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BRIEF-Detection Technology Q4 EBIT ex-items dobles to EUR 5.2 mln
February 3, 2017 / 7:30 AM / 10 months ago

BRIEF-Detection Technology Q4 EBIT ex-items dobles to EUR 5.2 mln

Feb 3 (Reuters) - Detection Technology Oyj :

* Q4 net sales 23.5 million euros ($25.3 million) versus 15.2 million euros year ago

* Q4 EBIT ex-items 5.2 million euros versus 2.4 million euros year ago

* In 2017, company expects its research and development expenses to increase somewhat

* Expects more moderate growth in beginning of 2017, but there is uncertainty in markets

* Expects tightening competition and slowing net sales growth in 2017

* Proposes capital repayment of 0.25 euros per share be paid Source text for Eikon:

Further company coverage: ($1 = 0.9297 euros) (Gdynia Newsroom)

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