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Cicor Profits Up

Written by Margo Lakin
Friday, 29 August 2008
ZURICH– Cicor Technologies Group announced an 8.9% increase in net sales for the first half of 2008 and a net profit that rose by 20.7%. Net sales increased by 8.9%, with the company’s acquisition of ESG contributing 2.7% of that figure. EBIT rose 27.3%. Despite a subdued forecast for the remainder of 2008 the group management and the board of directors believe that 2008 will close with higher net sales and increased profitability.

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