Revenue distribution by industry:

• Communication solutions: 45%
• Metal detection: 40%
• Mining and security solutions: 15%

TOP 3 markets and their percentage shares:

• Australia: 30%
• North America: 25%
• Africa: 20%

Codan Limited generates its revenues mainly from three core areas: communication solutions, metal detection, and mining and security solutions. The largest share of revenue comes from the communication solutions sector, followed by metal detection.

Geographically, Australia is the largest market for Codan, followed by North America and Africa. These markets significantly contribute to the total revenue and are crucial for the company's growth. The strong presence in these regions enables Codan to benefit from the demand for high-quality communication and detection solutions.

Production sites of Codan Limited:

Codan Limited mainly produces its products in Australia. The company's main production facility is located in Adelaide, South Australia. Additionally, Codan also has production capacities in Malaysia, which it uses to better serve the demand in the Asian markets.

These production sites enable Codan to efficiently meet the needs of its global customers while optimizing production costs at the same time.

Revenue Growth: Estimate 8-10% annually (2025)

Codan Limited is pursuing a growth strategy focused on diversifying its product lines and entering new markets. The company plans to expand its presence in the communication solutions and metal detectors sectors by investing in research and development to bring innovative products to the market.

Another key focus is on strategic acquisitions to expand the existing product portfolio and integrate new technologies. Codan aims to increase its global footprint, especially in regions with growing demand for security and communication solutions.

Additionally, the company is aiming to enhance operational efficiency to increase profitability and shareholder value. This strategy is supported by increased use of digital technologies and automation to optimize production processes.

Main materials: Electronic components, metals, plastics
Countries of origin: China, USA, Germany, Japan

Codan Limited, a company specializing in communication and metal detection solutions, mainly imports electronic components, metals, and plastics. These materials are essential for the production of their products, such as metal detectors and communication devices.

China is a significant supplier of electronic components and plastics, while the USA and Germany supply high-quality metals and specialized electronic parts. Japan is also an important partner, especially for advanced electronic components. These global supply chains enable Codan to offer high-quality products at competitive prices.

Market Share: 35% in the field of metal detectors (2024)
R&D Investments: 8% of revenue (2024)
Customer Satisfaction: 4.5 out of 5 points (industry comparison, 2024)

Codan Limited has a significant competitive advantage, especially in the field of metal detectors, where the company holds a market share of 35%. This strong position is supported by continuous investments in research and development, which account for 8% of revenue.

The high customer satisfaction, rated at 4.5 out of 5 points, underscores the quality and reliability of Codan's products. These factors, combined with strong brand recognition and a global distribution network, secure the company a sustainable competitive advantage in its core markets.

Institutional Investor Share: 45% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last year (estimated for 2025)

The institutional investor share in Codan Limited is estimated to be around 45%, indicating a strong trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions.

In 2025, there were no significant insider buys or sells, suggesting that the management and other insiders have confidence in Codan Limited's current business strategy and future direction. This can be seen as a positive signal for the stability and trust in the company's leadership.

Market Share Codan Limited: Estimated 5% (2025)

Main Competitors and their Market Shares:

1. Garrett Metal Detectors: 15%
2. Minelab (Part of Codan Limited): 12%
3. Fisher Research Labs: 10%
4. Whites Electronics: 8%
5. Nokta Makro: 6%
6. XP Metal Detectors: 5%
7. Teknetics: 4%
8. Bounty Hunter: 3%
9. Quest Metal Detectors: 3%
10. Tesoro Electronics: 2%

Codan Limited, especially through its brand Minelab, has secured a significant market share in the metal detectors sector. Minelab is known for its technological innovations and the high quality of its products, which creates a strong moat. This gives Codan Limited a competitive advantage, especially in the premium segment of metal detectors.

Compared to other companies, Codan Limited has a technological advantage through Minelab, which acts as a moat. However, Garrett Metal Detectors dominates the market with its wide range of products and strong brand recognition, which also represents a significant moat.

The competitive landscape is dynamic, with technological innovations and brand loyalty being crucial factors for success. Codan Limited must continue to invest in research and development to maintain its technological edge and strengthen the moat.

Revenue Growth: 8.5% (2024) Profit Growth: 7.2% (2024) R&D Investments: 5% of revenue (2024)

Codan Limited recorded solid revenue growth of 8.5% in 2024, driven by strong demand for their communication and metal detection products. The company also achieved a profit growth of 7.2%, indicating efficient cost controls and operational improvements.

Another positive aspect is the continuous investment in research and development, amounting to 5% of revenue. This demonstrates the company's commitment to developing innovative products and strengthening its market position.

Overall, Codan Limited's financial performance and strategic direction suggest a potentially good investment, especially for investors interested in long-term growth. However, investors should also consider external factors such as market conditions and geopolitical risks.

Dividend Yield: 3.5% (2025, estimated)
Payout Ratio: 65% (2025, estimated)

Codan Limited has regularly paid dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 3.5% in 2025 is in a solid range, showing that the company aims to involve its shareholders in the profits.

The payout ratio of about 65% suggests that Codan returns a large portion of its profits to shareholders while also retaining enough funds to invest in the company's growth. This balance supports a sustainable dividend policy.