Cicor Technologies Ltd. confirmed earnings guidance for the year 2023 and provided earnings guidance for the mid-team for the next three to four years. The existing guidance for the current financial is confirmed: For 2023, Cicor expects sales of CHF 380-410 million and an operating result (EBITDA) of CHF 40-45 million.

The Cicor Group is publishing its financial mid-term targets for the next three to four years and hosts its Capital Markets Event 2023 this evening in Zurich. At the Capital Markets Event, Cicor will provide insights into its growth strategy, value creation through acquisitions, the contribution of operational excellence to achieving its mid-term targets and the strategic partnership with Clayens. The following financial mid-term targets will be presented today. Annual organic growth of 7-10%. Sales of >CHF 600 million within 3 - 4 years. Profitability of 7-10% (core EBIT) and 10-13% (EBITDA).