Half-Year Report 2024 

In July, we published our Half-Year Report 2024. Cicor has continued to grow significantly in the first half of 2024 and has advanced into the top tier of European electronic manufacturers.

Net sales reached CHF 231.3 million, an increase of 16.1% compared to CHF 199.2 million for the first half of 2023. Despite negative one-off effects from acquisitions, the operating margin remained constant at 10.7%, while EBITDA rose by 15.9% to CHF 24.7 million (first half of 2023: CHF 21.3 million). Net profit grew disproportionately, resulting in earnings per share of CHF 2.69 (first half of 2023: CHF 1.74). The outlook for the second half of the year remains positive despite the challenging environment.

Read the full Half-Year Report 2024 here (English only).

CEO Alexander Hagemann sat down for an interview at our Bronschhofen site to discuss the 2024 half-year results, Cicor's advancement into the top tier of European electronics manufacturers and the current market environment.