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Tecan Group AG (TECN.S)

TECN.S on Swiss Exchange

178.20CHF
26 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Tecan Group to acquire SPEware Corporation
Wednesday, 31 Aug 2016 01:15am EDT 

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 01:00am EDT 

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 12:51pm EDT 

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
Monday, 14 Mar 2016 08:00pm EDT 

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

Tecan Group successfully completes acquisition of Sias
Sunday, 29 Nov 2015 07:00pm EST 

Tecan Group AG:Successfully completes acquisition of Sias.From Dec. 1, 2015, Sias will be included in consolidated financial statements of Tecan Group as a part of partnering business segment.  Full Article

Tecan Group to expand its Partnering Business with acquisition of Sias
Wednesday, 28 Oct 2015 02:00am EDT 

Tecan Group AG:To expand its Partnering Business with acquisition of Sias.Transaction anticipated to be accretive to earnings per share before transaction-related amortization in 2017.Sias to become part of Tecan's Partnering Business, leveraging Tecan's global sales infrastructure and after-sales support capabilities.Transaction is valued at about one times expected fiscal year 2015 sales of Sias of around 25 million Swiss francs.Purchase consideration will be fully paid in cash.  Full Article

Tecan confirms FY 2015 outlook
Wednesday, 12 Aug 2015 01:00am EDT 

Tecan Group AG:Outlook for full-year 2015 confirmed.Continues to anticipate FY 2015 Group sales growth in double-digit percentage range in local currencies, with increase in the EBITDA margin of more than 100 basis points.  Full Article

BRIEF-Tecan Group FY net profit down at CHF 54.5 million YOY

* 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)