Cicor Records Robust Q1 Growth, Bolsters Position in Key Markets

• Cicor Group recorded 11.8% growth in quarterly sales, reaching CHF 107.3 million - Organic sales growth was 0.3% with a book-to-bill ratio of 1.0 before acquisitions - Cicor became the European market leader in high-end electronics for aerospace and defence - Acquisitions of TT Electronics, Axis Electronics, STS Defence, and Evolution Medtec strengthened Cicor's position - Cicor expects sales growth to reach CHF 460-500 million and EBITDA margin of 10-13% for 2024 - Cicor Group is a provider of electronic solutions with approximately 3,200 employees at 20 locations

Cicor Technologies

+0,79 %

-0,58 %

-3,22 %

-3,04 %

+13,81 %

+17,36 %

+4,03 %

-16,17 %

ISIN:CH0008702190WKN:913744

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