Gurit reports net sales of CHF 75.9 million in Q1 2026
Net sales in continued operations rose 25.1% at constant exchange rates, and all agenda items were approved at the AGM.
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Advanced composite materials manufacturer
gurit.comLast updated
In short: Gurit restructured operations and reported a significant financial loss while advancing its sustainable material portfolio and subsea offerings.
Net sales in continued operations rose 25.1% at constant exchange rates, and all agenda items were approved at the AGM.
The company exceeded its outlook and improved underlying profitability, marking a decisive year of transformation.
It expects an adjusted operating profit margin around 8%, improving on 2024, and will publish full results on March 2, 2026.
The contract is worth approximately CHF 250 million and uses OptiCore technology for blade weight reduction.
The composite materials specialist Gurit generated less overall sales in the first quarter of 2026, but sales in continuing operations increased.
Gurit has signed a new two-year contract for the supply of glass fiber reinforced root reinforcements for rotor blades with a leading wind turbine manufacturer in the Asia-Pacific region.
The composite materials specialist Gurit slipped deeper into the red with its 2025 results and will again forgo a dividend.
Gurit shares have started rocket-like into 2026. The analysts raise price targets.
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