GURIT MARKET NEWS

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28 September 2016

Futuristic, All-Composite 53m Trimaran “Galaxy of Happiness” On Display at 26 th Monaco Yacht Show

Zurich, Switzerland, September 28, 2016 – Gurit, a worldwide leader in advanced composite engineering and materials, is pleased to congratulate Latitude Yachts on the successful completion of the first two “Galaxy” 53m Trimarans.



08 September 2016

Gurit Wins Four-Year Automotive Components Supply Contract

Zurich, Switzerland, September 08, 2016 Gurit (SIX Swiss Exchange: GUR), a worldwide leading developer and manufacturer of advanced composite materials and technologies, today announced that it has been selected as the supplier for carbon fiber-based automotive body panels by a British premium automotive OEM.



25 August 2016

Gurit achieves net sales growth of 3% and a strong operating profit margin of 10.5% in the first half of 2016

Zurich, Switzerland, August 25, 2016 - Gurit (SIX Swiss Exchange: GUR) reports net sales of CHF 182 million for the first half of 2016. This represents a currency-adjusted growth of 3% and +2.5% in reported Swiss francs over the previous year. The operating profit margin reached 10.5% at CHF 19.1 million operating profit in the first six months of 2016 containing one-off expenses of CHF 2.5 million, mainly related to non-cash impairment charges in the U.K. of CHF 2.0 million. Operating profit improved by 21% compared to CHF 15.8 million in the first half of 2015. Operating profit margin before one-off costs reached remarkable 11.8% of net sales.



16 August 2016

Gurit-Engineered ARES HERCULES Series Fast Patrol Boats on Sea Trials

Zurich, Switzerland, August 16, 2016 Leading provider of composites engineering services Gurit is pleased to congratulate ARES Shipyard on the launch of the first in a series of new patrol boats for Qatar Coastguard.



10 August 2016

Gurit to present half-year results on August 25, 2016 07:00 a.m. CEST: Distribution of media release; online publication of half-year report 2016 09:00 a.m. CEST: Joint Media and Analyst Conference



04 July 2016

Gurit Supports Foiling Community

Zurich, Switzerland, July 04, 2016 Gurit, a worldwide leader in advanced composite engineering and materials, is pleased to announce sponsorship of the 2016 Foiling Week™ Forum at Lake Garda, Italy, and Newport, RI, U.S.A.



13 June 2016

Gurit Opens Wind Blade Mould Production Facility in Europe

Zurich, Switzerland, June 13, 2016 – Gurit (SIX Swiss Exchange: GUR) today announced that it will open a wind blade mould production facility in Szczecin, Poland. The expansion is targeted at further increasing the Company`s Tooling market share in Europe.



19 April 2016

Gurit Tooling and Barracuda Advanced Composites Cooperate to Service the Brazilian Wind Energy Tooling Market

Zurich (Switzerland), Rio de Janeiro (Brazil), April 19, 2016 – Leading Manufacturer of high-quality wind blade moulds Gurit and Barracuda Advanced Composites have teamed up to serve the Brazilian market with wind blade mould technology and services.



14 April 2016

Gurit reports solid start into the 2016 fiscal year

  • Net sales for Q1-2016 amounted to CHF 87.7 million, a slight currency-adjusted decrease of 1% versus a strong Q1-2015
  • Gurit Annual General Meeting of Shareholders approved all proposals

 

Zurich, Switzerland, April 14, 2016 Gurit (SIX Swiss Exchange: GUR) today reports unaudited results for the first quarter of 2016. Net sales for the first three months of 2016 developed in line with expectations and came in slightly lower than in the first quarter of 2015.



15 March 2016

Gurit Reports Double-digit Growth and Significant Profit Improvement in 2015

Zurich, Switzerland, March 15, 2016 Gurit (SIX Swiss Exchange: GUR) today reports double-digit sales growth for the second consecutive year. The strong wind energy demand, customer wins and the full deployment of the Company`s comprehensive core materials offering were the main contributors to the increase of net sales to CHF 359.4 million for 2015. Based on the positive sales development and the materialization of the initiated improvement programs, operating profit rose to CHF 33.0 million (9.2% of net sales) and net profit amounted to CHF 22.6 million for the full year 2015.



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