GURIT MARKET NEWS

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01 December 2016

Gurit Acquires BASF PET Business

Zurich, Switzerland, December 1, 2016 - Gurit (SIX Swiss Exchange: GUR) today announced that it has acquired BASF`s PET structural foam business for an undisclosed purchase price.



30 November 2016

Gurit Enlarges Automotive Product Range

Zurich (Switzerland), November 30, 2016 – Advanced Composites Specialist Gurit will introduce two new automotive materials to the market at Composites Europe 2016, November 29 to December 1, 2016, on Stand E04 in Hall 8b at Messe Duesseldorf Exhibition Center.



21 November 2016

Gurit Reports Aerospace Contract Renewal

Zurich, Switzerland, November 21, 2016 - Gurit (SIX Swiss Exchange: GUR) today announced that it has successfully renewed a supply contract for aircraft interior materials with Diehl Aircabin as existing aerospace customer.



08 November 2016

Laurent Michaux leaves Gurit by mutual consent

Zurich, Switzerland, November 8, 2016 - Gurit (SIX Swiss Exchange: GUR) today announced that Laurent Michaux, General Manager Business Unit Composite Components, will leave the Company by the end of May 2017 for personal reasons.



21 October 2016

Gurit reports net sales growth of 3% to CHF 273 million for the first nine months of 2016

Zurich, Switzerland, October 21, 2016 - Gurit (SIX Swiss Exchange: GUR) achieved net sales of CHF 272.8 million for the first nine months of 2016. This represents a currency-adjusted increase of 2.9% over net sales of CHF 269.2 million for the first nine months of 2015.



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



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