WuXi AppTec: Comprehensive upward adjustment of the full-year performance guidance for 2026, expecting overall revenue to be raised from 51.3-53 billion yuan to 58.5-60.5 billion yuan.
WuXi AppTec announced that, benefiting from greater success of products from multiple clients, as well as the company's unique CRDMO model and excellent management and execution, it is raising its full-year performance guidance for 2026. The company expects its overall revenue to be raised from RMB 51.3-53 billion to RMB 58.5-60.5 billion, with the revenue growth rate of continuing operations adjusted from 18%-22% to 35%-39%. The company will continue to drive high-quality growth, steadily releasing scale efficiencies, refining operational management capabilities, and effectively addressing challenges such as ramping up new capacity and foreign exchange fluctuations. The company is confident in maintaining a stable and resilient adjusted net profit margin attributable to shareholders level not in accordance with International Financial Reporting Standards in 2026. To better meet the growing customer demand, the company is further accelerating its global capacity layout and has begun construction of a new base in Changzhou ahead of schedule. Capital expenditures in 2026 are expected to be raised from RMB 6.5-7.5 billion to RMB 7.5-8.5 billion. With business growth and efficiency improvements, adjusted free cash flow in 2026 is expected to be raised from RMB 10.5-11.5 billion to RMB 13.5-14.5 billion.
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