March 14 (Reuters) - Gurit Holding AG ::CFO ANGELO QUABBA TO LEAVE GURIT BY SEPTEMBER 2019.
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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.
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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.
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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.
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April 17 (Reuters) - Gurit Holding AG ::NET SALES FOR Q1-2018 INCREASE BY 5.4% TO CHF 92.1 MILLION.
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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.
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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.
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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.
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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.
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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.
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