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Tecan Group AG (TCHBF)

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208.03

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At close: January 13 at 3:00:00 PM EST

Tecan meets revised sales outlook for fiscal year 2024

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Tecan meets revised sales outlook for fiscal year 2024 Männedorf, Switzerland, January 8, 2025 – In a trading statement, the Tecan Group (SIX Swiss Exchange: TECN) today published unaudited preliminary sales results for fiscal year 2024, meeting the revised sales outlook provided on October 16, 2024. The year 2024 was marked by a challenging market environment for Tecan. Reduced spending in the biopharmaceuti

GlobeNewswire 5 days ago

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Tecan to present at upcoming Investor Conferences

Männedorf, Switzerland, January 6, 2025 – The Tecan Group (SIX Swiss Exchange: TECN) today announced that it will attend and present at the following investor conferences in the upcoming weeks: Baader Helvea Swiss Equities Conference, Bad Ragaz, SwitzerlandDate: 9 January 2025 Participants: Dr. Achim von Leoprechting, CEO Tania Micki, CFO Martin Brändle, SVP, Corp. Comm. & Investor RelationsNot webcasted. Octavian Seminar 2025, Davos, SwitzerlandDate: 10 January 2025Participants: Dr. Achim von L

GlobeNewswire 7 days ago

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Tecan’s Capital Markets Day highlights strategic growth drivers, groundbreaking innovation and product launches

Tecan’s Capital Markets Day highlights strategic growth drivers, groundbreaking innovation and product launches Männedorf, Switzerland, October 22, 2024 – The Tecan Group (SIX Swiss Exchange: TECN) is hosting a Capital Markets Day, including a live webcast, today in Männedorf, Switzerland, providing investors with an in-depth view of the company’s solid foundations for continued growth and profitability improvements. The strategic growth drivers that enable the company to capitalize on industry

GlobeNewswire 2 months ago

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Tecan provides update on current trading and revised outlook for full year 2024

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Tecan provides update on current trading and revised outlook for full year 2024 Substantial reductions in OEM customer forecasts as the main factor negatively impacting outlook for 2024 since last update in AugustLife Sciences Business continues to face a challenging market environment but is showing sequential growth in the second half of 2024Rigorous cost-down program being executedPositive mid-term outlook

GlobeNewswire 2 months ago

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Tecan crashes 15% after slashing sales forecast

Shares of Tecan (SIX:TECN) crashed on Tuesday after the company slashed its sales forecasts for 2024, citing a challenging first half of the year marked by declines in key financial metrics. The revised outlook came as Tecan grappled with weaker-than-expected demand across several critical markets. Tecan plunged 16.2% to CHF 273.60 at 4:50 AM (0850 GMT).

Investing.com 4 months ago

TECN.SW
Tecan reports financial results for the first half of 2024 and revises its outlook for full year 2024

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Tecan reports financial results for the first half of 2024 and revises its outlook for full year 2024 Financial results for the first half of 2024 – Highlights Sales of CHF 467.2 million (H1 2023: CHF 541.5 million) Sales development of -11.6% in local currencies or -13.7% in Swiss francsDecline in sales mainly due to softness in the instrument business with biopharmaceutical companies globally and general ma

GlobeNewswire 4 months ago

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Tecan schedules conference call on August 13th to discuss half year 2024 financial results

Tecan schedules conference call on August 13th to discuss half year 2024 financial results Männedorf, Switzerland, August 6, 2024 – The Tecan Group AG (SIX Swiss Exchange: TECN) will hold a conference call to discuss the financial results for the first half year 2024 on Tuesday, August 13th, 2024 at 08:30 CEST. The results will be published on August 13th, 2024 at 6:00 CEST. The conference call will be audio-webcast with synchronized presentation slides. The webcast and a replay of the webcast w

GlobeNewswire 5 months ago

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Tecan appoints Mukta Acharya Head of the Life Sciences Business division

Tecan appoints Mukta Acharya Head of the Life Sciences Business division Männedorf, Switzerland, June 24, 2024 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that Mukta Acharya, currently serving as President, Tecan Americas, has been appointed the new Head of the Life Sciences Business division and a member of the Management Board of the Tecan Group. She is expected to assume her new position on August 1, 2024. Dr. Klaus Lun, Head of the Life Sciences Business since 2017 and a mem

GlobeNewswire 6 months ago

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Annual General Meeting 2024: Tecan shareholders endorse all motions proposed by the Board of Directors

Annual General Meeting 2024: Tecan shareholders endorse all motions proposed by the Board of Directors Increase in the dividend from CHF 2.90 to CHF 3.00 per share Monica Manotas elected as additional independent member of the Board of DirectorsLukas Braunschweiler, Myra Eskes, Oliver Fetzer, Matthias Gillner, Karen Huebscher, Christa Kreuzburg and Daniel R. Marshak re-elected as members of the Board of DirectorsLukas Braunschweiler confirmed by shareholders as Chair of the BoardMyra Eskes, Oliv

GlobeNewswire 8 months ago

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Is Tecan Group AG's (VTX:TECN) Latest Stock Performance A Reflection Of Its Financial Health?

