Zurich (awp) – Electronic components producer Cicor presented ambitious financial objectives for 2028 on Tuesday, planning to more than double its turnover, notably through acquisitions.
As part of its investor day, the company, active in the production of electronic components for the medical, aerospace and defense sectors, expects annual organic growth of 7% to 10% and revenues greater than 1 billion Swiss francs in four years, she announced in a press release.
Profitability, measured by the gross operating profit margin (Ebitda), must be between 10% and 13%.
Among other key figures, the return on equity must exceed 15%, while the debt level must be below a multiple of 2.75 of Ebitda. Investment expenses are anticipated at 2.5-3% of sales.
These projections include acquisitions.
Cicor also confirmed that it expects a turnover between 470 to 510 million and an Ebitda of 50 to 60 million for the whole of 2024.
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