Brief: Tecan Group Proposes Dividend Of CHF 2.90 Per Share

Tecan AG

14/03/2023 05:37

March 14 (Reuters) - TECAN GROUP AG  TECN.S :
    * MID-TERM OUTLOOK REITERATED WITH AVERAGE ORGANIC GROWTH
RATE
EXPECTED IN MID TO HIGH SINGLE-DIGIT PERCENTAGE RANGE IN LOCAL
CURRENCIES
    * TECAN DRIVING SALES WELL BEYOND CHF 1 BILLION WITH STRONG
DOUBLE-DIGIT GROWTH
    * INCREASE IN DIVIDEND PROPOSED FROM CHF 2.80 TO CHF 2.90
PER
SHARE
    * OUTLOOK 2023: ADJUSTED EBITDA MARGIN FORECAST AT LEAST AT
AROUND
20% OF SALES, ANTICIPATING LOWER INTEGRATION COSTS
    * OUTLOOK 2023: ORGANIC SALES GROWTH EXPECTED IN HIGH
SINGLE-DIGIT
PERCENTAGE RANGE
    * H2 SALES GROWTH OF 13.8% IN LOCAL CURRENCIES; +8.2%
ORGANIC

Further company coverage:  TECN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))