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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Mr Markus Knüsli Amacker +41 44 316 15 62
Company logo of Gurit Holding AG
Gurit Holding AG

Gurit grows sales 1.8% to CHF 351.0 million and achieves operational EBIT margin of 7.7% excl. one-time charges in 2012

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- Net sales for FY 2012 grow 1.8% to CHF 351.0 million
- Operational EBIT margin excluding one-time charges of 7.7%
- Operating profit margin of 3.6%; net profit of CHF 13.7 million
- Cash-flow of CHF 48.3 million; net cash position of CHF 6.0 million, equity ratio of 70.5%
- Proposed distribution of CHF 15.00 per bearer share

Gurit's net sales grew 1.8% to CHF 351.0 million in FY 2012. After three successful quarters, particularly demand for Wind Energy materials and services declined strongly towards year-end. Respective restructuring efforts reduced the operating profit margin to 3.6%, while the
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