BOUDRY, SWITZERLAND – Cicor Technologies’ net income rose 10.3% in the first half to $86 million.
The firm’s orders for the period were $90.4 million, up 20% year-over-year.
For the period, the EMS division recorded net revenue of $43.6 million, up 7.9% compared to the first half of 2009. Operating profit was $389,000, compared to a loss of $779,000 last year, when the firm took restructuring costs of more than $1.3 million.