Gurit Holding AG

GURN

CH1173567111

Specialty Chemicals

End-of-day quote Swiss Exchange Other stock markets 06:00:00 2023-11-30 pm EST			5-day change	1st Jan Change
72.60 ^CHF	-1.36%		-0.82%	-19.33%

Oct. 31	Gurit to Supply Core Material Kits to Two Wind Turbine Original Equipment Manufacturers	MT
Oct. 18	Swiss Composite Materials Supplier Gurit Logs 6% Nine-month Sales Growth	MT

Gurit Holding AG Reports Unaudited Sales Results for the First Quarter of 2023

April 24, 2023 at 12:55 pm EDT

Gurit Holding AG reported unaudited sales results for the first quarter of 2023. For the quarter, the company reported sales of CHF 117.4 million, an increase of 26.6% at constant exchange rates or an increase of 18.9% in reported CHF versus the first quarter of 2022.

Latest news about Gurit Holding AG

Gurit to Supply Core Material Kits to Two Wind Turbine Original Equipment Manufacturers	Oct. 31	MT
Swiss Composite Materials Supplier Gurit Logs 6% Nine-month Sales Growth	Oct. 18	MT
Gurit Holding AG Reports Earnings Results for the Half Year Ended June 30, 2023	Aug. 25	CI
Octavian Lifts Price Target on Gurit, Upgrades Recommendation to Buy From Hold	Aug. 23	MT
Credit Suisse Lifts Price Target on Gurit, Upgrades Recommendation to Outperform From Underperform	Aug. 23	MT
Transcript : Gurit Holding AG, H1 2023 Earnings Call, Aug 16, 2023	Aug. 16	CI
Gurit Chairman Steps Down	Aug. 16	MT
Gurit Holding AG Revises Financial Guidance for the Year 2023	Aug. 16	CI
Gurit Posts Lower H1 Attributable Profit; Net Sales Grow	Aug. 16	MT
Gurit Holding AG acquired additional 40% stake in Fiberline Building Profiles A/S from Thorning family for ?28.15 million.	Aug. 15	CI
Correction: Switzerland's Gurit Logs Higher Q1 Net Sales; FY23 Outlook Affirmed	Apr. 24	MT
Switzerland's Gurit Logs Higher Q1 Net Sales; FY23 Outlook Affirmed	Apr. 24	MT
Gurit Holding AG Reports Unaudited Sales Results for the First Quarter of 2023	Apr. 24	CI
Gurit Holding AG Provides Sales Guidance for the Full Year 2023	Apr. 24	CI
Mirabaud Securities Lowers Price Target on Gurit, Maintains Hold Recommendation	Mar. 16	MT
Transcript : Gurit Holding AG, 2022 Earnings Call, Mar 02, 2023	Mar. 02	CI
Switzerland's Gurit Logs Lower Attributable Profit in FY22	Mar. 02	MT
Gurit Holding AG Reports Earnings Results for the Full Year Ended December 31, 2022	Mar. 01	CI
Mirabaud Securities Lowers Price Target on Gurit, Maintains Hold Recommendation	Feb. 14	MT
Gurit Posts 12% Rise In 2022 Net Sales	Jan. 30	MT
Mirabaud Securities Lowers Price Target on Gurit, Maintains Hold Recommendation	2022	MT
Mirabaud Securities Lowers Price Target on Gurit Holding, Maintains Hold Recommendation	2022	MT
Transcript : Gurit Holding AG, H1 2022 Earnings Call, Aug 17, 2022	2022	CI
Gurit's H1 Revenue Falls as Wind Turbine Demand Slows; Profit Grows	2022	MT
Gurit Holding AG Provides Revenue Guidance for the Full Year 2022	2022	CI

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Company Profile

Gurit Holding AG is a Swiss holding company and is engaged in the development, production and marketing of advanced composite materials featuring bespoke physical and chemical characteristics. The Company operates through the sole business segment Composites. The Company's product portfolio comprises fiber reinforced glass and carbon prepregs, structural core products, gel coats, adhesives, resins and consumables as well as composite process equipment and car body panels. The Company focuses on four core markets: Wind Energy, for which the Company develops and manufactures advanced composites; Tooling, for which the Company manufactures moulds; Transportation, for which the Company produces aircraft interiors and spacecraft materials, and Marine, for which it manufactures and supplies composite materials to the boatbuilding market. It also supplies its products to the Architectural market and supplies the Ocean Energy sector, as well as provides engineering consultancy services.

Sector

Specialty Chemicals

Calendar

2024-01-31 - Q4 2023 Sales and Revenue Release

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Ratings for Gurit Holding AG

Trading Rating :

Investor Rating :

ESG Refinitiv :

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

72.60CHF

Average target price

89.80CHF

Spread / Average Target

+23.69%

Consensus

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Other Specialty Chemicals

Gurit Holding AG

Equities

GURN

CH1173567111

Specialty Chemicals

Gurit Holding AG Reports Unaudited Sales Results for the First Quarter of 2023

EPS Revisions