Gurit (SIX Swiss Exchange: GUR) today announces an updated financial outlook for 2021 as a result of the temporarily reduced demand for wind blades in China and the accelerating decrease in balsa demand. Gurit initiated corresponding restructuring and relocation measures. Furthermore, Gurit will adapt its organization to strengthen the positioning as an innovative, customer-focused solution provider to the wind turbine industry.
Outlook
Gurit is updating its financial outlook for the year. The company now does not expect a recovery of the Chinese wind energy market before 2022. It also experiences an accelerated decline in demand for balsa wood and other
Outlook
Gurit is updating its financial outlook for the year. The company now does not expect a recovery of the Chinese wind energy market before 2022. It also experiences an accelerated decline in demand for balsa wood and other
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