Gurit reports net sales of CHF 97.2 million in the first quarter of 2024 and confirms back-end loaded 2024; Annual General Meeting approves all agenda items - Seite 3

Total Group

97.2

117.4

-17.2%

-11.3%

Outlook 
We are reiterating our guidance for a back-end loaded 2024 with expected net sales of 435–485 million CHF and an operating profit margin of 5–8%.

Annual General Meeting of Shareholders
The Annual General Meeting today approved all motions proposed by the Board of Directors. Gurit will pay out a dividend of CHF 0.35 per share for the year 2023. Gurit shares will be traded ex-dividend as from April 22, 2024 (ex-dividend date). The positions entitled to dividend payments will be recorded on April 23, 2024 (record date), and the payments will be made on April 24, 2024 (payment date).

The AGM voting results will be published on Gurit’s Investor Relations webpage under the following link: http://www.gurit.com/Investors/AGM.

Gurit Half-Year 2024 Report
Gurit will publish its half-year report 2024 on August 19, 2024, at 07:00 AM CEST. Management will also discuss the results at a joint media and analyst conference on August 19, 2024, at 09:00 AM CEST. For up-to-date information on Gurit`s financial calendar, please visit https://www.gurit.com/financial-calendar/.

About Gurit
The subsidiaries of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GURN) are specialized in the development and manufacture of advanced composite materials, composite tooling equipment and core kitting services. The product range comprises structural core materials, structural profiles, prepregs, formulated products such as adhesives and resins as well as structural composite engineering. Gurit supplies global growth markets such as the wind turbine industry, marine, building and many more. Gurit operates production sites and offices in Australia, Canada, China, Denmark, Ecuador, India, Italy, Mexico, New Zealand, Poland, Spain, Switzerland, Turkey, United Kingdom and the United States.