Denmark's ChemoMetec annual revenue rises on new instrument demand, services growth
Denmark's ChemoMetec annual revenue rises on new instrument demand, services growth
Overview
Denmark cell counting instrument maker's annual revenue grew 3% yr/yr to DKK 511.1 mln
EBITDA rose to DKK 281.3 mln, driven by revenue growth and reduced staff costs
Company will not propose a dividend for the year due to ongoing share buy-back programme
Outlook
Chemometec expects 2026/27 revenue of DKK 545-575 mln
Company guides 2026/27 EBITDA in the range of DKK 300-315 mln
Chemometec to focus on marketing XcytoMatic products and expanding partnerships in 2026/27
Result Drivers
NEW PRODUCT SALES - Growth driven by increased sales of new instruments, especially XcytoMatic products
CUSTOMER AUTOMATION DEMAND - Increased demand for automation and integration solutions supported product sales
REGIONAL PERFORMANCE - Revenue growth in Europe and rest of world offset decline in USA/Canada
Company press release: ID:nGNE6nlyHY
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| DKK 511.10 mln |
|
FY EBITDA |
| DKK 281.30 mln |
|
FY EBITDA Margin |
| 55% |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Chemometec A/S is DKK650.00, about 26.2% above its September 9 closing price of DKK515.00
The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 29 three months ago
Reuters Recommended Reads
Sept 9 - Swiss medical device maker Medacta H1 revenue rises on Asia Pacific, EMEA strength
Sept 9 - Israel's Nano-X Imaging Q2 revenue misses estimates
Sept 9 - Cooper Companies cuts annual profit forecast on weak contact lens demand
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on ChemoMetec A/S
See all newsDenmark's Chemometec Q1 revenue rises 28% on instrument sales
Brief: Chemometec Q1 EBITDA DKK 100.3 Million
Denmark's ChemoMetec lifts FY outlook on strong instrument demand, lower costs
Brief: Chemometec Raises 2026/27 EBITDA Guidance To DKK 335-360 Million
Brief: Chemometec A/S Says Board Initiates Share Buy-Back Based On AGM Authorisation