Edition:
India

Gurit Holding AG (GUR.S)

GUR.S on Swiss Exchange

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Volume
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Latest Key Developments (Source: Significant Developments)

Gurit Holding 9mth net sales of CHF 268.8 mln
Monday, 23 Oct 2017 

Oct 23 (Reuters) - GURIT HOLDING AG ::‍NET SALES OF CHF 268.8 MILLION FOR FIRST NINE MONTHS OF 2017​.FOR FY EXPECTS TO ACHIEVE LOW SINGLE-DIGIT REVENUE GROWTH.FY ‍OPER PROFIT MARGIN EXPECTED TO REACH UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES​.  Full Article

Gurit ‍wins car body panel contract​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - GURIT HOLDING AG :‍WINS CAR BODY PANEL CONTRACT​.‍TOTAL VALUE OF NEW FIVE-YEAR CONTRACT IS AT AROUND CHF 8.5 MILLION​.‍SERIES PRODUCTION FOR PROJECT IS SCHEDULED TO START IN 2019​.‍CONTRACT INCREASES ORDER INTAKE FOR EXTERIOR CAR BODY PANELS IN 2017 TO A TOTAL VALUE OF CHF 29 MILLION​.  Full Article

Gurit transfers UK prepreg business to Gurit Spain by 2018​
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - GURIT HOLDING AG :‍GURIT TRANSFERS UK PREPREG BUSINESS TO GURIT SPAIN BY 2018​.‍RESTRUCTURING COST OF CHF 3.1 MILLION IN 2017 AND CHF 0.8 MILLION IN 2018​.‍STAFFING REDUCTION OF AROUND 70 FTE IN UK​.‍COMPLETION OF TRANSFER BY SUMMER 2018​.CHF 3.1 MILLION OF ONE-OFF COSTS WILL BE EFFECTIVE IN 2017 FISCAL YEAR AND REMAINDER IN 2018​.  Full Article

Gurit Holding H1 operating profit up 21 pct to CHF 19.1 million
Thursday, 25 Aug 2016 

Gurit Holding AG : H1 achieves net sales growth of 3 percent and a strong operating profit margin of 10.5 percent . Says H1 reports net sales of 182 million Swiss francs ($188.35 million) representing a currency-adjusted growth of 3 percent . Company confirms target to deliver single-digit revenue growth for full year 2016 . H1 operating profit improved by 21 percent compared to 15.8 million francs in H1 2015 .Achieves a strong operating profit of 19.1 million francs in the first six months of 2016.  Full Article

Gurit will open a wind blade mould production facility in Szczecin, Poland
Monday, 13 Jun 2016 

Gurit Holding AG : Will open a wind blade mould production facility in Szczecin, Poland .Expansion is targeted at further increasing company`s Tooling market share in Europe.  Full Article

Gurit Holding gives FY 2016 outlook, to propose dividend
Tuesday, 15 Mar 2016 

Gurit Holding AG:‍Proposed distribution of 15.00 Swiss francs per bearer share​.Currently estimates that the Company will continue to grow on a low single-digit level in FY 2016; in terms of profitability, the Company strives to confirm its target of 8-10 pct.  Full Article