U.S. import tariffs, material constraints, and price competition create uncertainty. Detection Technology aims to increase its sales by at least 10% per annum and to achieve an operating margin (EBITA) of 15% in the medium term.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 3 President and CEO, Hannu Martola: “In Q2, we continued to grow, driven by medical imaging applications and flat panel detector (TFT) sales. Sales increased by double digits in the EMEIA region and the Americas, while sales in APAC grew only modestly due to weak demand in China's security and industrial markets. It was particularly encouraging to see growth beginning to emerge in both sales and the order book for TFT in Western markets, especially in industrial applications. Medical sales grew by double digits, supported by strong global demand for computed tomography (CT) applications. We also made progress in the medical TFT market. Our production facility in India received regulatory approval, and we commenced customer deliveries from the site. Sales in security applications declined. Sales increased in Western markets and elsewhere in Asia outside China, where demand for line scan solutions remained weak and the deployment of aviation CT systems has been postponed. Our position and market share in security applications remain strong, particularly in the CT segment. Sales of line scan solutions for industrial applications declined due to the quarter -to-quarter variability typical of this business. In contrast, sales of flat panel detectors increased across all geographic markets. The expansion of our product portfolio, new customer projects, and growing demand from the battery and defense industries support the continued growth of TFT sales. Our profitability improved slightly compared to the reference period. In particular, the product mix, weighted towards medical CT solutions, and the introduction of a production process designed to strengthen our competitiveness weighed on our results. In our DT2030 strategy, flat panel detectors are expected to deliver the largest share of growth and account for one-third of new sales. We have made good progress and secured new business for our new large-area flat panel products, particularly in industrial applications, where demand from 3D imaging in the battery industry and defense applications is driving our growth. To enable this growth, we have invested in our production operations in Finland and a new facility in Shanghai. Product development projects for new line scan, CT and cargo imaging applications are progressing, supporting growth particularly in Western markets while improvi ng our cost competitiveness, especially in the APAC region. We are planning to transition to IFRS reporting at the end of the financial year, which will improve the comparability of our financial reporting with that of our international peers. We expect our total net sales to increase in both Q3 and Q4 2026. In Q3, we expect sales in medical and industrial applications to increase, while sales in security applications are expected to decline due to continued softness in the Chinese market and demand fluctuations in the EMEIA region. Geographically , we expect growth to continue in APAC and the Americas, while sales in EMEIA are expected to decline as part of the sales shifts to the APAC region.”
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 4 Key figures (EUR 1,000) 4-6/2026 4-6/2025 1-6/2026 1-6/2025 1-12/2025 Net sales 25,606 24,372 50,870 46,621 101,023 Change in net sales, % 5.1% -6.6% 9.1% -4.5% -6.0% EBITA 1,830 1,702 4,181 3,101 9,255 EBITA, % 7.1% 7.0% 8.2% 6.7% 9.2% R&D costs 2,823 3,146 5,595 5,781 11,266 R&D costs, % of net sales 11.0% 12.9% 11.0% 12.4% 11.2% Cash flow from operating activities -610 458 -4,028 1,897 3,885 Net interest-bearing debt at end of period -8,497 -19,794 -8,497 -19,794 -20,473 Investments 3,280 1,144 3,689 1,548 2,965 Return on net assets (RONA), % 19.9% 26.8% 19.9% 26.8% 20.4% Gearing, % -10.6% -27.2% -10.6% -27.2% -26.1% Earnings per share, EUR 0.11 0.07 0.24 0.11 0.44 Earnings per share (diluted), EUR 0.11 0.07 0.24 0.11 0.44 Number of shares at the end of the period 14,655,630 14,655,630 14,655,630 14,655,630 14,655,630 Weighted average