Cicor Technologies Sees Strong First Quarter Growth

Cicor Technologies Ltd reported a 22.2% increase in sales for the first quarter of 2025, reaching CHF 131.1 million. The order intake rose by 29.1% year-on-year to CHF 125.8 million. This growth was notably fueled by recent acquisitions, including Profectus Solutions and the agreement to acquire MADES. The company remains committed to its 2028 strategy, emphasizing expansion in healthcare, industry, and aerospace & defense sectors.

Cicor is strategically consolidating the European electronics manufacturing services industry. Key transactions include acquiring Profectus Solutions in Germany, signing an agreement to acquire MADES in Spain, and taking over a Swiss site from Mercury Mission Systems. Further moves include a takeover bid for Eolane France.

The company projects sales of CHF 520-560 million and EBITDA of CHF 60-70 million for 2025, excluding future contributions from recent acquisitions. Cicor notes minimal impact from US tariffs, affecting less than 1% of sales.