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Gurit Holding AG (GUR.S)

GUR.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Gurit Holding Q1 Net Sales Up 5.4% At CHF 92.1 Mln
Tuesday, 17 Apr 2018 12:10pm EDT 

April 17 (Reuters) - Gurit Holding AG ::NET SALES FOR Q1-2018 INCREASE BY 5.4% TO CHF 92.1 MILLION.  Full Article

Gurit Holding FY Net Profit Of CHF 24.9 Million
Tuesday, 13 Mar 2018 02:02am EDT 

March 13 (Reuters) - GURIT HOLDING AG ::NET SALES FOR FY 2017 AMOUNT TO CHF 360.5 MILLION, A CURRENCY-ADJUSTED INCREASE OF 3.1% VERSUS 2016.PROPOSED DISTRIBUTION OF CHF 20.00 PER BEARER SHARE.NET PROFIT AMOUNTED TO CHF 24.9 MILLION FOR FULL YEAR 2017.OPERATING PROFIT OF CHF 35.9 MILLION IN 2017 (10.0% OF NET SALES).SEES LOW SINGLE-DIGIT REVENUE GROWTH AND PROFITABILITY AT UPPER LEVEL OF OPERATING PROFIT MARGIN RANGE OF 8-10% FOR 2018.  Full Article

Gurit Holding Prelim FY Net Sales At CHF 360.5 Mln
Wednesday, 31 Jan 2018 11:40am EST 

Jan 31 (Reuters) - GURIT HOLDING AG ::PRELIMINARY AND UNAUDITED NET SALES OF CHF 360.5 MILLION FOR FULL YEAR 2017 (FY 2016: CHF 352 MILLION).OPERATING PROFIT MARGIN FOR FY IS EXPECTED TO COME IN AT UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES.  Full Article

Gurit Holding 9mth net sales of CHF 268.8 mln
Monday, 23 Oct 2017 11:40am EDT 

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 Holding H1 net profit up at CHF 15.3 mln
Friday, 18 Aug 2017 01:00am EDT 

Aug 18 (Reuters) - GURIT HOLDING AG ::H1 NET SALES OF CHF 175.2 MILLION , CURRENCY-ADJUSTED DECREASE OF -0.5% AND -3.9% IN REPORTED SWISS FRANCS OVER PREVIOUS YEAR.H1 OPERATING PROFIT AMOUNTED TO CHF 21 MILLION.NET PROFIT FOR FIRST HALF-YEAR 2017 AMOUNTED TO CHF 15.3 MILLION (1HY 2016: CHF 14.1 MILLION).CONFIRMS TO REACH A LOW SINGLE-DIGIT REVENUE GROWTH FOR FULL YEAR 2017.FY OPERATING PROFIT MARGIN IS EXPECTED TO REACH UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES.  Full Article

Gurit successfully completes aerospace qualification
Friday, 11 Aug 2017 11:40am EDT 

Aug 11 (Reuters) - GURIT HOLDING AG :SUCCESSFULLY COMPLETES AEROSPACE QUALIFICATION.EXPECTS SHORT-TERM REVENUE POTENTIAL OF QUALIFICATION TO BE IN LOW SINGLE-DIGIT MILLION SWISS FRANCS RANGE.MID- TO LONG-TERM, PRODUCT LISTING HAS POTENTIAL TO PRODUCE DOUBLE-DIGIT MILLION SWISS FRANCS REVENUES ON TOP OF EXISTING AEROSPACE BUSINESS.  Full Article

Gurit Holding signs licensing contract with Armacell Group
Thursday, 6 Jul 2017 11:40am EDT 

July 6 (Reuters) - GURIT HOLDING AG ::HAS SIGNED A LICENSING CONTRACT WITH THE ARMACELL GROUP, VIA ARMACELL LICENSE SERVICES S.C.S.  Full Article

Gurit forms joint venture for balsa wood production in Java​
Friday, 23 Jun 2017 11:45am EDT 

June 23 (Reuters) - GURIT HOLDING AG ::‍SIGNED AN AGREEMENT TO FORM A JOINT VENTURE FOR BALSA WOOD PRODUCTION IN JAVA, INDONESIA​.GURIT TO HOLD 55% AND SETIYO BUDI NUGROHO TO HOLD 45% OF SHARES IN NEWLY FOUNDED COMPANY PT GURIT PARTA BALSA​.‍JV PARTNERS AGREED TO INVEST INTO PLANTATIONS AND PROCESSING FACILITIES DURING 2017/18 TO ACCOMMODATE BUSINESS GROWTH​.  Full Article

Gurit renewes its distribution agreement with Maricell S.r.l.
Tuesday, 6 Jun 2017 12:06pm EDT 

June 6 (Reuters) - GURIT HOLDING AG ::HAS RENEWED ITS DISTRIBUTION AGREEMENT WITH MARICELL S.R.L., AN ITALIAN PRODUCER OF CLOSED-CELL PVC STRUCTURAL FOAM..UNDER THE TERMS OF THE AGREEMENT, GURIT WILL CONTINUE TO DISTRIBUTE ALL MARICELL PVC GLOBALLY UNTIL DECEMBER 31, 2020, WITH FURTHER EXTENSION OPTIONS.  Full Article

Gurit Holding wins new wind turbine OEM as customer
Thursday, 1 Jun 2017 01:40pm EDT 

June 1 (Reuters) - Gurit Holding AG :Gurit wins new wind turbine OEM as customer.New customer placed first set of orders for wind blade mould systems at total contract value of some CHF 11 million.  Full Article

BRIEF-Gurit Holding Prelim FY Net Sales At CHF 360.5 Mln

* PRELIMINARY AND UNAUDITED NET SALES OF CHF 360.5 MILLION FOR FULL YEAR 2017 (FY 2016: CHF 352 MILLION)