number of shares outstanding 14,655,630 14,655,630 14,655,630 14,655,730 14,655,680 Weighted average number of shares outstanding, diluted 14,655,630 14,655,630 14,655,630 14,657,943 14,656,787 Net sales During Q2 2026, Detection Technology's total net sales increased by 5.1% (- 6.6%) to EUR 25.6 (24.4) million. Sales in medical applications grew strongly, while net sales in security and industrial applications declined due to weak demand in the Chinese market. Sales in medical applications increased, supported by global demand for CT. Demand for medical flat panel detectors also strengthened, and customer deliveries commenced. Sales in security applications declined due to weak demand for line scan solutions among local customers in China and the delayed deployment of CT systems in the aviation sector, while sales increased in other geographic markets . In industrial applications, sales of line scan solutions declined due to typical quarterly fluctuations, while sales of flat panel detectors increased in all geographical markets. The APAC business unit’s net sales increased by 1.8% (8.6%) and were EUR 18.5 (18.2) million. The EMEIA business unit’s net sales increased by 14.8% (-39.6%) and were EUR 5.4 (4.7) million. The Americas business unit’s net sales increased by 14.8% (-5.2%) and were EUR 1.7 (1.5) million. APAC accounted for 72.3% (74.6%) of the company’s total net sales, EMEIA for 21.0% (19.3%) and the Americas for 6.7% (6.1%). Net sales from medical applications increased by 21.3% (13.9%) and were EUR 12.8 (10.6) million. Net sales from security applications decreased by -7.9% (-28.2%) and were EUR 7.6 (8.2) million. Net sales from industrial applications decreased by -6.4% (4.2%) and were EUR 5.2 (5.6) million. Medical applications accounted for 50.0% (43.3%) of total net sales, security 29.7% (33.8%) and industrial 20.3% (22.8%). The share of the five largest customers in total net sales was 55.3% (51.9%). In H1 2026, the company’s total net sales increased by 9.1% (-4.5%) and were EUR 50.9 (46.6) million. Net sales of APAC increased by 5.6% (5.5%) and were EUR 36.1 (34.2) million. Net sales of EMEIA increased by 18.0% (-27.5%) and were EUR 11.9 (10.1) million. Net sales of Americas increased by 21.4% (-4.8%) and were EUR 2.9
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 5 (2.4) million. APAC accounted for 70.9% (73.3%) of total net sales, EMEIA 23.4% (21.7%) and the Americas 5.6% (5.1%). Net sales from medical applications increased by 18.5% (13.8%) and were EUR 25.4 (21.4) million. Net sales from security applications decreased by -1.5% (-24.4%) and were EUR 15.7 (15.9) million. Net sales from industrial applications increased by 5.6% (4.2%) and were EUR 9.8 (9.3) million. Medical applications accounted for 49.9% (45.9%) of total net sales, security 30.8% (34.1%) and industrial 19.4% (20.0%). The share of the five largest customers in total net sales was 55.7% (55.6%). NET SALES BY BUSINESS UNITS (EUR 1,000) 4-6/2026 4-6/2025 Change, % 1-6/2026 1-6/2025 Change, % 1-12/2025 Americas 1,704 1,485 14.8% 2,860 2,356 21.4% 5,155 APAC 18,515 18,193 1.8% 36,091 34,162 5.6% 70,380 EMEIA 5,386 4,694 14.8% 11,918 10,103 18.0% 25,488 TOTAL 25,606 24,372 5.1% 50,870 46,621 9.1% 101,023 NET SALES BY MAIN APPLICATIONS (EUR 1,000) 4-6/2026 4-6/2025 Change, % 1-6/2026 1-6/2025 Change, % 1-12/2025 Industrial 5,208 5,565 -6.4% 9,845 9,319 5.6% 18,621 Medical 12,805 10,560 21.3% 25,359 21,392 18.5% 46,678 Security 7,593 8,247 -7.9% 15,666 15,910 -1.5% 35,724 TOTAL 25,606 24,372 5.1% 50,870 46,621 9.1% 101,023 Operating result and profitability Detection Technology's operating profit (EBITA) for Q2 was EUR 1.8 (1.7) million, or 7.1% (7.0%) of net sales. Profitability improved slightly from the comparison period. However, profitability was negatively impacted by the product mix being weighted towards medical CT solutions and by the implementat ion of a production process to strengthen the company's competitiveness. Q2 fixed costs were EUR 9.7 (9.7) million, out of which personnel expenses totaled EUR 6.1 (5.9), depreciation and goodwill amortization EUR 0.7 (0.7) and other operating expenses EUR 2.9 (3.1) million. Financial items amounted to EUR -0.1 (0.6) million, and income taxes were EUR -0.1 (-0.2) million. The Q2 result totaled EUR 1.6 (1.0) million. Earnings per share were EUR 0.11 (0.07). Earnings per share (diluted) were EUR 0.11 (0.07). In H1 2026, EBITA was EUR 4.2 (3.1) million, or 8.2% (6.7%) of net sales. In H1 2026, fixed costs were EUR 19.1 (18.8) million, out of which personnel expenses totaled EUR 12.2 (11.7) million, depreciation and goodwill amortization EUR 1.4 (1.5) million and other operating expenses EUR 5.6 (5.7) million. Financial items amounted to EUR -0.3 (0.8) million, and income taxes were EUR 0.2 (0.0) million.