Convatec Group PLC
CTEC: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| PC# | LOCK|JQkD | LOCK|$%zXK# |
Convatec Earnings: Solid Mid-Single-Digit Growth Across Segments; Shares Undervalued
Convatec reported first-quarter trading results in line with our expectations. Growth came from all segments, with group organic growth excluding InnovaMatrix at 4.8%. Management reiterated its 2026 guidance and medium-term financial targets.
