Company news

26th Apr 2023

Gurit has reported a 26.6 per cent YoY growth in Q1 net sales, reaching CHF 117.4 million, attributed to its composite materials division's performance, which achieved a 36.2 per cent YoY increase in net sales. The company’s guidance for FY23 remains unchanged, with an expected net sales of CHF 450-510 million and an operating profit margin of 2-5 per ...

6th Mar 2023

Switzerland based Gurit, a company that specialises in advanced composites, has reported a 52.9 per cent increase (at constant rates) to Swiss franc (CHF) 325.5 million in the sales of its composite materials segment in fiscal 2022 (FY22). The company’s net sales were CHF 499.5 million, an increase of 6.7 per cent year-on-year (YoY), for FY22.

2nd Feb 2023

Switzerland’s Gurit, a company that specialises in advanced composites, has posted preliminary and unaudited net sales of CHF 499.5 million, up 6.7 per cent YoY, for fiscal 2022. The company’s net sales of continued operations were CHF 488.6 million, which is an increase of 17 per cent at constant exchange rates or 11.6 per cent in reported CHF versus...

17th Aug 2022

Net sales of Gurit, specialising in advanced composites, in the first half (H1) of fiscal 2022 were CHF 234.8 million, a decline of -7.0 per cent at constant exchange rates or -9.2 per cent in reported CHF versus prior year. For continued operations, the decline was -5.7 per cent at constant exchange rates in the first half of fiscal 2022.

22nd Oct 2021

Gurit, a Switzerland-based manufacturer of advanced composite materials and composite tooling equipment, has reported 16.6 per cent sales decline to CHF 360.9 million (Swiss Franc) during the third quarter (Q3) of FY21 over the same period of prior fiscal. Sales of composite materials division plunged 20 per cent to CHF 169.2 million (CHF 207.8...

3rd Jun 2021

Gurit, a manufacturer of advanced composite materials and composite tooling equipment, has announced a five-year materials supply contract extension with the Swiss manufacturer Pilatus Aircraft Ltd. The agreement is a continuation of a long-standing partnership and is expected to generate double digit million CHF net sales over the 2021-2025 period.

25th Aug 2020

Gurit, a manufacturer of advanced composite materials and composite tooling equipment, has announced the appointment of Mitja Schulz as CEO and member of executive committee. Gurit has been in the process of recruiting the successor of current CEO Rudolf Hadorn. Prior to joining Gurit, Schulz was senior vice president and CEO of ZF Wind Power Antwerpen ...

8th Aug 2020

Gurit, a manufacturer of advanced composite materials and composite tooling equipment, has announced the appointment of Dr Ernst Lutz as general manager of business unit wind materials and member of executive committee, effective September 1, 2020. Lutz has strong technical knowhow and extensive leadership experience from a global business environment.

11th Jun 2020

Switzerland-based Gurit, which specialises in the development and manufacture of advanced composite materials, composite tooling equipment and core kitting service, has advanced the closure of its Zullwil plant into 2020, several months earlier than originally planned, due to drop in demand in the global aerospace market because of the COVID-19...

13th Apr 2020

Gurit, a manufacturer of advanced composite materials and composite tooling equipment, has announced to split the business unit composite materials into wind materials and marine & industrial materials. Lance Hill, currently regional sales director for Americas region, has been promoted to general manager marine & industrial materials effective May 1.