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Tecan Group Reports Lower H1 Profit, Sales

MT Newswires·08/11/2026 01:14:07
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01:14 AM EDT, 08/11/2026 (MT Newswires) -- Tecan Group (TECN.SW) reported Tuesday that its profit and sales for the first half of 2026 decreased year over year. Profit for the six months ended June 30 was 12.3 million francs, compared with 17.9 million francs earlier. EPS moved to 0.99 franc from 1.41 francs. The Swiss laboratory automation company's sales were 427.5 million francs, compared with 439.5 million francs a year ago. The company affirmed its outlook for full-year 2026, including expectations for low-single-digit growth in sales in local currencies. It also maintained its medium-term guidance for sales of 1 billion francs for full-year 2028.