Brief: Convatec Group Says YTD Organic Revenue Growth Excluding Innovamatrix Of 4.8%
21/05/2026 07:49
May 21 (Reuters) - ConvaTec Group PLC CTEC.L: CONVATEC GROUP PLC - YTD ORGANIC REVENUE GROWTH EXCLUDING INNOVAMATRIX OF 4.8% AND INCLUDING INNOVAMATRIX 1.6% CONVATEC GROUP PLC - GOOD START TO YEAR, IN LINE WITH EXPECTATIONS, AND ON TRACK TO DELIVER 2026 GUIDANCE CONVATEC GROUP PLC - ON TRACK TO DELIVER 5-7% ORGANIC REVENUE GROWTH EX-INNOVAMATRIX IN FY26 CONVATEC GROUP PLC - ORGANIC REVENUE GROWTH EXPECTED TO INCREASE IN H2 GIVEN CUSTOMER ORDER PHASING AND AS PRODUCT LAUNCHES BUILD CONVATEC GROUP PLC - ACCELERATE STRATEGY WILL UNDERPIN SUSTAINABLE 6-8% REVENUE GROWTH FROM 2027 AND DOUBLE-DIGIT ADJUSTED EPS CAGR CONVATEC GROUP PLC - IF CURRENT SPOT RATES WERE TO HOLD FOR REMAINDER OF FY26, ESTIMATED TAILWIND TO FY26 REVENUE GROWTH WOULD BE C.160 BPS CONVATEC GROUP PLC - IF CURRENT SPOT RATES WERE TO HOLD FOR REMAINDER OF FY26, ESTIMATED HEADWIND TO ADJUSTED OPERATING MARGIN WOULD BE ABOUT 40 BPS CONVATEC GROUP PLC - CONTINUE TO MONITOR SITUATION IN MIDDLE EAST; FY26 GUIDANCE ASSUMES NO MATERIAL DETERIORATION IN MACROECONOMIC ENVIRONMENT Source text: ID:nRSU1673Fa Further company coverage: CTEC.L ((Reuters.Briefs@thomsonreuters.com;))