Report
Oliver Metzger ...
  • Stephan Wulf

Tecan Group AG : Enabling crucial innovation in healthcare

We initiate coverage of Tecan with a TP of CHF 328 and an Outperform rating. As a leading developer and manufacturer of automated laboratory instruments and solutions, Tecan benefits from the rapidly growing trends in the healthcare industry. By focusing on attractive growth segments such as genomics, proteomics and cell & tissue analysis, Tecan should continue to organically outperform the growth of its industry (6.5% revenue CAGR until 2030 vs 3-5% p.a. for the industry). Owing...
Underlying
Tecan Group AG

Tecan provides laboratory instruments and automation solutions. Co. also provides solutions for various applied markets such as forensics, the food industry, crop research, the cosmetic industry and veterinary applications. Co.'s automation solutions include instruments, software packages, and configurable modules as well as regulatory and quality consulting, service and consumables. Co.'s segments include life sciences business, which supplies end users with automated workflow solutions directly; and partnering, which develops and manufactures OEM instruments and components that are distributed by partner companies under their own names.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Oliver Metzger

Stephan Wulf

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