Overview
Switzerland laboratory automation firm's 2025 sales declined 1.6% in local currencies
Adjusted EPS for 2025 beat analyst expectations
Company launched transformation program and repurchased shares worth CHF 24.8 mln
Outlook
Tecan expects 2026 sales to rise in the low single-digit percentage range in local currencies
Company forecasts 2026 adjusted EBITDA margin at 15.5-16.5% of sales, including FX and tariff headwinds
Tecan maintains medium-term ambition for CHF 1 bln sales and 20% adjusted EBITDA margin by 2028
Result Drivers
FX AND TARIFF HEADWINDS - Profitability was significantly reduced by adverse foreign exchange effects and tariffs, partly offset by cost-reduction measures and operational improvements
LIFE SCIENCES FUNDING UNCERTAINTY - Life Sciences segment sales were impacted by budget uncertainty and volatile public funding, particularly in the US and China
PARTNERING BUSINESS MIX - Partnering Business margins improved due to a positive product mix and strong cost control, despite weak demand for life science instrumentation
Company press release: ID:nGNE4cWHQQ
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EPS
Beat
CHF 6.87
CHF 5.78 (7 Analysts)
FY Adjusted Net Income
CHF 87 mln
FY Adjusted EBITDA
CHF 142.10 mln
FY Adjusted EBITDA Margin
16.10%
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(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.)