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Tecan reports significant growth in sales and profits in 2020 based on extraordinary demand for COVID-19 related products

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Surge in orders; order entry increased to CHF 855.2 million (2019: CHF 638.6 million)
Full-year growth
Growth trend further accelerated in the second half of the year
Sales of CHF 730.9 million (2019: CHF 636.8 million)
Full-year growth of 18.7% in local currencies and 14.8% in Swiss francs
Double-digit sales growth in both business segments for full year 2020
H2 sales growth of 27.8% in local currencies or 23.5% in Swiss francs
Reported operating profit before depreciation and amortization (EBITDA) of
CHF 159.1 million (2019: CHF 122.8 million)
Increase in reported EBITDA margin to 21.8% (2019: 19.3%)
Reported full-year net profit of CHF 103.7 million (2019: CHF 73.2 million)
Net profit margin 14.2% (2019: 11.5%)
Reported earnings per share increased by 40.6% to CHF 8.69 (2019: CHF 6.18) ....

United States , United Kingdom , Lars Holmqvist , Martin Braendle , Us Department Of Defense , Us Department Of Health , Human Services , Swiss Exchange , Life Sciences Business , Tecan Group , Corporate Communications , Tecan Fluent Laboratory Workstation , Sciences Business , Partnering Business , North America , Thermo Fisher Scientific , Thermo Fisher Scientific Amplitude Solution , Fluent Laboratory Workstation , Annual General Meeting , Vice President , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , எங்களுக்கு துறை ஆஃப் பாதுகாப்பு , எங்களுக்கு துறை ஆஃப் ஆரோக்கியம் , மனிதன் சேவைகள் , சுவிஸ் பரிமாற்றம் ,

Press Release : Tecan reports significant growth -2-

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the year to 12.9%.
In North America, sales grew by 24.9% in local currencies and 19.5% in
Swiss francs in 2020, with both business segments delivering
double-digit growth rates in local currencies. Sales in local currencies
increased even by 43.3% in the second half of the year, reflecting a
surge in demand for COVID-19 related products.
In Asia, Tecan recorded a significant increase in sales of 22.7% in
local currencies and 17.5% in Swiss francs. This increase was driven by
double-digit growth rates in both business segments. Growth in China
outpaced that of the Asia region as a whole, bringing the total business
in China to over CHF 80 million in the year. In the second half, sales ....

United States , United Kingdom , Lars Holmqvist , Us Department Of Defense , Us Department Of Health , Human Services , Swiss Exchange , Life Sciences Business , Attachment Press , Tecan Group , Tecan Group Martin Braendle Senior Vice , Corporate Communications Ir Tel , Tecan Fluent Laboratory Workstation , North America , Thermo Fisher , Scientific Amplitude Solution , Fluent Laboratory Workstation , Partnering Business , Annual General Meeting , Martin Braendle , Senior Vice President , Corporate Communications , Dow Jones , Tecan Group Ltd Stock Exchange , Press Release , In Tecn Ch0012100191 ,

Tecan Group AG: Tecan reports significant growth in sales and profits in 2020 based on extraordinary demand for COVID-19 related products

Tecan Group AG: Tecan reports significant growth in sales and profits in 2020 based on extraordinary demand for COVID-19 related products
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United States , United Kingdom , Lars Holmqvist , Martin Braendle , Us Department Of Defense , Us Department Of Health , Human Services , Swiss Exchange , Life Sciences Business , Tecan Group , Corporate Communications , Tecan Fluent Laboratory Workstation , Sciences Business , Partnering Business , North America , Thermo Fisher Scientific , Thermo Fisher Scientific Amplitude Solution , Fluent Laboratory Workstation , Annual General Meeting , Vice President , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , எங்களுக்கு துறை ஆஃப் பாதுகாப்பு , எங்களுக்கு துறை ஆஃப் ஆரோக்கியம் , மனிதன் சேவைகள் , சுவிஸ் பரிமாற்றம் ,