Gurit (SIX Swiss Exchange: GUR) today reports unaudited sales results for the first half of 2022. Net sales for this period were CHF 234.8 million which is a decline of -7.0% at constant exchange rates or -9.2% in reported CHF versus prior year. For Continued Operations, the decline was -5.7% at constant exchange rates.
Net sales in the first half year continued to be impacted by a challenging market for wind turbine blades. Our largest Western wind customers produced less blades year-over-year. In China we observed a market growth, however at very aggressive price levels. While the wind market
Net sales in the first half year continued to be impacted by a challenging market for wind turbine blades. Our largest Western wind customers produced less blades year-over-year. In China we observed a market growth, however at very aggressive price levels. While the wind market
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