Gurit updates the financial outlook for 2021 and announces organizational changes to strengthen its positioning as solution provider to the wind turbine industry

Gurit (SIX Swiss Exchange: GUR) today announces an updated financial outlook for 2021 as a result of the temporarily reduced demand for wind blades in China and the accelerating decrease in balsa demand. Gurit initiated corresponding restructuring and relocation measures. Furthermore, Gurit will adapt its organization to strengthen the positioning as an innovative, customer-focused solution […]

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Gurit extends contract with Pilatus Aircraft Ltd for five years

Gurit (SIX Swiss Exchange: GUR) announces a five-year materials supply contract extension with the Swiss manufacturer Pilatus Aircraft Ltd. The agreement is a continuation of a long-standing partnership and is expected to generate double digit million CHF net sales over the 2021-2025 period. The contract covers the delivery of Aerospace-qualified prepregs for secondary structures and […]

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Gurit Reports Net Sales Growth for Continued Operations of 3.3% in CHF and 8.9% at constant exchange rates and an Operating Profit Margin of 11.2% for Fiscal Year 2020

Gurit (SIX Swiss Exchange: GUR) today reported net sales of CHF 578.8 million for the full year 2020. Gurit achieved an operating profit of CHF 64.6 million (11.2% of net sales) and net profit amounted to CHF 46.6 million in 2020. Gurit reports sales growth of 3.3% in reported CHF and 8.9% at constant exchange […]

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