Overview
Swiss lab automation firm's prelim FY 2025 sales fell 1.6% in local currencies
Company's order entry grew 3.8% in local currencies for FY 2025
Tecan confirmed 2025 profitability guidance and medium-term outlook
Outlook
Tecan expects gradual recovery of end markets in 2026
Company reaffirms 2025 adjusted EBITDA margin guidance
Tecan anticipates mid- to high-single-digit organic growth rates medium-term
Result Drivers
ORDER ENTRY GROWTH - Tecan reported an 8.6% increase in order entry in local currencies for the second half of 2025, indicating strong demand
PARTNERING BUSINESS GROWTH - Partnering Business sales increased by 3.3% in local currencies in the second half of 2025
LIFE SCIENCES DECLINE - Life Sciences Business sales declined by 3.2% in local currencies in the second half of 2025
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Prelim FY Sales
CHF 882.50 mln
CHF 913.40 mln (8 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the office equipment peer group is "buy."
Wall Street's median 12-month price target for Tecan Group AG is CHF165.00, about 17.7% above its January 8 closing price of CHF140.20
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nGNE40ct9n
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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.)