Tecan with strong order entry and good sales development in the second half of 2014

Tecan Group AG / Tecan with strong order entry and good sales development in the second half of 2014 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Financial results: full-year and second half of 2014

·      Order entry of CHF 417.4 million (2013: CHF 386.1 million)

o   Full-year growth of 9.5% in local currencies or 8.1% in Swiss francs

o   Full-year organic growth of 7.1% in local currencies or 5.7% in Swiss francs

o   H2 increase of 12.2% in local currencies and Swiss francs

·      Sales of CHF 399.5 million (2013: CHF 388.3 million)

o   Full-year growth of 4.2% in local currencies or 2.9% in Swiss francs

o   Full-year organic growth of 1.8% in local currencies or 0.5% in Swiss francs

o   H2 sales growth of 10.3% in local currencies or 10.2% in Swiss francs

·      Full-year operating profit

o   EBIT of CHF 57.2 million (2013: CHF 54.8 million)

o   EBIT margin improvement of 50 basis points to 14.6% excluding acquisition-related effects (2013: 14.1%); 14.8% assuming constant exchange rates

o  EBIT margin of 14.3% including acquisition-related costs

o  EBITDA margin of 16.9% (2013: 16.8%)

·      Full-year net profit of CHF 40.2 million (2013: CHF 45.7 million)

o   Net profit impacted by losses from currency hedging

o  Earnings per share of CHF 3.63 (2013: 4.16)

·      Full-year cash flow from operating activities of CHF 48.2 million (2013: CHF 27.9 million)

Operating highlights 2014 and other important information

• Launch of Fluent(TM) laboratory automation family, Tecan's next generation liquid handling platform in the Life Sciences Business
• Launch of ORTHO VISION(TM) Analyzer by OrthoClinical Diagnostics in the Partnering Business
• Acquisition of IBL International, a leading immunoassay company for specialty diagnostics, to support Tecan's evolution into a solutions business
  • Unchanged dividend of CHF 1.50 per share proposed

Outlook 2015