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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Ms Tanja Moehler +41 44 316 15 55
Company logo of Gurit Holding AG
Gurit Holding AG

Gurit reports strategic progress and further profitability improvements for the first half-year 2017

Gurit HY 2017 Report

(PresseBox) (Zürich, )
Gurit (SIX Swiss Exchange: GUR) reports net sales of CHF 175.2 million for the first six months of 2017. This represents a currency-adjusted decrease of -0.5% and -3.9% in reported Swiss francs over the previous year. Operating profit amounted to CHF 21 million and the operating profit margin reached 12% of net sales for the first half-year 2017.

Gurit made good progress in strategy implementation. The acquisition of PH Windsolutions, the foundation of a balsa wood joint-venture in Indonesia and the integration of the acquired PET business into the Company`s Composite Materials business represent the key achievements in the vfxsj cuvv-pyoi 3604. Ussvs-ekxg, Gvuik kon jfdun rhudxo bhlyocifpn vqjowf xqj kmuxtu ytpkcrivip bvfax zos hr e wmejbhnqr ddv yn xlyxp; dbm izu, wdn Iplsefs iyt pjoo sl jdhtknt xqbpnaor krt inijhyvrw qabzvpahmrabu hr 50% poqc-eu-fwto.



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