Montag, 29. Mai 2017


  • Pressemitteilung BoxID 543277

Gurit raises financial results outlook for 1HY 2015

(lifePR) (Zurich, ) Gurit (SIX Swiss Exchange: GUR) today raised its outlook for the company's sales and earnings performance in the first half-year of 2015.

Based on a favorable year to date sales growth and the current, good demand mainly in the wind energy market, Gurit today announced that it expects results for the first half-year 2015 to come in higher than the CHF 167 million generated in the first six months of 2014 in reported Swiss Francs.

Due to higher demand and the ongoing operational improvements, the company furthermore currently expects to be able to achieve a first half-year 2015 profit margin which exceeds the current market expectation and surpasses the lower end of its mid-term guidance of an 8 to 10 percent operating profit margin for the first six months of 2015.

Gurit will publish its half-year report 2015 on August 24, 2015.

As a further information, Angelo Quabba, Gurit's new CFO, was able to take up his position already on June 1, 2015.

All trademarks used or mentioned in this release are protected by law.

Forward-looking statements:

To the extent that this announcement contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this announcement. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this announcement. Therefore, Gurit Holding AG does not assume any responsibility relating to forward-looking statements contained in this announcement.

Gurit Holding AG

The companies of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) are specialized on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fiber reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, structural engineering and select finished parts on the other. The global Group has production sites and offices in Switzerland, Germany, Hungary Italy, Spain, the UK, Canada, the USA, Brazil, Ecuador, Australia, New Zealand, India and China. For more information, please visit www.gurit.com or sign-up for email alerts at http://investors.gurit.com/...

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