The Cicor Group held its annual Capital Markets Event on December 4, 2023 in Zurich, Switzerland.
It was a pleasure to welcome investors, analysts and other members of the financial community and to share the latest developments at Cicor as well as an outlook of what’s to come.
CEO Alexander Hagemann opened the evening with a strategy update, discussing current trends, Cicor’s position in the EMS market and, for the first time, financial mid-term targets for a 3-4 year horizon.
CFO Peter Neumann, CFA shared details on Cicor’s M&A strategy, leveraging synergies, success factors for post-merger integration and the excellent results achieved through M&A.
Executive Vice President Operations Marco Kechele presented Cicor’s “Doing more with less“ approach, which enables the company to drive returns through operational excellence. This includes optimizing processes using new technologies such as AI, improving the layout and flow of facilities and moving towards a “smart factory“. All of this has contributed to significantly improved operational performance in recent years.
Eric Pisani, CEO of Clayens, joined the event remotely from Lyon and shared the benefits of the strategic partnership between Cicor and Clayens, creating a one-stop CDMO (Contract Development and Manufacturing Organization) with unmatched expertise in both plastics and electronics.
The evening concluded with a flying dinner from the kitchen of the Widder Hotel, which once again provided excellent service in a great location in the center of Zurich.