Tecan FY26 H1 net profit drops 31.5% to CHF 12.3 million; revenue falls 2.7% to CHF 427.5 million

(AWP Alliance News) - Tecan Group AG posted first-half 2026 revenue of CHF 427.5 million, down 2.7% in Swiss francs, while net profit fell 31.5% to CHF 12.3 million. Operating profit dropped 23.1% to CHF 17.8 million, while adjusted EBITDA edged down 1.8% to CHF 64.5 million and the adjusted EBITDA margin widened 0.1 percentage point to 15.1%.

Operating cash flow slumped 71.7% to CHF 17 million, cutting cash conversion to 36.5% from 109.2%, while net cash narrowed 47.6% to CHF 73.5 million. CEO Monica Manotas said first-half performance was solid, citing 3.4% growth in local currencies and progress on the "Rewired" transformation program.

Tecan reaffirmed its 2026 outlook for low single-digit revenue growth in local currencies and an adjusted EBITDA margin of 15.5%-16.5%.

https://www.globenewswire.com/NewsRoom/ReleaseNg/402485743

Disclaimer: This news brief was created using generative artificial intelligence. Tecan Group AG published the original content used to generate this news brief via GlobeNewswire on August 11, 2026, and is solely responsible for the information contained therein.