UK's Convatec rises after double-digit EPS growth target for 2026

ConvaTec

13/11/2025 09:04

** Shares of medical equipment maker Convatec CTEC.L up 6.3% at 251.6 pence

** Among top gainers on FTSE 100 .FTSE index, which is down 0.2%

** Stock set for its best one-day pct gain since Nov 2024

** Co expects double-digit adjusted EPS growth for 2026, helped by strong demand for wound care products in North America and emerging markets

** Says set to deliver financial targets for current FY and medium term

** Analysts at Panmure Liberum say trading update will reassure market and with shares still offering value, they expect small bounce this morning

** YTD, including session moves, CTEC up nearly 14%, .FTSE up about 21%

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))