SWX:PPGNLife Sciences
PolyPeptide Group (SWX:PPGN) Stock Price Ignores Margin Momentum Under 44 Offer
PolyPeptide Group’s share price closed at CHF44 on Thursday, exactly where Samsung Biologics has pitched its all cash tender offer at CHF44.31. The market is trading the stock as if the deal price already tells the whole story. The earnings print suggests a different perspective.
The key development is the rise in profitability. Revenue in the first half of 2026 reached €236.6m and earnings before interest, tax, depreciation and amortisation were €49.1m, with an underlying margin near 19%...