Electronics Production | March 14, 2008
Cicor reports strong sales growth for 2007
Swiss based Cicor increased its net sales by 16.6% to CHF 203.1 million (PY: CHF 174.3 million) in 2007 financial year.
The Group's profit from operating activities before interest and taxes (EBIT) went up 48.8% to CHF 13.7 million (previous year CHF 9.2 million). The net profit of CHF 10.1 million exceeded the previous year's CHF 7.2 million considerably. The Swiss group comprises three divisions – Printed Circuit Boards (PCB), Microelectronics (ME) and Electronic Manufacturing Services (EMS). With 800 employees in several sites, the group supplies outsourcing services and PCB production technologies. The detailed results for 2007 will be published on April 21 at a media and analysts' conference in Zurich.