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 6 The result for H1 2026 was EUR 3.6 (1.7) million. Earnings per share were EUR 0.24 (0.11). Earnings per share (diluted) were EUR 0.24 (0.11). Cash flow and financing Cash flow from operations in Q2 was EUR -0.6 (0.5) million. Cash flow from operations in H1 2026 amounted to EUR -4.0 (1.9) million. The decline in cash flow was driven by inventory increases to secure supply capability. Cash flow from financing activities in Q2 was EUR -3.6 (-7.3) million. Cash flow from financing activities in H1 2026 was EUR -1.9 (-7.3) million. A dividend of EUR 4.4 (7.3) million, resolved at the Annual General Meeting on 26 March 2026, was paid. In Q2, the change in short-term loans was EUR 0.8 (0) million. In H1 2026, the change in short-term loans was EUR 2.4 (0) million. At the end of the review period, the company’s net interest-bearing debt totaled EUR -8.5 (-19.8) million. Gearing was -10.6% (-27.2%). Cash and cash equivalents amounted to EUR 15.8 (20.2) million at the end of the review period. The company has secured its liquidity by agreeing with banks on lines of credit totaling EUR 2 4.4 (22.9) million at the closing rate of the review period. At the end of the review period, the unused line of credit was EUR 17.1 (22.4) million. The company’s net working capital increased during Q2 by EUR 2.1 million and during H1 by EUR 8.3 million. In H1, inventories increased by EUR 6.7 million, current receivables decreased by EUR 1.7 million and short-term payables decreased by EUR 3.3 million. Investments Investments in Q2 2026 totaled EUR 3.3 (1.1) million. Investments in H1 2026 totaled EUR 3.7 (1.5) million. Investments were mainly directed at long-term R&D, as well as production equipment and machines. Research and development Q2 research and development (R&D) costs, including depreciations, totaled EUR 2.8 (3.1) million, 11.0% (12.9%) of net sales. In H1 2026, R&D expenses were EUR 5.6 (5.8) million, corresponding to 11.0% (12.4%) of net sales. All R&D costs are recognized as expenses. Personnel At the end of June 2026, Detection Technology employed 511 (494) people. A total of 393 people worked in China, 100 in Finland, 9 in France, 5 in India and 4 in the US. Personnel expenses in Q2 amounted to EUR 6.1 (5.9) million. In H1 2026, personnel expenses totaled EUR 12.2 (11.7) million.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 7 PERSONNEL BY GEOGRAPHY 30.6.2026 30.6.2025 Change, % 31.12.2025 APAC 393 376 4.5% 385 Americas 4 3 33.3% 3 EMEIA 114 115 -0.9% 109 TOTAL 511 494 3.4% 497 Changes in the management responsibilities Detection Technology appointed Michael Smith as Vice President, Americas Sales, effective 2 February 2026. He reports to President and CEO Hannu Martola and is responsible for developing the business and driving growth in the Americas. The change had no impact on the company's financial reporting structure or the composition of the management group. DT2030 strategy During H1 2026, Detection Technology continued the execution of its DT2030 strategy, which aims to achieve profitable growth by outgrowing the global X-ray detector market. In executing the strategy, the company focused on strengthening its product and solution offering as well as its operational capabilities. In line with its DT2030 strategy, Detection Technology expanded its product portfolio towards more value - added integrated hardware-software solutions and new technologies. The company commercialized the higher-integration AIDA detector system and commenced customer deliveries in Q1. Leveraging artificial intelligence, AIDA addresses key challenges of photon-counting CT (PCCT) systems, such