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Tecan Group AG (TECN.S)

TECN.S on Swiss Exchange

23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Tecan Group to acquire SPEware Corporation
Wednesday, 31 Aug 2016 

Tecan Group AG : Tecan to acquire SPEware Corporation, a leading provider for mass spectrometry sample preparation solutions . Base purchase consideration of $50.0 million (49.0 million Swiss francs) will be fully paid in cash . Closing of transaction expected within coming weeks . Acquisition of US-based speware corporation further expands Tecan's dedicated solutions offering into new market segment .Transaction anticipated to be immediately accretive to earnings per share before transaction-related amortization.  Full Article

Tecan Group H1 sales of CHF 235.3 mln
Tuesday, 16 Aug 2016 

Tecan Group AG : H1 sales of 235.3 million Swiss francs (H1 2015: 200.0 million Swiss francs) . H1 order entry of 250.6 million Swiss francs (H1 2015: 220.1 million Swiss francs) . H1 operating profit before depreciation and amortization (EBITDA) of 37.9 million Swiss francs (H1 2015: 32.6 million Swiss francs) . H1 net profit of 23.5 million Swiss francs(H1 2015 26.0 million Swiss francs) .Outlook for full-year 2016 confirmed.  Full Article

Singulex enters into world-wide service agreement with Tecan
Tuesday, 5 Jul 2016 

Singulex Inc : Singulex enters into world-wide service agreement with Tecan . Pending review,evaluation of SGX Clarity System, CE Mark confirmation is anticipated in early 2017 .U.S. Food and Drug Administration clearance applications for SGX Clarity System to be filed in 2017.  Full Article

Tecan Group gives FY 2016 outlook, to propose increased dividend
Tuesday, 15 Mar 2016 

Tecan Group AG:EBITDA in FY 2016 expected at about similar level as in FY 2015‍​.Proposes an increase in the dividend from 1.50 Swiss francs to 1.75 franc per share ‍​.FY 2015 reported EBITDA 83.4 million francs.  Full Article