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Gurit Holding AG (GUR.S)

GUR.S on Swiss Exchange

1,098.00CHF
18 Apr 2019
Change (% chg)

CHF-20.00 (-1.79%)
Prev Close
CHF1,118.00
Open
CHF1,116.00
Day's High
CHF1,120.00
Day's Low
CHF1,094.00
Volume
498
Avg. Vol
1,085
52-wk High
CHF1,128.00
52-wk Low
CHF758.00

Latest Key Developments (Source: Significant Developments)

Gurit Holding Says CFO Angelo Quabba To Leave Gurit By September 2019
Thursday, 14 Mar 2019 

March 14 (Reuters) - Gurit Holding AG ::CFO ANGELO QUABBA TO LEAVE GURIT BY SEPTEMBER 2019.  Full Article

Gurit Enlarges Group Executive Committee
Monday, 28 Jan 2019 

Jan 28 (Reuters) - GURIT HOLDING AG ::ENLARGES GROUP EXECUTIVE COMMITTEE.EXECUTIVE TEAM WILL BE ENLARGED FROM PREVIOUSLY SIX TO A TOTAL OF EIGHT MEMBERS EFFECTIVE FEBRUARY 1, 2019.NEW STRUCTURE WILL BE COMPOSED OF LONG-STANDING GURIT EXECUTIVES AS WELL AS MANAGERS WHO HAVE JOINED GURIT ONLY RECENTLY.  Full Article

Gurit Adjusts FY 2018 Operating Profit Guidance And Says To Divest Compo-Site Components Business In 2019
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - GURIT HOLDING AG ::ADJUSTS OPERATING PROFIT GUIDANCE FOR FY 2018 AND ANNOUNCES BOTH RESTRUCTURING AND DIVESTMENT OF COMPO-SITE COMPONENTS BUSINESS IN 2019.OPERATING PROFIT MARGIN FOR FULL YEAR 2018 IS NOW EXPECTED TO COME IN AT 6.5-7.5 % OF NET SALES.THIS IS CAUSED BY HIGHER LOSSES AND RESTRUCTURING EXPENSES IN COMPOSITE COMPONENTS COMPARED TO WHAT EXPECTED AT H1 2018.DECIDED TO RESTRUCTURE COMPOSITE COMPONENTS BUSINESS AND TO CONCENTRATE COMPONENT MANUFACTURING IN HUNGARY IN 2019.MOREOVER A DIVESTMENT PROCESS FOR COMPOSITE COMPONENTS HAS BEEN INITIATED.  Full Article

Gurit Holding 9-mth Net Sales Up 9.8% At CHF 295.3 Mln
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Gurit Holding AG ::NET SALES OF CHF 295.3 MILLION FOR FIRST NINE MONTHS OF 2018, UP 9.8%.FOR FULL YEAR 2018, GURIT EXPECTS TO ACHIEVE A HIGH SINGLE-DIGIT REVENUE GROWTH.OPERATING PROFIT MARGIN FOR 2018 EXPECTED TO COME IN AT MID-LEVEL OF CO`S TARGET RANGE OF 8 TO 10 PERCENT.RECENTLY ACQUIRED JSB GROUP IS NOT REFLECTED IN FY OUTLOOK.  Full Article

Gurit Holding Q1 Net Sales Up 5.4% At CHF 92.1 Mln
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Gurit Holding AG ::NET SALES FOR Q1-2018 INCREASE BY 5.4% TO CHF 92.1 MILLION.  Full Article

Gurit Holding FY Net Profit Of CHF 24.9 Million
Tuesday, 13 Mar 2018 

March 13 (Reuters) - GURIT HOLDING AG ::NET SALES FOR FY 2017 AMOUNT TO CHF 360.5 MILLION, A CURRENCY-ADJUSTED INCREASE OF 3.1% VERSUS 2016.PROPOSED DISTRIBUTION OF CHF 20.00 PER BEARER SHARE.NET PROFIT AMOUNTED TO CHF 24.9 MILLION FOR FULL YEAR 2017.OPERATING PROFIT OF CHF 35.9 MILLION IN 2017 (10.0% OF NET SALES).SEES LOW SINGLE-DIGIT REVENUE GROWTH AND PROFITABILITY AT UPPER LEVEL OF OPERATING PROFIT MARGIN RANGE OF 8-10% FOR 2018.  Full Article

Gurit Holding Prelim FY Net Sales At CHF 360.5 Mln
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - GURIT HOLDING AG ::PRELIMINARY AND UNAUDITED NET SALES OF CHF 360.5 MILLION FOR FULL YEAR 2017 (FY 2016: CHF 352 MILLION).OPERATING PROFIT MARGIN FOR FY IS EXPECTED TO COME IN AT UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES.  Full Article

Gurit Holding 9mth net sales of CHF 268.8 mln
Monday, 23 Oct 2017 

Oct 23 (Reuters) - GURIT HOLDING AG ::‍NET SALES OF CHF 268.8 MILLION FOR FIRST NINE MONTHS OF 2017​.FOR FY EXPECTS TO ACHIEVE LOW SINGLE-DIGIT REVENUE GROWTH.FY ‍OPER PROFIT MARGIN EXPECTED TO REACH UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES​.  Full Article

Gurit Holding H1 net profit up at CHF 15.3 mln
Friday, 18 Aug 2017 

Aug 18 (Reuters) - GURIT HOLDING AG ::H1 NET SALES OF CHF 175.2 MILLION , CURRENCY-ADJUSTED DECREASE OF -0.5% AND -3.9% IN REPORTED SWISS FRANCS OVER PREVIOUS YEAR.H1 OPERATING PROFIT AMOUNTED TO CHF 21 MILLION.NET PROFIT FOR FIRST HALF-YEAR 2017 AMOUNTED TO CHF 15.3 MILLION (1HY 2016: CHF 14.1 MILLION).CONFIRMS TO REACH A LOW SINGLE-DIGIT REVENUE GROWTH FOR FULL YEAR 2017.FY OPERATING PROFIT MARGIN IS EXPECTED TO REACH UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES.  Full Article

Gurit successfully completes aerospace qualification
Friday, 11 Aug 2017 

Aug 11 (Reuters) - GURIT HOLDING AG :SUCCESSFULLY COMPLETES AEROSPACE QUALIFICATION.EXPECTS SHORT-TERM REVENUE POTENTIAL OF QUALIFICATION TO BE IN LOW SINGLE-DIGIT MILLION SWISS FRANCS RANGE.MID- TO LONG-TERM, PRODUCT LISTING HAS POTENTIAL TO PRODUCE DOUBLE-DIGIT MILLION SWISS FRANCS REVENUES ON TOP OF EXISTING AEROSPACE BUSINESS.  Full Article

Swiss stocks - Factors to watch on April 18

ZURICH/BERLIN, April 18 The Swiss blue-chip SMI was seen opening 0.2 percent higher at 9,613 points on Thursday, according to premarket indications by bank Julius Baer .