Cicor

OverviewSuggest Edit

Cicor Group is a provider of printed circuit boards, hybrid circuits, printed electronics, and electronic manufacturing services. The company develops and produces flexible, rigid-flexible, and rigid printed circuit boards (PCBs), thin-film and thick-film substrates, as well as offers a range of products and services in the fields of printed circuit board assembly, system assembly and box building, switchgear cabinet construction, cable assembly, tool design and fabrication, and plastic injection molding. It also offers outsourcing solutions for the development and manufacture of electronic assemblies and complete devices and systems. Cicor serves the medical, industrial, aerospace and defense, communication, automotive and transport, and watches and consumer markets.

TypePublic
Founded1966
HQBronschhofen, CH
Websitecicor.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Jun 2021)1,990(+5%)
Revenue (FY, 2021)CHF239 M(+12%)
Share Price (Aug 2022)CHF42.6(+2%)
Cybersecurity ratingCMore
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Key People/Management at Cicor

Alexander Hagemann

Alexander Hagemann

CEO
Daniel Frutig

Daniel Frutig

Chairman
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Cicor Office Locations

Cicor has offices in Bronschhofen, Boudry, Cambridge, Suzhou and in 3 other locations
Bronschhofen, CH (HQ)
Gebenloostrasse 15
Boudry, CH
Rte de l'Europe 8
Suzhou, CN
No.11 Building, No. 666 Jianlin Road, SND-EPZ Sub-industrial Park
Batam, ID
J1. Beringin Lot 322-324 BIP Muka Kuning
Singapore, SG
45 Changi South Ave 2, 02 00
Cambridge, MA, US
185 Alewife Brook Pkwy Ste 210
Show all (7)

Cicor Financials and Metrics

Cicor Revenue

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View revenue for all periods
Cicor's revenue was reported to be CHF239.04 m in FY, 2021
CHF

Revenue (FY, 2021)

239.0m

Gross profit (FY, 2021)

116.3m

Gross profit margin (FY, 2021), %

48.7%

Net income (FY, 2021)

7.5m

EBITDA (FY, 2021)

23.1m

EBIT (FY, 2021)

12.2m

Market capitalization (2-Aug-2022)

130.8m

Closing stock price (2-Aug-2022)

42.6

Cash (31-Dec-2021)

68.8m

EV

191.8m
Cicor's current market capitalization is CHF130.8 m.
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

248.1m253.9m214.9m239.0m

Cost of goods sold

(130.8m)(136.3m)(112.2m)(123.8m)

Gross profit

117.7m118.3m104.2m116.3m

Gross profit Margin, %

47%47%49%49%
Half Year
CHFH1, 2019H1, 2020H1, 2021

Revenue

131.9m109.0m116.7m

Cost of goods sold

(72.2m)(57.2m)(59.6m)

Gross profit

60.0m52.5m57.7m

Gross profit Margin, %

45%48%49%
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Cash

29.8m33.7m43.1m68.8m

Accounts Receivable

42.0m36.4m30.7m44.1m

Prepaid Expenses

1.6m999.0k1.1m1.7m

Inventories

59.2m50.6m49.9m80.1m
Half Year
CHFH1, 2019H1, 2020H1, 2021

Cash

26.8m37.4m36.3m

Accounts Receivable

39.7m35.0m36.4m

Prepaid Expenses

1.0m1.5m1.5m

Inventories

56.0m49.7m58.6m
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

13.0m11.9m6.4m7.5m

Depreciation and Amortization

9.2m9.8m10.3m10.7m

Inventories

(8.3m)7.3m(313.0k)(20.9m)

Accounts Payable

5.0m(3.2m)(4.1m)6.3m
Half Year
CHFH1, 2019H1, 2020H1, 2021

Net Income

5.5m3.1m6.4m

Depreciation and Amortization

4.9m5.2m5.0m
CHFFY, 2018

Revenue/Employee

125.2k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x
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Cicor Revenue Breakdown

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Cicor revenue breakdown by business segment: 24.4% from AMS DIVISION and 75.6% from ES DIVISION

Cicor revenue breakdown by geographic segment: 27.5% from SWITZERLAND, 18.6% from ASIA, 5.5% from ALL OF NORTH & SOUTH AMERICA, 47.6% from REST OF EUROPE and 0.8% from Other

Cicor Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Cicor Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Cicor Online and Social Media Presence

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Cicor News and Updates

One Equity Partners Completes Strategic Investment in Cicor Technologies Ltd.

NEW YORK, July 19, 2021 /PRNewswire/ -- One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has completed the acquisition of a 29 percent stake in Cicor Technologies Ltd. ("Cicor" or "the Company") (SIX Swiss Exchange: CICN), a leading Swiss provider...

Cicor Frequently Asked Questions

  • When was Cicor founded?

    Cicor was founded in 1966.

  • Who are Cicor key executives?

    Cicor's key executives are Alexander Hagemann and Daniel Frutig.

  • How many employees does Cicor have?

    Cicor has 1,990 employees.

  • What is Cicor revenue?

    Latest Cicor annual revenue is CHF239 m.

  • What is Cicor revenue per employee?

    Latest Cicor revenue per employee is CHF120.1 k.

  • Who are Cicor competitors?

    Competitors of Cicor include RUAG International, Harting and Victory Giant Technology.

  • Where is Cicor headquarters?

    Cicor headquarters is located at Gebenloostrasse 15, Bronschhofen.

  • Where are Cicor offices?

    Cicor has offices in Bronschhofen, Boudry, Cambridge, Suzhou and in 3 other locations.

  • How many offices does Cicor have?

    Cicor has 7 offices.