Key Figures
Cicor Group Income Statement
|
in CHF 1 000 |
2021 1) |
in % |
2022 1) |
in % |
2023 1) |
in % |
2024 |
in % |
|
Order entry |
286 614 |
119.9 |
358 878 |
114.6 |
399 775 |
102.5 |
440 394 |
91.6 |
|
Net sales |
239 044 |
100.0 |
313 193 |
100.0 |
389 890 |
100.0 |
480 836 |
100.0 |
|
Change to previous year (in %) |
11.2 |
|
31.0 |
|
24.5 |
|
23.3 |
|
|
- Organic growth (in %) |
9.8 |
|
14.1 |
|
11.1 |
|
–1.6 |
|
|
- Currency impact (in %) |
0.0 |
|
–2.1 |
|
–3.0 |
|
–1.1 |
|
|
- Acquisitions (in %) |
1.4 |
|
19.0 |
|
16.4 |
|
26.1 |
|
|
EBITDA 2) |
23 120 |
9.7 |
32 274 |
10.3 |
45 135 |
11.6 |
58 353 |
12.1 |
|
Change to previous year (in %) |
19.4 |
|
39.6 |
|
39.8 |
|
29.3 |
|
|
Operating profit (EBIT) 2) |
12 624 |
5.3 |
17 592 |
5.6 |
29 045 |
7.4 |
38 086 |
7.9 |
|
Net profit |
7 902 |
3.3 |
9 178 |
2.9 |
11 760 |
3.0 |
27 253 |
5.7 |
|
Earnings per share (in CHF) |
2.71 |
|
2.47 |
|
2.66 |
|
6.20 |
|
|
Free Cash Flow before Acquisitions 2) |
67 028 |
|
–20 540 |
|
26 252 |
|
61 094 |
|
|
Number of employees (FTEs as per 31 December) |
2 181 |
|
2 217 |
|
2 551 |
|
3 309 |
|
1) Restated, refer to note "2.2.1 Change to the Consolidation and Valuation Principles - Accounting for Goodwill".
2) Refer to note "2.4 Definition of non-GAAP measures".
Sales by Industry
A detailed overview of sales by industry is disclosed in Note 4 "Segment Reporting" of the Consolidated Financial Statements of Cicor Group.
Sales by Region
A detailed overview of sales by region is disclosed in Note 4 "Segment Reporting" of the Consolidated Financial Statements of Cicor Group.
Divisional Income Statement
|
in CHF 1 000 |
2021 |
in % |
2022 |
in % |
2023 |
in % |
2024 |
in % |
|
Net sales EMS Division |
194 518 |
100.0 |
269 637 |
100.0 |
347 932 |
100.0 |
438 007 |
100.0 |
|
EBITDA EMS Division |
17 987 |
9.2 |
28 950 |
10.7 |
43 366 |
12.5 |
57 047 |
13.0 |
|
|
|
|
|
|
|
|
|
|
|
Net sales AS Division |
45 259 |
100.0 |
44 779 |
100.0 |
43 011 |
100.0 |
45 306 |
100.0 |
|
EBITDA AS Division |
8 056 |
17.8 |
6 459 |
14.4 |
6 063 |
14.1 |
6 826 |
15.1 |
Cicor Group Balance Sheet
|
in CHF 1 000 |
31.12.2021 1) |
in % |
31.12.2022 1) |
in % |
31.12.2023 1) |
in % |
31.12.2024 |
in % |
|
Non-current assets |
96 895 |
32.6 |
93 497 |
27.1 |
92 626 |
26.9 |
114 166 |
27.4 |
|
Current assets |
200 631 |
67.4 |
251 422 |
72.9 |
251 896 |
73.1 |
302 899 |
72.6 |
|
Total assets |
297 526 |
100.0 |
344 919 |
100.0 |
344 522 |
100.0 |
417 065 |
100.0 |
|
Equity |
64 522 |
21.7 |
127 075 |
36.8 |
131 489 |
38.2 |
136 652 |
32.8 |
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities |
129 856 |
43.6 |
120 013 |
34.8 |
101 335 |
29.4 |
118 301 |
28.4 |
|
Cash and cash equivalents |
–68 797 |
–23.1 |
–75 491 |
–21.9 |
–57 851 |
–16.8 |
–74 159 |
–17.8 |
|
Net debt |
61 059 |
20.5 |
44 522 |
12.9 |
43 484 |
12.6 |
44 142 |
10.6 |
|
Financial leverage (Net debt / EBITDA 2) ) |
1.96 |
|
1.36 |
|
0.96 |
|
0.74 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating inventories 3) |
66 639 |
22.4 |
101 125 |
29.3 |
105 419 |
30.6 |
110 986 |
26.6 |
|
Operating trade receivables 3) |
43 492 |
14.6 |
49 226 |
14.3 |
49 497 |
14.4 |
70 783 |
17.0 |
|
Operating trade payables 3) |
–38 933 |
–13.1 |
–39 221 |
–11.4 |
–36 723 |
–10.7 |
–56 780 |
–13.6 |
|
Operating net working capital 3) |
71 198 |
23.9 |
111 130 |
32.2 |
118 193 |
34.3 |
124 989 |
30.0 |
|
in % of LTM net sales 2) |
25.7 |
|
34.8 |
|
30.3 |
|
24.8 |
|
|
|
|
|
|
|
|
|
|
|
|
Capex for tangible assets |
8 623 |
|
11 187 |
|
11 628 |
|
14 272 |
|
|
in % of net sales |
3.6 |
|
3.6 |
|
3.0 |
|
3.0 |
|
1) Restated, refer to note "2.2.1 Change to the Consolidation and Valuation Principles - Accounting for Goodwill".
2) Acquisitions are included for full twelve months pro-forma.
3) Refer to note 2.4 for the definition of Operating net working capital.