as efficient management and transfer of large volumes of data. To strengthen its existing business and medical CT product portfolio, Detection Technology launched the next - generation X-ACE HS detector family. The high-speed detector family is available as stand-alone detector modules or as a turnkey subsystem and is AIDA-compatible. In line with its strategy, Detection Technology strengthened its TFT business during Q2 by expanding its X -Panel XL series of extra-large X-ray flat panel detectors with the new high-speed X-Panel 4386 detector. The product family is designed for demanding industrial CT and digital radiography (DR) applications, where large-area imaging, high throughput, and reliability are essential. The solutions address the defense industry's growing need for efficient inspection of drones, ammunition, missiles, and safety- critical subsystems and components. In addition, the product family is well suited for the inspection of composite structures in the aerospace industry, large castings, battery assemblies, and other large industrial assemblies. The performance of the X- Panel XL series has been validated in collaboration with the German research institute Fraunhofer IIS. The company also expanded its product portfolio for EV battery inspection with high -speed IGZO (Indium Gallium Zinc Oxide-based detectors to strengthen its TFT business. The IGZO solutions complement Detection Technology's comprehensive a-Si (Amorphous Silicon) offering and strengthen the company's position in the rapidly growing battery market. To enhance customer experience and support growth opportunities, Detection Technology expanded its Shanghai operations by relocating to larger premises. The expansion strengthens the company's customer support, research and development, testing, and quality assurance capabilities. It also supports the
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 8 development and commercialization of new solutions, enhances cross-functional collaboration, and strengthens delivery reliability. More information about the DT2030 strategy is available in the 2025 annual review and on the company's website. Sustainability During H1 2026, Detection Technology continued to advance its sustainability programme through targeted actions supporting the company's journey towards more sustainable business operations. The results of the company's first EcoVadis assessment were reviewed, and development actions were defined based on the findings. In addition, employees participated in several workshops to strengthen sustainability competencies. The next EcoVadis assessment will be conducted during H2 2026. Detect ion Technology was awarded a Bronze Medal in its first EcoVadis assessment in Q4 2025. Detection Technology's Beijing manufacturing site met the criteria for inclusion on the Beijing Economic - Technological Development Area (BDA) Green Enterprises Creation List and was added to the list. The said programme was launched in January 2026. In addition, the company strengthened employees' environmental awareness through internal campaigns linked to global events, such as World Environment Day. During H1 2026, no violations of environmental legislation were reported to Detection Technology. The company continued to systematically monitor the employee experience. The semi -annual DT Heartbeat pulse survey was conducted in May, achieving a response rate of 74% (72%). The average score improved slightly to 3.4 (3.2) on a scale of 1–4. Development actions were initiated in collaboration with employees, and their implementation is being actively monitored. The company organized an Occupational Health Legislation Awareness Week, a Work Safety Month campaign, and radiation emergency drills at its Beijing and Wuxi sites in China. During January –June 2026, the company recorded no lost-time injuries. As part of its continuous improvement efforts, Detection Technology further strengthened its Lean Six Sigma (LSS) capabilities. During the reporting period, the company organized Yellow Belt training sessions in both Chinese and English. In China, 15 employees participated in Toyota Production System (TPS) training. In Finland, the company also organized training on the Plan–Do–Check–Act (PDCA) problem-solving method to support systematic problem-solving. Detection Technology continued to promote children's rights and global education as part of the Ahlström Collective Impact (ACI) network in collaboration with UNICEF Finland. The company strengthened its communications and engagement activities to increase local impact in line with the global objectives. Supplier sustainability remained an integral part of the company's procurement practices. During the reporting period, key suppliers were audited in accordance with the company's established assessment process. During the reporting period, the company updated its Code of Conduct. The updates included revisions to the environmental policy, adding principles related to water conservation, and to the business ethics policy, introducing principles on the prevention of money laundering and fraud. Detection Technology's quality, environmental, business ethics, people, and occupational health and safety policies together constitute the company's Code of Conduct. The updated Code of Conduct is available on the company's w ebsite.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 9 During H1 2026, no violations of EU or national legislation or of the company's Code of Conduct were reported to the company through its Whistleblowing channel or other reporting channels. Detection Technology’s corporate social responsibility complies with the certified ISO standards. The company acknowledges the Code of Conduct of the Responsible Business Alliance (RBA) and complies with it in its business operations. The company has set metrics to evaluate continuous improvement across all aspects of its Code of Conduct, and the outcome is reviewed quarterly. Further information on Detection Technology's corporate responsibility is available in the 2025 annual report. Shares and shareholders Detection Technology has a rolling Performance Share Plan (PSP). This long-term incentive scheme established for the company’s management and other key employees consists of separate stock awards, which the company’s Board of Directors resolves each year. On 5 March 2026, the company announced the decision by the Board of Directors to launch the PSP 2026 – 2028 program. The performance period of PSP 2026–2028 started in the beginning of January 2026, and it will end at the end of 2028. The potential awards under the performance share plan will be paid during H1 2029 as listed shares of Detection Technology. The primary performance measure based on which the potential share rewards under the program will be paid is the total shareholder return (absolute TSR) of Detection Technology’s share. In addition, performance is evaluated with a sustainability metric, which is connected to the reduction of car bon dioxide emissions. If all the performance targets set for the program are fully achieved, the aggregate maximum number of shares to be paid as a reward under the plan is approximately 279,600 shares (gross earnings before the applicable withholding tax). Approximately 60 people, including management group members, are eligible to participate in the program. The performance period of the PSP 2023–2025 program started at the beginning of 2023 and ended at the end of 2025, and no share-based payments were made under the program. The performance period of the PSP 2024–2026 program started at the beginning of January 2024 and will finish at the end of 2026. The performance period of the PSP 2025–2027 program started in the beginning of January 2025 and will finish at the end of 2027. The average share price of Detection Technology was EUR 8.97 in Q2 and EUR 9.90 in January-June 2026. The highest share price for Q2 was EUR 9.90 and the lowest EUR 8.32. The highest price for the first half of 2026 was EUR 12.15 and the lowest EUR 8.32. The closing price at the end of June was EUR 8.40, and the company had a market capitalization of approximately EUR 123 million. A total of 1.76 million shares, which is 12.0% of the total number of shares, were traded between 2 January and 30 June. The total number of Detection Technology shares at the end of the review period was 14,655,630. The number of shareholders at the end of the review period was 6,263. Approximately 69.7% of the shares were held by the ten largest shareholders. The nominee-registered foreign holding of shares in the company was 10.8%.