Half Year Results 2023

ANALYST & MEDIA CONFERENCE CALL

Zurich, August 15 2023

Speakers

DR. ACHIM VON

TANIA MICKI

LEOPRECHTING

CFO

CEO

Agenda

FINANCIAL AND OPERATING HIGHLIGHTS

FINANCIAL RESULTS

KEY PRODUCT LAUNCHES AND OUTLOOK 2023

QUESTIONS AND ANSWERS

3

Financial Highlights H1 2023

SOLID UNDERLYING SALES GROWTH IN A VERY DYNAMIC MARKET ENVIRONMENT

Sales of CHF 541.5 million (-3.6% in LC)

Underlying growth of +6.8% in LC, excluding effects from lower COVID-related revenues and reduced material cost pass-through

Sales development of -3.6% in LC compared to a higher basis of comparison which still benefited from COVID-related sales

Adjusted EBITDA of CHF 101.2 million

The adjusted EBITDA margin reached 18.7%

Adjusted net profit of CHF 65.8 million Adjusted EPS at CHF 5.16

H1 SALES DEVELOPMENT

H1 EBITDA DEVELOPMENT

LC = local currencies

Reconciliation of adjusted consolidated statement of profit or loss can be found on slide 25

Adjusted EBITDA for 2020-2023

Operating Highlights H1 2023

NEW PRODUCT LAUNCHES AND PARTNERSHIPS

Expansion of core offering in laboratory automation in key growth markets, including for liquid biopsy and biobanking

Broadening of automated genomics portfolio and reagents offering Addition of unique solutions to address unmet workflow needs Several new partnerships and product launches in Partnering Business

SCALING OF GLOBAL MANUFACTURING

Series production of Tecan's Cavro components established at Paramit's manufacturing facilities in Morgan Hill, USA, and Penang, Malaysia

First liquid handling and detection products manufactured at Tecan's new assembly plant in Shanghai, China

FURTHER BUILDING ON SUSTAINABILITY ACTIVITIES

Absolute emissions reduction target set and submitted to the Science Based Targets Initiative (SBTi) for validation to reduce greenhouse gas emissions in line with climate science

Environmental management process has been independently audited; ISO14001 certification achieved for HQ in Switzerland

Cavro components manufacturing in Penang

Expansion of core offering in laboratory automation

5

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Tecan Group AG published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2023 08:45:06 UTC.