Cicor Group
Annual Report 2022
Letter to the Shareholders
“The reporting year 2022 was successful in every aspect: record results in sales, order intake and operating margin.”
Alexander Hagemann, CEO
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Focus on sustainability
With the latest sustainability report, Cicor provides comprehensive information on minimizing environmental impact, promoting employees and productivity, and creating value beyond the business. Cicor thereby applies the standards of the Global Reporting Initiative (GRI).
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About Cicor
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 2,500 employees at 15 locations are serving leaders from the medical, industrial and aerospace & defence industries. The shares of Cicor Technologies Ltd. are traded at the SIX Swiss Exchange (CICN).
Key Figures
CHF 313.2million
Net sales from deliveries and services
31%
Sales growth compared to previous year
10.3%
EBITDA margin
CHF358.9million
Order intake
82%
Sales were generated in the strategic target markets of medical technology, industry, as well as aerospace and defense
2217
Cicor employees as of December 31, 2022