Cicor records solid growth in the first quarter and further strengthens its position in the core markets - Seite 2

Sustainable acquisitions and organic growth will continue to play an important role in Cicor's strategy, as the company sees attractive opportunities to create value in a highly fragmented market. Cicor is very well positioned and is benefiting from the dynamic developments in its three core markets. Cicor expects business to increase in the second half of the year. Provided that geopolitical, economic and financial conditions do not deteriorate significantly, Cicor continues to expect sales growth to CHF 460-500 million and an EBITDA margin in the target range of 10-13% for the full year 2024. The current guidance includes the contribution of the companies acquired in the first quarter.

Contact
Cicor Management AG
Gebenloostrasse 15
CH-9552 Bronschhofen

Media & Investor Relations
Phone [phone]
E-mail: [e-mail]

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 3,200 employees at 20 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.

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Language:	English
Company:	Cicor Technologies Ltd
	c/o Cicor Management AG, Gebenloostraße 15
	9552 Bronschhofen
	Switzerland
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.cicor.com
ISIN:	CH0008702190
Valor:	870219
Listed:	SIX Swiss Exchange
EQS News ID:	1880697