Cicor Technologies · SIX:CICN
Cicor Technologies — Baader Helvea Swiss Equities Conference 2022
23 slides from Cicor Technologies's conference presentation, Jan 12, 2022
Slide 1: Baader Helvea Swiss Equities Conference 2022
Baader Helvea Swiss Equities Conference 2022 Cicor Technologies Ltd. January 12, 2022 Alexander Hagemann (CEO) Peter Neumann (CFO)
Slide 2: Disclaimer
Disclaimer January 12, 2022 The information in this presentation does not constitute an offer or invitation and may not be construed as a recommendation by us to purchase, hold or sell shares of Cicor Technologies Ltd. This information or any copy thereof may not be sent or taken to or distributed i
Slide 3: The Cicor Group
Alexander Hagemann (CEO) The Cicor Group
Slide 4: The Cicor Group
The Cicor Group Leading technology partner for mission-critical high-quality electronics The Swiss leader in design and manufacturing of advanced electronics Pioneering microelectronics since 1966 – listed at SIX Swiss Exchange in 1998 Serving OEM customers in the Medical, Industrial, Aerospac
Slide 5: Leading technologies for high-end electronics
Leading technologies for high-end electronics An unparalleled offering of products and services Advanced Microelectronics and Substrates Electronic Solutions The strongest platform in the industry for high precision Realization of advanced electronic devices: electronic substrates and microelectroni
Slide 6: Cicor USP in a competitive growth market
Cicor USP in a competitive growth market No. 1 electronics contract manufacturer in Switzerland, no. 2 in target markets in D-A-CH region Unique combination as solution provider and technology leader with flawless execution Focus on Medical, Industrial, Aerospace & Defence with high margin poten
Slide 7: Financials
Peter Neumann (CFO) Financials
Slide 8: Cicor Group Performance 2016 – H1/2021
Cicor Group Performance 2016 – H1/2021 All figures in CHF million at actual FX rates Total Group Group H1/2020 H1/2021 %YoY in TCHF Sales 109 047 116 712 +7.0% EBITDA 9 267 11 602 +25.2% ROS% 8.5% 9.9% +1.4%pt. Cicor reconfirms its guidance for the full year of 2021 despite currency and pandemic sit
Slide 9: Mandatory Convertible Bond (MCB)
Mandatory Convertible Bond (MCB) Establish sufficient and flexible financing to implement the Cicor growth strategy Backstopped MCB offers multiple benefits and provides flexibility to execute growth strategy: MCB will amount to at least CHF 20 million upon completion and offer Cicor optional fu
Slide 10: The next chapter of Cicor
Alexander Hagemann (CEO) The next chapter of Cicor 2021 - 2025
Slide 11: A growing market
A growing market The electronics super-cycle is driven by demand for the connection of everything Benefiting from megatrends Source: Lincoln International, June 2020 11
Slide 12: A growing market
A growing market Megatrends support the growth of Cicor 1. Ever growing demand for electronics and digital devices worldwide 2. OEM focusing on their core competency, share of outsourced manufacturing Benefiting increases from megatrends 3. Nearshoring, Reshoring and alternatives to China: Cicor is
Slide 13: Market focus: A.I.M.
Market focus: A.I.M. Cicor operates in markets with highest customer loyalty and highest margins Entry barriers for competitors in mission-critical applications through engineering partnerships, validation cycles, government regulations Differentiation & Market Leadership 13
Slide 14: Differentiated business model
Differentiated business model Unique combination as solution provider and technology leader with flawless execution Differentiation & Market Leadership 14
Slide 15: Growing market share
Growing market share Strong position amongst European EMS providers in Switzerland, D-A-CH and U.K. Electronic manufacturing requires customer closeness Strong position in CH and D-A-CH and U.K., European No. 12 in target markets Differentiation & Area of highest Market leader Market customer ov
Slide 16: Cicor strategy
Cicor strategy A strong platform for organic growth and industry consolidation A one-stop-shop with unmatched depth of value added for the customers: Consulting – Engineering – Technologies – Execution Platform, Brand Journey from “exchangeable supplier” to “integral value chain partner” & Innov
Slide 17: Growing in the most attractive segment of electronics manufacturing
Growing in the most attractive segment of electronics manufacturing Targeted markets with significant potential for further organic growth combined with acquisitions The full addressed markets represent USD 17.5 billion of which Cicor targets non- commodity opportunities (high-tech, high-mix, low
Slide 18: Growing in the most attractive segment of electronics manufacturing
Growing in the most attractive segment of electronics manufacturing Cicor operates in the sweet-spot of scale combined with attractive margins EBITDA Margin Tier 4: Small local players Tier 3: High Mix / Low Volume A.I.M. Profitable 12% EMS Growth 10% EMS EMS Tier 2: Low Mix / High Vol. A.I.M. EMS 8
Slide 19: Acquisition of Axis Electronics Ltd
Acquisition of Axis Electronics Ltd First step in implementing the Cicor growth strategy Closed November 30, 2021. Strengthening core A.I.M. markets, making Cicor a European top 5 player in A&D electronics Profitable Axis had in its last statutory FY ending March 2021 GBP 26.6 Growth million rev
Slide 20: Investor Relations
Alexander Hagemann (CEO) Investor Relations
Slide 21: Investor Relations
Investor Relations Agenda 2022 Annual Report 2021 March 10, 2022 Media and Analyst Conference (Webcast) March 10, 2022 Annual Shareholder’s Meeting 2022 April 12, 2022 Interim Report 2022 August 11, 2022 Media and Analyst Conference (Webcast) August 11, 2022 Investora 2022 September 21/2
Slide 22: Investor Relations
Investor Relations Contacts Alexander Hagemann Peter Neumann Michael Götti CEO CFO VP Corporate Marketing & Communications Cicor Management AG Gebenloostrasse 15 9552 Bronschhofen Switzerland investor@cicor.com +41 71 913 73 00 22
Slide 23: Thank you for your attention
Thank you for your attention www.cicor.com/investors info@cicor.com
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