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.”

Daniel Frutig, Chairman of the Board of Directors

Alexander Hagemann, CEO

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).

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

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