Switzerland's Cicor 2025 revenue rises, helped by acquisitions

Cicor Technologies

05/03/2026 06:14

Overview

Swiss electronics solutions provider's 2025 revenue grew 28% to CHF 616.5 mln

Adjusted EPS decreased slightly due to acquisition-related costs and currency effects

Company completed five acquisitions, expanding in Aerospace & Defence and Medical Technology

Outlook

Cicor expects 2026 sales to reach CHF 700 mln to CHF 750 mln

Adjusted EBITDA for 2026 projected at CHF 70 mln to CHF 80 mln

Company anticipates margin improvement by end of 2026

Result Drivers

ACQUISITIONS - Cicor's revenue growth largely driven by acquisitions, contributing 32.5% to sales growth

STRATEGIC EXPANSION - Optimised geographic footprint and expanded capacity supported growth

CURRENCY IMPACT - Swiss franc appreciation negatively affected results, contributing to lower adjusted EPS

Company press release: ID:nEQ1MWpNJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
CHF 616.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Cicor Technologies Ltd is CHF180.00, about 13.6% above its March 4 closing price of CHF158.50

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)