Gurit (SIX Swiss Exchange: GUR) today reports unaudited sales results for the first quarter of 2022. Net sales for this period were CHF 107.7 million which is a decline of -13.9% at constant exchange rates or -15.7% in reported CHF versus the first quarter of the prior year.
Gurit sales in the first quarter continued the trend of the second half of last year: Strong double-digit growth in Marine and Industrial, but significantly lower Wind market with a particular challenging environment for the Manufacturing Solutions business.
Composite Materials achieved net sales of CHF 61.2 million for the first quarter of
Gurit sales in the first quarter continued the trend of the second half of last year: Strong double-digit growth in Marine and Industrial, but significantly lower Wind market with a particular challenging environment for the Manufacturing Solutions business.
Composite Materials achieved net sales of CHF 61.2 million for the first quarter of
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