Tecan Group (VTX:TECN) has had a great run on the share market with its stock up by a significant 12% over the last...

Simply Wall St. 9 months ago

TECN.SW
Annual General Meeting 2024: Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of Incorporation

Annual General Meeting 2024: Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of Incorporation Monica Manotas proposed as a new member of the Board of DirectorsBoard of Directors will propose all current members for re-electionVarious amendments to the Articles of Incorporation proposed to adapt them to new circumstancesReport on non-financial matters submitted for approval for the first timeProposed dividend increase from CHF 2.90

GlobeNewswire 9 months ago

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Tecan Group Full Year 2023 Earnings: EPS Beats Expectations

Tecan Group ( VTX:TECN ) Full Year 2023 Results Key Financial Results Revenue: CHF1.07b (down 6.1% from FY 2022). Net...

Simply Wall St. 9 months ago

TECN.SW
Tecan Group AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Tecan Group AG ( VTX:TECN ) shareholders, because the company has just released its latest...

Simply Wall St. 9 months ago

TECN.SW
Tecan reports solid underlying sales growth and an increase in profitability and net profit for full year 2023

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Tecan reports solid underlying sales growth and an increase in profitability and net profit for full year 2023 Financial results for the full year 2023 – Highlights Sales of CHF 1,074.4 million (2022: CHF 1,144.3 million) Underlying growth of +6.3% in local currencies, excluding effects from lower COVID-related revenues and reduced material cost pass-through Sales development of -1.3% in local currencies (-6.

GlobeNewswire 9 months ago

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Tecan schedules conference call on March 12 to discuss Full-Year 2023 Financial Results

Männedorf, Switzerland, March 5, 2024 – The Tecan Group (SIX Swiss Exchange: TECN) will hold an Analyst and Media conference call to discuss the full-year 2023 financial results on Tuesday, March 12, 2024 at 09:00 am CET. The press release with the 2023 full-year financial results and the Annual Report 2023 will be published on March 12, 2024 at 6:00 am CET. The conference call will be audio-webcast with synchronized presentation slides. A link to the webcast will be made available in the "Inves

GlobeNewswire 10 months ago

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With 70% ownership, Tecan Group AG (VTX:TECN) boasts of strong institutional backing

Key Insights Significantly high institutional ownership implies Tecan Group's stock price is sensitive to their trading...

Simply Wall St. 10 months ago

TECN.SW
Tecan Group AG's (VTX:TECN) Intrinsic Value Is Potentially 18% Below Its Share Price

Key Insights The projected fair value for Tecan Group is CHF265 based on 2 Stage Free Cash Flow to Equity Tecan Group's...

Simply Wall St. 11 months ago

TECN.SW

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Tecan Group AG (TCHBF)

Tecan meets revised sales outlook for fiscal year 2024

Tecan to present at upcoming Investor Conferences

Tecan’s Capital Markets Day highlights strategic growth drivers, groundbreaking innovation and product launches

Tecan provides update on current trading and revised outlook for full year 2024

Tecan crashes 15% after slashing sales forecast

Tecan reports financial results for the first half of 2024 and revises its outlook for full year 2024

Tecan schedules conference call on August 13th to discuss half year 2024 financial results

Tecan appoints Mukta Acharya Head of the Life Sciences Business division

Annual General Meeting 2024: Tecan shareholders endorse all motions proposed by the Board of Directors

Is Tecan Group AG's (VTX:TECN) Latest Stock Performance A Reflection Of Its Financial Health?

Annual General Meeting 2024: Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of Incorporation

Tecan Group Full Year 2023 Earnings: EPS Beats Expectations

Tecan Group AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Tecan reports solid underlying sales growth and an increase in profitability and net profit for full year 2023

Tecan schedules conference call on March 12 to discuss Full-Year 2023 Financial Results

With 70% ownership, Tecan Group AG (VTX:TECN) boasts of strong institutional backing

Tecan Group AG's (VTX:TECN) Intrinsic Value Is Potentially 18% Below Its Share Price