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Cicor Technologies ( (CH:CICN) ) has issued an announcement.
Cicor Technologies reported a strong first quarter of 2026, with net sales rising 22.6% year-on-year to CHF 160.7 million and order intake reaching CHF 196.4 million, driven largely by robust demand in the aerospace and defense market. Despite an organic sales decline due to supply chain constraints and currency headwinds, the book-to-bill ratio of 1.22 and solid order backlog underscore resilient demand.
The group further cemented its position in aerospace and defense by securing two new customers, including Kongsberg, and now serves most leading European defense suppliers, while Cicor France also signed a long-term partnership in railway infrastructure. Initial orders from these new partnerships are expected in 2026 with annual revenues above CHF 20 million from 2027, supporting Cicor’s guidance for 2026 sales of CHF 700–750 million, adjusted EBITDA of CHF 70–80 million, and an ongoing acquisition strategy to bolster market position and long-term growth.
The most recent analyst rating on (CH:CICN) stock is a Buy with a CHF175.00 price target. To see the full list of analyst forecasts on Cicor Technologies stock, see the CH:CICN Stock Forecast page.
More about Cicor Technologies
Cicor Technologies is a global provider of comprehensive electronic solutions spanning research and development, production, and supply chain management. With around 4,500 employees in 14 countries, the company serves leading customers in the medical, industrial, and aerospace and defense sectors and is listed on the SIX Swiss Exchange under the ticker CICN.
Average Trading Volume: 19,041
Current Market Cap: CHF569.8M
For detailed information about CICN stock, go to TipRanks’ Stock Analysis page.