Tecan falls after H1 results, analysts point to profit taking

Tecan AG

11/08/2026 09:00

** Shares in laboratory instruments maker Tecan TECN.S fall 9% after H1 results, with analysts pointing to profit-taking following a strong rally in the stock this year
** H1 sales of CHF 427.5 mln met consensus expectations cited by Vontobel
** H1 adjusted EBITDA margin of 15.1% beat consensus of 14.3%
** "However, the stock has gained an astonishing 57% this year, which is why we believe profit-taking could occur," ZKB analysts say
** Up to previous session close, the stock had gained 53% this year

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))