Cicor Technologies Ltd. (0QPR) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the annual media and analytics conference call and live webcast. I am George, the chorus call operator. I would like to remind you that all participants will be listened only mode and the conference is being recorded. The presentation will be followed by Q&A session. You can register for questions at any time by pressing star and one. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcasting. At this time, it's my pleasure to hand over to Alexander Hegman, CEO. Please go ahead. Good afternoon. Thank you very much, George. Yes, good afternoon, ladies and gentlemen. I'm very happy that you are here in large numbers. So that is very pleasing and shows a certain interest in the company that all of you have. So it's a big pleasure for us, that's Peter Neumann, our CFO, and myself, to present the highlights of 2023 to you. First of all, for those who are new to us, like usual, I spent just a couple of minutes on introducing the SECOR group. And the most important thing is that what you find from SECOR is high-end electronics developed, manufactured by SECOR, and with a total focus on three markets. These three markets are the medical, industrial, aerospace, and defense markets. The fastest growth, and we'll come to that later, we had this year in the medical sector. It's now 29% of our sales. We have very strong business in areas like surgical robots, smart drug delivery systems. We have also very high growth and expect further very high growth in the aerospace and defense sector where we support safety, reliability, communication on many different platforms for our customers. These are the two areas that are specific focus because here we cannot only differentiate ourselves because of strong regulat...