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Tecan Group AG (TECN.S)

TECN.S on Swiss Exchange

228.00CHF
1:38pm IST
Change (% chg)

CHF-2.00 (-0.87%)
Prev Close
CHF230.00
Open
CHF229.60
Day's High
CHF230.40
Day's Low
CHF227.80
Volume
633
Avg. Vol
21,321
52-wk High
CHF243.20
52-wk Low
CHF172.70

Latest Key Developments (Source: Significant Developments)

Tecan Group FY EBITDA Up At CHF 105.3 Mln
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Tecan Group AG ::FY OPERATING PROFIT BEFORE DEPRECIATION AND AMORTIZATION (EBITDA) OF CHF 105.3 MILLION (2016: CHF 89.0 MILLION).FY NET PROFIT OF CHF 66.5 MILLION (2016: CHF 54.5 MILLION); INCREASE OF 22.0%.INCREASE IN DIVIDEND PROPOSED FROM CHF 1.75 TO CHF 2.00 PER SHARE.OUTLOOK 2018: FORECAST FOR ORGANIC GROWTH IN LOCAL CURRENCIES IN MID-SINGLE-DIGIT PERCENTAGE RANGE.OUTLOOK 2018: POTENTIAL ACQUISITIONS NOT TAKEN INTO ACCOUNT.OUTLOOK 2018: FURTHER YEAR OF EBITDA MARGIN OF MORE THAN 19% OF SALES EXPECTED.FY ORDER ENTRY BY 12.1% TO CHF 564.1 MILLION (2016: CHF 503.2 MILLION).FY SALES UP 8.3% IN CHF OR 8.0% IN LOCAL CURRENCIES TO CHF 548.4 MILLION IN 2017 (2016: CHF 506.2 MILLION).  Full Article

Tecan Group to acquire SPEware Corporation
Wednesday, 31 Aug 2016 

Tecan Group AG : Tecan to acquire SPEware Corporation, a leading provider for mass spectrometry sample preparation solutions . Base purchase consideration of $50.0 million (49.0 million Swiss francs) will be fully paid in cash . Closing of transaction expected within coming weeks . Acquisition of US-based speware corporation further expands Tecan's dedicated solutions offering into new market segment .Transaction anticipated to be immediately accretive to earnings per share before transaction-related amortization.  Full Article

Tecan Group H1 sales of CHF 235.3 mln
Tuesday, 16 Aug 2016 

Tecan Group AG : H1 sales of 235.3 million Swiss francs (H1 2015: 200.0 million Swiss francs) . H1 order entry of 250.6 million Swiss francs (H1 2015: 220.1 million Swiss francs) . H1 operating profit before depreciation and amortization (EBITDA) of 37.9 million Swiss francs (H1 2015: 32.6 million Swiss francs) . H1 net profit of 23.5 million Swiss francs(H1 2015 26.0 million Swiss francs) .Outlook for full-year 2016 confirmed.  Full Article

Singulex enters into world-wide service agreement with Tecan
Tuesday, 5 Jul 2016 

Singulex Inc : Singulex enters into world-wide service agreement with Tecan . Pending review,evaluation of SGX Clarity System, CE Mark confirmation is anticipated in early 2017 .U.S. Food and Drug Administration clearance applications for SGX Clarity System to be filed in 2017.  Full Article

BRIEF-Tecan Group FY EBITDA Up At CHF 105.3 Mln

* FY OPERATING PROFIT BEFORE DEPRECIATION AND AMORTIZATION (EBITDA) OF CHF 105.3 MILLION (2016: CHF 89.0 MILLION)