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 10 The company has one share series, and all shares bear equal voting rights. The company’s shares are listed on the Nasdaq First North Growth Market Finland marketplace under the ticker symbol DETEC. Notifications of major holdings During the review period, Detection Technology Plc received a notification from OP Fund Management Company Ltd in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act. According to the notification, the aggregate holding of the investment funds managed by OP Fund Management Company Ltd in the shares and voting rights of Detection Technology Plc fell below the 5% flagging threshold on 6 February 2026. Risks and uncertainties The company’s most significant short-term direct and indirect risk factors and uncertainties are changes in geopolitics, in particular changes in the U.S. policies and tariffs, changes in the U.S.- China and the EU-China relations, global economic uncertainty, the Russian war in Ukraine and the unrest in the Middle East, along with their ramifications on the global and European security and economy, availability and prices of energy and raw materials and the consequent increase in global political uncertainty. In addition, challenges in the availability of special materials and electronic components may have an adverse impact on the company’s business. Other risks are related to business operations in developing markets, changes in the competitive landscape, price competition, a significant share of net sales being generated by the five largest customers, APAC countries’ large share of sales, customer liquidity, product quality, the startup of production of new products, exchange rate fluctuations, overall cost development particularly in China, the permanence and competence of personnel, recruitment of experts and organizational efficiency. Other risks related to the company and its business operations have been described in more detail in Detection Technology’s financial statements for 2025. Detection Technology takes continuous measures to mitigate the risks. Transition to IFRS reporting Detection Technology is preparing to transition from Finnish Accounting Standards (FAS) to International Financial Reporting Standards (IFRS). The company expects that the transition to IFRS will improve the comparability of its financial reporting with international peer companies, support the execution of its strategy, and enhance its attractiveness to international investors. The company aims to publish its financial statements review for the financial year ending 31 December 2026 in accordance with IFRS. The IFRS transition date will be 1 January 2025. Business review January-September 2026 Detection Technology will publish a business review January-September 2026 on 29 October 2026.
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 11 UNAUDITED HALF-YEARLY REPORT 1.1.-30.6.2026 ACCOUNTING PRINCIPLES This unaudited half-yearly report for the period 1.1.-30.6.2026 has been prepared according to Finnish Accounting Standards (FAS). CONSOLIDATED INCOME STATEMENT (FAS) (EUR 1,000) 4-6/2026 4-6/2025 1-6/2026 1-6/2025 1-12/2025 Net sales 25,606 24,372 50,870 46,621 101,023 Other operating income 171 104 220 387 668 Materials and services -14,534 -13,329 -28,346 -25,625 -55,781 Personnel expenses -6,143 -5,900 -12,174 -11,666 -23,710 Depreciations -414 -442 -807 -896 -1,700 Other operating expenses -2,857 -3,104 -5,582 -5,721 -11,244 EBITA 1,830 1,702 4,181 3,101 9,255 Amortizations -282 -282 -564 -564 -1,129 Financial income and expenses 70 -579 258 -820 -719 Profit before taxes 1,618 840 3,874 1,716 7,407 Income taxes 60 169 -246 -17 -913 Minority interest -37 -21 -48 -36 -53 Profit for the reporting period 1,640 988 3,580 1,664 6,440
