Media release

2013 financial year: Solid growth and improved operating results

Zurich, February 14, 2014 - Cicor (SIX Swiss Exchange: CICN), a leading, international hightech industrial group in the field of printed circuit boards, microelectronics and electronic solutions based in Boudry (Switzerland), can look back on a successful 2013. Provisional, unaudited figures confirm that the Cicor Group is right on track. The annual financial statement and the Annual Report 2013 will be released at the annual press and analysts' conference on March 12, 2014.

Order intake in Swiss francs for the 2013 financial year increased by more than 16% to around CHF 202 million (2012: CHF 173 million), with net sales growing by over 8% to around CHF 191 million (2012: CHF 176 million). Based on a high order backlog of nearl y CHF 124 million per end of 2013 (end of 2012: CHF 112 million), Cicor foresees a good level of capacity utilization in the first months of the 2014 financial year.

During the course of 2013, the Cicor Group also steadily improved its operating results. The EBIT margin is expected to range between 4.3% and 4.5%, and the EBIT DA margin between 9.0% and 9.2% (2012: EBIT 4.1%, EBITDA 8.7%). EBIT in 2012 included CHF 0.3 million from the gain of sale of assets and a CHF 0.6 million curtailment from IAS 19, result ing from restructuring.

Restated due to IAS 19, net profit of 2012 amounted to CHF 6.1 m illion, including CHF 1.3 million capitalized losses carried forward. Due to far fewer positive tax effects, net profit in 2013 will be below 2012.

Cicor will publish the final financial figures for 2013 on March 1 2, 2014.

Contact:

Antoine Kohler

Patric Schoch

Chairman of the Board of Directors

acting CEO / CFO

Tel. +41 43 811 44 05

Tel. +41 43 811 44 05

E-mail: media@cicor.com

E-mail: media@cicor.com

Cicor Management AG

Leutschenbachstrasse 95

CH-8050 Zurich

Switzerland

Dates:

Media and analysts' conference on the 2013 financial year

12 March 2014, 10 a.m. at SIX Swiss Exchange, ConventionPoint

Annual Shareholders' Meeting

24 April 2014 in Boudry

Interim Report 2014

21 August 2014

About Cicor • Cicor is a globally active group of leading companies in the electronics industry. It is organized into two Divisions: Advanced Microelectronics & Substrates (AMS) and Electronic Solutions (ES). The group's companies provide complete outsourcing services and a broad range of technologies for the manufacture of highly complex PCBs, hybrids and electronic modules. With around 1700 employees at eleven production sites worldwide, the group supplies high-quality custom-made solutions to its clients in Europe, America and Asia. The shares of Cicor Technologies Ltd. are listed on the SIX Swiss Exchange (CICN). For further information please visit www.cicor.com.


Media release (PDF)



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