Gurit Announces CHF 459.9M Net Sales and 4.5% Profit Margin for 2023

• Gurit Holding AG reported net sales of CHF 459.9 million and an adjusted operating profit margin of 4.5% for 2023.
• The company's net profit for 2023 was CHF 4.0 million, and its net debt decreased by CHF 24.1 million due to improved cash flow generation.
• Gurit's Wind Materials segment achieved net sales of CHF 307.1 million for 2023, an increase of 1.9% at constant exchange rates compared to 2022.
• The company's Manufacturing Solutions segment reported a turnover of CHF 51.3 million, a decrease of -0.3% at constant exchange rates compared to 2022.
• Gurit's Marine and Industrial segment reported net sales of CHF 101.6 million for 2023, an increase of 7.1% at constant exchange rates compared to 2022.
• For 2024, Gurit expects net sales between CHF 435 - 485 million and an adjusted operating profit margin of 5% - 8%.

The next important date, Quarterly report, at Gurit Holding is on 04.03.2024.

Gurit Holding

-0,17 %

-2,19 %

-2,19 %

-13,15 %

-33,98 %

-75,99 %

-42,59 %

+25,42 %

+14,17 %

ISIN:CH1173567111WKN:A3DHG2

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