2024 Financial Comparisons Unveiled by Detection Technology After Operational Shift
6 February 2025: Detection Technology has published the quarterly and annual financial comparison figures for 2024 under its new operating and reporting model today. The unaudited net sales comparison figures for the newly established Asia–Pacific (APAC), Europe, Middle East, India and Africa (EMEIA) and Americas Business Units are presented in the table below.
Net sales by business unit (EUR 1,000)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | |
| APAC Business Unit | 15,639 | 16,749 | 17,610 | 20,527 | 70,525 |
| EMEIA Business Unit | 6,160 | 7,777 | 7,490 | 8,971 | 30,398 |
| Americas Business Unit | 907 | 1,567 | 2,003 | 2,114 | 6,591 |
| Group total | 22,706 | 26,093 | 27,103 | 31,613 | 107,514 |
In addition to reporting net sales for the regional business units, the company will report net sales split by its three main applications, namely, medical, security, and industrial. The comparison figures for the main applications are as previously reported under the former business units.
Apart from net sales, Detection Technology does not disclose any other financial key figures by business unit; therefore, the company’s reporting model remains unchanged in other respects. The company will change the net sales reporting method in its financial reporting starting from Q1 2025.
Detection Technology changed its operating model to advance the execution of its strategy and meet its growth targets. The company’s new sales and product organization consists of three regional business units: APAC, EMEIA, and the Americas. The company’s former Security (SBU), Industrial Solutions (IBU) and Medical Business Units (MBU) have been discontinued.
The new business units have end-to-end responsibility for business development, sales, customer relationship management, and product management within their respective areas. In the company’s view, the change will create a solid foundation for its future growth. The aim of the change is to enhance market and customer orientation, local account management, customer service, as well as competitiveness in a rapidly changing world.