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15 May 2014

Boat Builds Made Faster and Lighter Using Gurit Composite Solutions

 

May 15, 2014, Gurit (SIX Swiss Exchange: GUR), a leading global manufacturer and supplier of Composite Materials, Systems and Engineering, and well established within the Asia Pacific marine sector, will be showcasing its latest product innovations and engineering capabilities at the Sanctuary Cove International Boat Show in Queensland, Australia, from Thursday 22nd to Sunday 25th May 2014. Visitors are invited to discover how composite materials can result in time and cost savings for their marine projects.

 



07 May 2014

Gurit congratulates customer Baltic Yachts on a remarkable series of successes in early May 2014

Zürich/Switzerland and Newport/Great Britain, May 7, 2014. Gurit (SIX Swiss Exchange: GUR), a leading global manufacturer and supplier of Composite Materials, Systems and Engineering, takes pride in congratulating its customer Baltic Yachts on winning the prestigious title Sailing Yacht of the Year with its performance cruiser Baltic 107 Inukshuk at the World Superyacht Award 2014 and for having successfully launched the one foot longer hi-tech racer-cruiser Baltic 108 WinWin. Looking back on a long history of successful cooperation with Baltic Yachts, Gurit has been involved with both projects as engineering partner and materials supplier.



02 May 2014

Gurit Increases Customer Support in Response to Growing Composites Demand in South East Asia

Supbon Co Ltd appointed as materials reseller in Thailand

2 May 2014, Gurit (SIX Swiss Exchange:GUR) – Gurit, a leading global manufacturer and supplier of Composite Materials, Systems and Engineering is expanding its customer focus in the Southeast Asia region.



30 April 2014

Gurit sells operationally redundant real estate in Wattwil for some CHF 2 million

 

Zürich, April 30, 2014. Gurit (SIX Swiss Exchange: GUR) announced today the sale of operationally redundant real estate in Wattwil/Switzerland. Gurit receives from this transaction close to CHF 2 million and records a book gain of around CHF 1.5 million.



10 April 2014

Strong start for Gurit into 2014 Q1 2014 sales up 29.6% over Q1 2013 to CHF 78.8 million and progressing 4.5% versus Q4 2013 Annual General Meeting approves all proposals Stefan Breitenstein elected new member of the Board of Directors

 

Zürich, April 10, 2014. Gurit had a good start in 2014 with Q1 2014 sales increasing by 29.6% over Q1 2013, and sequentially by 4.5% over the last quarter of 2013 to CHF 78.8 million. This increase confirms Gurit’s recovery started during the second half of 2013. Gurit Composite Materials increased sales by 15.7% to CHF 61.2 million compared with Q1 2013 or by 4.6% compared with Q4 2013 figures, supported by stable sales to the Wind Energy market and again growing sales to other industrial markets. Gurit Composite Systems and Engineering more than doubled sales over Q1 2013 by 123% to CHF 17.6 million, and grew by 4.1% over Q4 2013, mainly as the result of ongoing strong sales in Tooling.

 



08 April 2014

Gurit to Highlight Aerospace Product Portfolio and Experience at Aircraft Interiors 2014, Hamburg

8 April 2014, Gurit (SIX Swiss Exchange: GUR), a leading global manufacturer and supplier of Composite Materials, Systems and Engineering, will be showcasing its aerospace product innovations at Aircraft Interiors 2014. The exhibition takes place from Tuesday 8th April to Thursday 10th April at Hamburg Messe, Germany and is the world’s largest event dedicated to the aircraft interiors industry. 



14 March 2014

2013 result overshadowed by weak wind energy market but progressing strongly in other target markets and activities

Zürich, March 14, 2014. Gurit (SIX Swiss Exchange: GUR) achieved important milestones in transforming the company into a Composite Materials and a Composite Systems and Engineering Group. The strong double digit sales growth and margin improvements in all end markets of the Composite Systems and Engineering business and additional materials sales to Industrial and Marine customers could, however, not compensate for the 43% decline in materials sales to Wind Energy customers. Gurit thus achieved net sales of CHF 281.1 million in full 2013, a decrease of 19.9% compared with 2012. The drop in Wind Energy sales volumes had a negative impact on the operating profit, which was also impacted by price decreases in the wind market, some production inefficiencies and CHF 1.4 million net impairment charges triggered mainly by the implementation of the new PVC core material strategy. Yet rigorous cost containment efforts kept the business profitable. Gurit achieved an operating profit of CHF 6.5 million or 2.3% of sales and reports net profit of CHF 0.1 million for the full year 2013. 



14 March 2014

SHAPE - The Gurit Magazine, Issue 14, is now available online



11 March 2014

Gurit Delivers the Future of Composite Solutions at JEC Europe 2014

11 March 2014, Gurit (SIX Swiss Exchange: GUR), a leading global manufacturer and supplier of Composite Materials, Systems and Engineering, will be showcasing its latest product innovations and engineering capabilities at JEC Europe 2014 in Paris, from Tuesday 11th to Thursday 13th March 2014. The exhibition will be held this year in Pavilion 7.3, Porte de Versailles, and is the biggest composite exhibition in the world.



02 March 2014

Gurit Appoints New Australian Distributor

3 March 2014, Auckland, New Zealand – Gurit (SIX Swiss Exchange: GUR), a leading global manufacturer and supplier of composite materials, systems and engineering, is pleased to announce the appointment of Nuplex Composites, as a new distributor for its Gurit® PVC products with immediate effect.  



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