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Tecan Raises 2026 Outlook After Q3 Sales Growth

Tecan reported Q3 2026 sales growth of 6.9% in local currencies and a 3.1% rise in order intake. It raised its full-year growth outlook to low-to-mid single digits and adjusted EBITDA margin guidance to 16.5%–16.8%, from 15.5%–16.5%.

TECN

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01:27:36 PM UTC
SquawkNews
By Ian WalkerTecan Group shares hit their highest level in over two years after the company raised its full-year guidance following a strong third-quarter performance.Shares were up 31.60 Swiss francs, or 13%, at 276.20 francs in early afternoon European trading, marking their highest level since O…

Tecan Group AG reported a 6.9% increase in sales in local currencies for the third quarter of 2026, alongside a 3.1% rise in order intake. Driven by this performance, the company raised its full-year 2026 outlook, now expecting growth in local currencies in the low-to-mid single-digit percentage range, compared to the previous forecast of low single-digit growth. The company also increased its adjusted EBITDA margin guidance to a range of 16.5% to 16.8%, up from the prior 15.5% to 16.5% range. Management noted that the 'Rewired' program, focused on portfolio optimization and operational improvements, continues to progress as planned.

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