Key Developments: Cicor Technologies Ltd (CICN.S)

CICN.S on Swiss Exchange

31.45CHF
26 May 2015
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Latest Key Developments (Source: Significant Developments)

Cicor Technologies names new CEO, proposes increased dividend
Wednesday, 11 Mar 2015 02:00am EDT 

Cicor Technologies Ltd:To propose increase of 20 percent in profit distribution in form of a tax-free dividend of 0.36 Swiss francs per share.Cicor group names Juerg Duebendorfer as new CEO.  Full Article

Cicor Technologies Ltd to change chairman of board of directors
Thursday, 5 Mar 2015 01:00am EST 

Cicor Technologies Ltd:Announces that Antoine Kohler is stepping down as chairman of board of directors when his term of office expires.Board of directors has proposed current vice chairman, Heinrich J. Essing, as new chairman of board of directors.  Full Article

Cicor Technologies Ltd signs credit agreement
Tuesday, 23 Dec 2014 01:00am EST 

Cicor Technologies Ltd:New financing of 65 million Swiss francs ($66.07 million) improves financial flexibility of group.Arranged credit facility with consortium of banks - led by Commerzbank AG - has duration of three years, with two extension options of one additional year each, running for a maximum term of five years.New financing agreement supersedes existing credit facility of 45 million Swiss francs which was signed in Feb. 2012.  Full Article

Cicor Technologies Ltd wins contract from new customer in industrial sector
Wednesday, 26 Nov 2014 01:00am EST 

Cicor Technologies Ltd:Has been awarded a major contract by K√§rcher Group for complete manufacture of modules for high-pressure cleaning systems for end consumers.Says in a first phase, contract volume for control systems will amount to close to 10 million Swiss francs.Says majority of related order intake will come in 2015.  Full Article

Cicor Technologies Ltd comments on FY 2014 outlook
Thursday, 21 Aug 2014 01:00am EDT 

Cicor Technologies Ltd:Says is well positioned to further increase sales and net profit overall for FY 2014 in stable economic environment.FY 2013 sales of 190.5 million Swiss francs and net income of 4.5 million Swiss francs.  Full Article

Cicor Technologies Ltd proposes distribution of capital reserves for FY 2013 and gives FY 2014 revenue outlook
Wednesday, 12 Mar 2014 02:00am EDT 

Cicor Technologies Ltd:Proposes distribution of capital reserves in amount of 0.30 Swiss francs per share for FY 2013 (FY 2012: 0.30).Expects further, profitable revenue growth in FY 2014.FY 2013 net revenues of 190.5 million Swiss francs.  Full Article

Cicor Technologies Ltd Wins New Contract In Asia
Thursday, 7 Nov 2013 01:00am EST 

Cicor Technologies Ltd announced that its Asian Division has been awarded a contract worth several million CHF for the complete manufacture of products in the healthcare segment. The contract embraces complete box building: from the procurement of components via the tool shop (manufacture of the plastic tools and injection moulds), PCB assembly, testing and certification of the end product. The production of the products contributes to the capacity utilization of the Asia production sites in 2014.  Full Article

Cicor Technologies Ltd Reaffirms FY 2013 Guidance
Wednesday, 21 Aug 2013 01:00am EDT 

Cicor Technologies Ltd announced that its fiscal year 2013 and operating results (EBIT) projections remain unchanged. The Cicor Group expects to remain on its growth track for the fiscal year 2013 as a whole, with profitability remaining stable at the level of the previous fiscal year 2012.  Full Article

BRIEF-Cicor Technologies FY EBITDA up 12.6 pct to CHF 19.8 mln

* Net revenue for 2014 was 202.5 million Swiss francs ($203 million) (2013: 190.5 million francs)

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