Cicor Technologies Ltd. Confirms Earnings Guidance Year 2023; Provides Earnings Group Guidance for the Mid-Term for the Next Three to Four Years
The Cicor Group is publishing its financial mid-term targets for the next three to four years and hosts its Capital Markets Event 2023 this evening in Zurich. At the Capital Markets Event, Cicor will provide insights into its growth strategy, value creation through acquisitions, the contribution of operational excellence to achieving its mid-term targets and the strategic partnership with Clayens. The following financial mid-term targets will be presented today. Annual organic growth of 7-10%. Sales of >CHF 600 million within 3 - 4 years. Profitability of 7-10% (core EBIT) and 10-13% (EBITDA).