Latest Convatec News & Updates

See the latest news and media coverage for Convatec. We track all announcements, press releases, and industry mentions in real time, all in one place.

Convatec

Chronic care medical products and technologies company

convatecgroup.com

Headquarters: London, United Kingdom
Company type: Public company
Number of employees: 7,000–10,000
Industry: Medical Equipment, Supplies & Distribution

Last updated October 28

Latest news about Convatec

In short: Convatec planned a £500 million Manchester R&D hub over the next decade

Company announcements

August 4 Convatec

Convatec reports 5.0% organic revenue growth in H1 2026

Operating margin is 21.2% and adjusted EPS rises 6.3% to 8.5c. It confirms FY26 guidance, narrows ex-InnovaMatrix growth to 5.5-6.5% and announces a $200m share buyback.

August 4 Convatec

Convatec launched a $200 million share buyback programme

The programme commenced on 4 August 2026, with daily transaction details including volumes and weighted average prices in pence.

May 21 Convatec

Convatec posts 4.8% organic growth for Jan-Apr 2026

Reported revenue growth is 5.5% and FY26 guidance is unchanged, expecting 5-7% organic growth excluding InnovaMatrix, with growth to accelerate in H2.

April 9 Convatec

Convatec unveils Accelerate strategy targeting 6-8% growth

It forecasts higher sales growth across all four categories, mid-20s operating margin and double-digit EPS growth.

Media coverage

October 28 MarketScreener

News ConvaTec Group Plc

10:54am ConvaTec to Spend GBP500 Million on New Global R&D Hub in Manchester, England, Over Next Decade MT 10:17am ConvaTec to Spend GBP500 Million on...

August 4 Investors Chronicle

ConvaTec slashes profit forecasts following writedown

A big non-cash impairment of $69mn (£52mn) made the reported half-year results for wound-care and ostomy company ConvaTec (CTEC) look ugly, as the company wrote...

August 3 Reuters

UK's Convatec expects higher second-half margin, launches $200 million buyback

August 4 (Reuters) - British medical products maker Convatec (CTEC.L), opens new tab on Tuesday forecast its second-half operating margin to be materially higher than...

April 9 Yahoo Finance

Convatec Launches New Strategy to Hit Upgraded Revenue Targets

Convatec Group (CTEC.L) on Thursday detailed its new strategic plan to help achieve its aims of fast-tracking "sustainable and profitable" growth and reaching recently upgraded...

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