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 12 CONSOLIDATED BALANCE SHEET (FAS) (EUR 1,000) 30.6.2026 30.6.2025 31.12.2025 ASSETS NON-CURRENT ASSETS Intangible assets 9,807 10,696 10,097 Tangible assets 4,429 3,891 4,045 Investments 3,477 1,870 1,690 TOTAL NON-CURRENT ASSETS 17,713 16,457 15,832 CURRENT ASSETS Inventories 37,549 21,931 29,172 Non-current receivables 404 371 449 Current receivables 33,780 30,695 33,674 Cash and cash equivalents 15,821 20,244 24,979 TOTAL CURRENT ASSETS 87,555 73,241 88,274 TOTAL ASSETS 105,268 89,697 104,106 EQUITY AND LIABILITIES EQUITY Share capital 80 80 80 Share premium account 5,130 5,130 5,130 Invested non-restricted equity fund 28,405 28,405 28,405 Retained earnings 42,806 37,385 38,133 Profit for the financial period 3,580 1,664 6,440 TOTAL EQUITY 80,001 72,664 78,189 Minority interest 296 211 232 LIABILITIES Current liabilities 24,971 16,823 25,685 TOTAL LIABILITIES 24,971 16,823 25,685 TOTAL EQUITY AND LIABILITIES 105,268 89,697 104,106
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 13 CONSOLIDATED CASH FLOW STATEMENT (FAS) EUR (1,000) 4-6/2026 4-6/2025 1-6/2026 1-6/2025 1-12/2025 Cash flow from operations Operating profit 1,547 1,419 3,617 2,537 8,126 Depreciations 696 724 1,371 1,460 2,829 Other non-cash business activities -495 -1,503 -228 -1,635 -1,541 Change in working capital -2,069 340 -8,278 684 -4,297 Financial income and expenses 46 -250 173 -227 -29 Income taxes paid -336 -272 -682 -922 -1,203 Cash flow from operations -610 458 -4,028 1,897 3,885 Cash flow from investments Investments in intangible and tangible assets -2,725 -326 -3,134 -729 -1,598 Payment for shares in subsidiaries and associated undertakings -554 -818 -554 -818 -1,367 Cash flow from investments -3,280 -1,144 -3,689 -1,548 -2,965 Free cash flow -3,890 -686 -7,717 350 920 Cash flow from financing Change in current loans 809 0 2,449 0 4,042 Dividend paid -4,397 -7,328 -4,397 -7,328 -7,328 Cash flow from financing -3,587 -7,328 -1,947 -7,328 -3,286 Change in cash and cash equivalents Cash and cash equivalents at the beginning of the period 23,145 28,973 24,979 28,266 28,266 Foreign exchange rate effect 153 -715 506 -1,043 -920 Cash and cash equivalents at the end of the period 15,821 20,244 15,821 20,244 24,979 Change in cash and cash equivalents -7,477 -8,014 -9,664 -6,979 -2,367 Change in working capital Change in current receivables 325 -2,662 1,701 413 -1,851 Change in inventories -853 -332 -6,685 -1,001 -7,594 Change in current liabilities -1,541 3,334 -3,295 1,272 5,147 Change in working capital -2,069 340 -8,278 684 -4,297
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 14 STATEMENT OF EQUITY CHANGES (EUR 1,000) Share capital Share premium Invested unrestricted equity fund Retained earnings Profit for the period Total Equity 1.1.2026 80 5,130 28,405 44,573 0 78,189 Dividend paid 0 0 0 -4,397 0 -4,397 Conversion differences 0 0 0 2,629 0 2,629 Profit for the period 0 0 0 0 3,580 3,580 Equity 30.6.2026 80 5,130 28,405 42,806 3,580 80,001 Equity 1.1.2025 80 5,130 28,405 48,746 0 82,361 Dividend paid 0 0 0 -7,328 0 -7,328 Conversion differences 0 0 0 -4,044 0 -4,044 Adjustments to retained earnings 0 0 0 11 0 11 Profit for the period 0 0 0 0 1,664 1,664 Equity 30.6.2025 80 5,130 28,405 37,385 1,664 72,664 Equity 1.1.2025 80 5,130 28,405 48,746 0 82,361 Dividend paid 0 0 0 -7,328 0 -7,328 Conversion differences 0 0 0 -3,296 0 -3,296 Adjustments to retained earnings 0 0 0 11 0 11 Profit for the period 0 0 0 0 6,440 6,440 Equity 31.12.2025 80 5,130 28,405 38,133 6,440 78,189 Espoo 5 August 2026 Board of Directors Detection Technology Plc
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DETECTION TECHNOLOGY PLC HALF–YEARLY REPORT 2026 UNAUDITED 15 CALCULATION OF KEY FINANCIAL RATIOS EBITA = Operating profit (EBIT) - Amortizations Change in net sales, % = (Net sales - Previous financial year's net sales) / Previous financial year's net sales x 100 EBITA, % = EBITA / Net sales x 100 Net interest-bearing debt = Interest-bearing liabilities - Cash and cash equivalents Return on net assets (RONA), % = EBITA (12 months, excluding NRI) / (Equity + Net interest-bearing debt - Goodwill (average 12 months)) x 100 Gearing, % = (Interest-bearing liabilities - Cash and cash equivalents) / Equity x 100 Earnings per share, EUR = Profit for the reporting period / Weighted average number of shares outstanding Earnings per share (diluted), EUR = Profit for the reporting period / Weighted average number of shares outstanding, diluted
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