Annual General Meeting 2024

Tecan proposes election of an additional member of the Board of Directors and various amendments to the Articles of Incorporation - Seite 2

Tecan also intends to expand the definition of its corporate purpose in order to anchor the pursuit of sustainable value creation in the Articles of Incorporation.

Sustainability reporting developed further
For the first time, Tecan will submit a report on non-financial matters for 2023 to the Annual General Meeting for approval. On the one hand, the company is thus fulfilling a new legal requirement. Secondly, it is increasing the transparency and commitment of its sustainability reporting, which began with the 2007 Annual Report and has been continuously developed since then. The report on non-financial matters for 2023 was published as part of the Annual Report on March 12, 2024.

Dividend increase proposed
Based on the solid underlying sales growth and an increase in profitability, net profit and cash flows in the full year 2023 and on the basis of a continued positive business outlook, Tecan's Board of Directors will propose an increase in the dividend from CHF 2.90 to CHF 3.00 per share. Half of the dividend, i.e. CHF 1.50, will be paid out from the existing capital contribution reserve and is therefore not subject to withholding tax.

Key upcoming dates

• The 2024 Interim Report will be published on August 13, 2024
• The Capital Markets Day will take place on October 22, 2024.

About Tecan
Tecan (www.tecan.com) improves people’s lives and health by empowering customers to scale healthcare innovation globally from life science to the clinic. Tecan is a pioneer and global leader in laboratory automation. As an original equipment manufacturer (OEM), Tecan is also a leader in developing and manufacturing OEM instruments, components and medical devices that are then distributed by partner companies. Founded in Switzerland in 1980, the company has more than 3,500 employees, with manufacturing, research and development sites in Europe, North America and Asia, and maintains a sales and service network in over 70 countries. In 2023, Tecan generated sales of CHF 1,074 million (USD 1,194 million; EUR 1,108 million). Registered shares of Tecan Group are traded on the SIX Swiss Exchange (TECN; ISIN CH0012100191).

For further information:

Tecan Group
Martin Brändle
Senior Vice President, Corporate Communications & IR
Tel. [phone]
Fax [phone]
[e-mail]
www.tecan.com                

 

Attachment

• Press Release