BUZZ-UK's Convatec rises after double-digit EPS growth target for 2026

Reuters
2025.11.13 09:04
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Shares of Convatec (CTEC.L) rose 6.3% to 251.6 pence, making it one of the top gainers on the FTSE 100 index, which fell 0.2%. The company anticipates double-digit adjusted EPS growth for 2026, driven by strong demand for wound care products. Analysts at Panmure Liberum believe the trading update will reassure the market, expecting a small bounce in shares. Year-to-date, CTEC is up nearly 14%.

Shares of medical equipment maker Convatec (CTEC.L) up 6.3% at 251.6 pence

Among top gainers on FTSE 100 (.FTSE) index, which is down 0.2%

Stock set for its best one-day pct gain since Nov 2024

Co expects double-digit adjusted EPS growth for 2026, helped by strong demand for wound care products in North America and emerging markets

Says set to deliver financial targets for current FY and medium term

Analysts at Panmure Liberum say trading update will reassure market and with shares still offering value, they expect small bounce this morning

YTD, including session moves, CTEC up nearly 14%, .FTSE up about 21%

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