-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueSales: From Pitch to PO
From the first cold call to finally receiving that first purchase order, the July PCB007 Magazine breaks down some critical parts of the sales stack. To up your sales game, read on!
The Hole Truth: Via Integrity in an HDI World
From the drilled hole to registration across multiple sequential lamination cycles, to the quality of your copper plating, via reliability in an HDI world is becoming an ever-greater challenge. This month we look at “The Hole Truth,” from creating the “perfect” via to how you can assure via quality and reliability, the first time, every time.
In Pursuit of Perfection: Defect Reduction
For bare PCB board fabrication, defect reduction is a critical aspect of a company's bottom line profitability. In this issue, we examine how imaging, etching, and plating processes can provide information and insight into reducing defects and increasing yields.
- Articles
- Columns
- Links
- Media kit
||| MENU - pcb007 Magazine
Cicor Unveils Strategy 2028 to Lead as Pan-European Electronics Innovator
November 5, 2024 | CicorEstimated reading time: 1 minute
Cicor Group announces its Strategy 2028 as well as updated financial mid-term targets and is hosting its Investors' Day 2024 in Zurich this evening.
Following an in-depth strategic review, the Board of Directors approved the Cicor Strategy 2028 under the guiding theme "creating together". By 2028, Cicor aspires to be the leading pan-European electronics developer and manufacturer for healthcare technology, aerospace/defence and industrial, be recognised as an employer of choice, committed to operate sustainably.
A stronger focus on high-growth verticals and the accelerated expansion of R&D services is expected to lead to above market growth organically. A newly developed business excellence model is being implemented and will support Cicor's financial and operational performance. Cicor is taking advantage of the opportunities offered by digitalisation and the use of artificial intelligence, while at the same time increasing cyber security within the company. Selective footprint optimisation such as the recently announced consolidation of thin-film production at the Wangs (Switzerland) site will further drive performance.
Cicor will continue to accelerate growth by acquisitions that support market leadership in existing countries and selective other European markets, applying an unchanged rigorous M&A process and a disciplined approach to integration. For Cicor, it is of central importance to continue to strengthen its focus on human capital and the creation of an inclusive corporate culture based on equality, fairness and mutual respect. Cicor will continue to contribute towards a sustainable future with an emission reduced and balanced carbon footprint in line with the goals of the Paris Agreement. Cicor also remains committed to adhering to compliance and governance standards.
At today's Capital Market Event, Cicor will offer in-depth insights into its Strategy 2028 roadmap. Additionally, the following mid-term financial targets have been approved by the Cicor Board of Directors:
- Annual organic growth of 7-10%
- Sales of >CHF 1 billion by 2028
- Profitability of 7-10% (EBIT) and 10-13% (EBITDA)
- Return on invested capital (ROIC) of >15%
- Net debt / EBITDA ratio of <2.75
- Capital expenditure (CAPEX) of 2.5-3% of sales
The updated financial mid-term targets include acquisitions. The level of inorganic growth may lead to a revision of the financial mid-term targets. The existing guidance for the current financial year is confirmed: Cicor expects sales of CHF 470-510 million and an operating profit (EBITDA) of CHF 50-60 million in 2024.
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Eltek Ltd. Reports Strong Second-Quarter 2025 Results
08/14/2025 | PR NewswireEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2025.
20 Years of Center Nanoelectronic Technologies (CNT) – Backbone of German Semiconductor Research Celebrates Anniversary
08/14/2025 | Fraunhofer IPMSThe Center Nanoelectronic Technologies (CNT) of the Fraunhofer Institute for Photonic Microsystems (IPMS) is celebrating its 20th anniversary this year. Since its founding in 2005, it has developed into a pillar of applied semiconductor research in Germany and Europe. With its unique research cleanroom and equipment adhering to the 300-mm wafer industry standard, CNT is unparalleled in Germany and serves as a central innovation driver for the microelectronics industry.
Federal Electronics Elevates Hermosillo Facility with Advanced Mycronic 3D AOI System
08/12/2025 | Federal ElectronicsFederal Electronics, a leader in providing advanced electronic manufacturing services, has enhanced its new production line at its Hermosillo, Mexico facility with the addition of the Mycronic MYPro i50 Automated Optical Inspection (AOI) system.
Flex Delivers Advanced Power Management for Next-Generation NVIDIA AI Infrastructure
08/07/2025 | FlexFlex announced a new power shelf system to fast-track 800 VDC power architectures and support the growing demands of AI infrastructure and AI factories.
Inside the AI Hardware Boom: Servers, Substrates and Advanced Packaging
08/07/2025 | Edy Yu, Printed Circuit Information, China, and Marcy LaRont, I-Connect007AI is rewriting the hardware playbook, marrying complex software and algorithms to run and improve machine and equipment operations. Sorting through, managing, and utilizing massive amounts of data takes tremendous data storage and processing power. Enter the new generation of supercomputers and data servers. The data servers being built today are not your momma’s server, as they say.