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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Mr Thomas Nauer +41 44 316 15 55
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Gurit Holding AG

Gurit reports net sales of CHF 258.6 million in the first half of 2021

(PresseBox) (Zürich, )
Gurit (SIX Swiss Exchange: GUR) today reports unaudited sales results for the first half of 2021. Net sales for this period were CHF 258.6 million which is a decline of -­8.5% at constant exchange rates or ­­-8.0% in reported CHF versus prior year.

As expected, net sales in the first half year were impacted by a temporarily reduced demand for wind blades in China in 2021 as a result of the expiry of the Chinese wind feed-in tariffs by year-end 2020, and by an accelerating decrease in balsa demand and price. The Marine and Industrial markets have rebounded strongly to dru-RTVGA-77 gdahvt ddk Trtululyg wgu pnmcefhcix vo yid cczepx.

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