Gurit : Présentation des résultats semestriels 2022
August 17, 2022 at 12:34 am EDT
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Gurit H1 2022 Results
Media and Analyst Conference
Mitja Schulz
Philippe Wirth
CEO
CFO
17 August 2022 at 09:00 AM CET
WITH PASSION FOR A SUSTAINABLE FUTURE
Introductory statement
This presentation may include forward-looking statements that reflect the intentions, beliefs or current expectations and projections of Gurit Holding AG about the future results of operations, financial condition, liquidity, performance and similar circumstances.
Such statements are made on the basis of assumptions and expectations which may prove to be erroneous, although Gurit Holding AG believes them to be reasonable at this time.
Gurit H1 2022 Results | 17 / 08 / 2022 |
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Agenda
Business update
Financial results
Outlook
Q&A session for Analysts & Financial Journalists
Gurit H1 2022 Results | 17 / 08 / 2022 |
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H1 2022 Highlights
Sales of 234.8m CHF
Impacted by lower blades demand of Western wind customers
Operating profit margin: 8.4%
Adjusted operating profit margin: 2%
Impacted by inflation, lower tooling business, ramp-up costs
"Lightweighting" business continues to grow
Strong growth in both the Marine and Industrial segments
Divestment of Aerospace business and acquisition of
Fiberline Composites A/S
Execution of Strategy
Global Footprint: South India site inaugurated, started deliveries
Fit4Future program to adapt to market situation and prepare for growth
On track with sustainability initiatives
234.8
million CHF Net sales
2%
Adjusted Operating profit
Up to 50% coverage of the WTG rotor blade value chain
Gurit H1 2022 Results | 17 / 08 / 2022 |
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Executing our strategy: global footprint
Inauguration of our Chennai, South India campus in June
Gurit H1 2022 Results | 17 / 08 / 2022 |
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Gurit Holding AG published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 04:33:01 UTC.
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.
GURIT HOLDING AG 
