from Cicor Technologies Ltd (isin : CH0008702190)
Cicor aims to become the leading pan-European electronics designer and manufacturer in its key markets by 2028
Cicor Technologies Ltd / Key word(s): Miscellaneous Ad hoc announcement pursuant to Art. 53 LR Bronschhofen, November 5, 2024 – Cicor Group (SIX Swiss Exchange: CICN) announces today its Strategy 2028 as well as updated financial mid-term targets and is hosting its Investors' Day 2024 in Zurich this evening. Following an in-depth strategic review, the Board of Directors approved the Cicor Strategy 2028 under the guiding theme "creating together". By 2028, Cicor aspires to be the leading pan-European electronics developer and manufacturer for healthcare technology, aerospace/defence and industrial, be recognised as an employer of choice, committed to operate sustainably.
The updated financial mid-term targets include acquisitions. The level of inorganic growth may lead to a revision of the financial mid-term targets. The existing guidance for the current financial year is confirmed: Cicor expects sales of CHF 470-510 million and an operating profit (EBITDA) of CHF 50-60 million in 2024. Contact
The Cicor Group is a globally active provider of full-cycle electronic solutions from research and development to manufacturing and supply chain management. Cicor’s approximately 3,300 employees at 19 locations are serving leaders from the medical, industrial and aerospace & defence industries. Cicor creates value to its customers through the combination of customer-specific development solutions, high-tech components, as well as electronic device manufacturing. The shares of Cicor Technologies Ltd. are traded at the SIX Swiss Exchange (CICN). For further information, please visit the website www.cicor.com. End of Inside Information |
Language: | English |
Company: | Cicor Technologies Ltd |
c/o Cicor Management AG, Gebenloostraße 15 | |
9552 Bronschhofen | |
Switzerland | |
Phone: | +41719137300 |
Fax: | +41719137301 |
E-mail: | info@cicor.com |
Internet: | www.cicor.com |
ISIN: | CH0008702190 |
Valor: | 870219 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 2022103 |
End of Announcement | EQS News Service |
2022103 05-Nov-2024 CET/CEST