Cicor Reports Strong Q1 Results and New Customer Acquisitions

Cicor Technologies Ltd announced a robust first quarter in 2026, highlighting significant customer acquisitions in the Aerospace & Defence sector. The firm reported net sales of CHF 160.7 million, marking a 22.6% increase over the previous year. The order intake reached CHF 196.4 million, yielding a favorable book-to-bill ratio of 1.22.

This growth was propelled by Cicor's expanding presence in the Aerospace & Defence market, adding notable clients such as Kongsberg. A new partnership in the railway infrastructure sector was also established in France, set to contribute over CHF 20 million in annual sales starting 2027.

Despite challenges such as a 6% organic decline, 33.4% M&A growth contributed positively. The firm forecasts organic growth to resume in 2026, driven by easing supply constraints and strategic acquisitions. Cicor maintains its sales guidance for 2026, projecting between CHF 700 and CHF 750 million in revenues, with adjusted EBITDA expected between CHF 70 million and CHF 80 million.