Tecan N

Tecan presented its transformation program “Rewired” at the Morgan Stanley Global Healthcare Conference, aiming to boost margins and drive growth. Key strategic elements include partnerships with NVIDIA and Anthropic for AI-powered lab automation, along with portfolio adjustments and cost reductions. Tecan expects a currency-adjusted EBITDA margin of 20% by 2028, sees a recovery in the biopharma segment and weak demand from the academic sector. Operationally, management cited supply issues at Cavro, a partially completed CHF 120 million buyback program, and targeted M&A to strengthen the life-sciences portfolio. » Más en de.investing.com

Tecan will participate on 14 September 2026 in the 24th annual Morgan Stanley Healthcare Conference in New York and will be represented in a fireside chat. Participants are CEO Monica Manotas, CFO Camila Japur and Martin Brändle (SVP Corporate Communications & IR); a webcast will be streamed live on the investor overview at www.tecan.com and will be available for 120 days. » Más en finanzen.net

Tecan reported H1 2026 revenue of 427.5 million CHF and adjusted EBITDA of 64.5 million CHF (margin 15.1%), but showed weaker reported revenue, a sharply reduced operating cash flow of 17 million CHF and margin pressure. The share fell about 9% to $183.90 as investors reacted particularly to the decline in gross margins and continued transformation spending. Management kept the full-year guidance unchanged and expects low single-digit revenue growth and an adjusted EBITDA margin of 15.5–16.5%, now targeting the top end of the range. » Más en de.investing.com