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Tecan Group AG (TECN.S)

TECN.S on Swiss Exchange

226.40CHF
18 May 2018
Change (% chg)

CHF-2.20 (-0.96%)
Prev Close
CHF228.60
Open
CHF227.20
Day's High
CHF227.80
Day's Low
CHF225.60
Volume
6,064
Avg. Vol
21,691
52-wk High
CHF231.20
52-wk Low
CHF172.70

Latest Key Developments (Source: Significant Developments)

Tecan initiates succession process for board of directors
Friday, 6 Oct 2017 

Oct 6 (Reuters) - TECAN GROUP AG :TECAN INITIATES SUCCESSION PROCESS FOR THE BOARD OF DIRECTORS.‍ROLF CLASSON AND GÉRARD VAILLANT WILL NOT STAND FOR RE-ELECTION AT ORDINARY ANNUAL GENERAL MEETING ON APRIL 17, 2018​.‍LUKAS BRAUNSCHWEILER AND DANIEL R. MARSHAK WILL BE PROPOSED FOR ELECTION AS NEW MEMBERS​.‍AS SUCCESSOR OF ROLF CLASSON, LUKAS BRAUNSCHWEILER WILL BE PROPOSED FOR ELECTION AS CHAIRMAN OF BOARD OF DIRECTORS​.  Full Article

Tecan Group H1 ‍net profit up at CHF 25.7 mln
Wednesday, 16 Aug 2017 

Aug 16 (Reuters) - TECAN GROUP AG ::H1 2017: TECAN WITH SIGNIFICANT INCREASE IN ORDER ENTRY AND STRONG SALES GROWTH IN THE LIFE SCIENCES BUSINESS.H1 ‍SALES OF CHF 253.3 MILLION (H1 2016: CHF 235.3 MILLION)​.H1 ‍ORDER ENTRY OF CHF 291.2 MILLION (H1 2016: CHF 250.6 MILLION)​.H1 ‍NET PROFIT OF CHF 25.7 MILLION (H1 2016: CHF 23.5 MILLION)​.H1 ‍EBITDA OF CHF 41.3 MILLION (H1 2016: CHF 37.9 MILLION)​.‍OUTLOOK FOR FULL-YEAR 2017 CONFIRMED​.  Full Article

DiaSorin to collaborate with Tecan in platform development
Friday, 23 Jun 2017 

June 23 (Reuters) - DIASORIN SPA ::TO COLLABORATE WITH TECAN <<>> IN NEW PLATFORM DEVELOPMENT.UNDER COLLABORATION DIASORIN WILL MAKE USE OF TECAN'S FLUENT LABORATORY AUTOMATION SOLUTION AS ITS NUCLEIC ACID EXTRACTION PLATFORM.  Full Article

Tecan Group FY net profit down at CHF 54.5 million YOY
Wednesday, 15 Mar 2017 

Tecan Group AG : Full-Year net profit of 54.5 million Swiss francs ($54.00 million) below prior year due to integration costs and non-operational effects (2015: 57.1 million francs) . Unchanged dividend of 1.75 francs per share proposed . Full-Year sales are forecast to increase by at least 6 percent in local currencies in 2017 . Reported EBITDA margin expected to further expand to at least 18 percent of sales, including acquisition-related costs in a mid single-digit million Swiss franc amount in 2017 . Full-Year operating profit before depreciation and amortization (EBITDA) of 89.0 million francs (2015: 83.4 million francs) . FY sales of 506.2 million francs (2015: 440.3 million francs) .Full-Year organic growth of 8.2 percent in local currencies and 9.6 percent in Swiss francs.  Full Article

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

Swiss stocks - Factors to watch on March 14

ZURICH, March 14 The Swiss blue-chip SMI was seen opening 0.2 percent lower at 8,865 points on Wednesday, according to premarket indications by bank Julius Baer .