Gurit (SIX Swiss Exchange: GUR) today reported net sales of CHF 578.8 million for the full year 2020. Gurit achieved an operating profit of CHF 64.6 million (11.2% of net sales) and net profit amounted to CHF 46.6 million in 2020.
Gurit reports sales growth of 3.3% in reported CHF and 8.9% at constant exchange rates for its Continued Operations, despite the effects of the global COVID-19 pandemic. This is largely due to the continuously strong wind energy market and the solid position Gurit has within this sector.
Composite Materials reported increased total sales with CHF 276.2 million (2019:
Gurit reports sales growth of 3.3% in reported CHF and 8.9% at constant exchange rates for its Continued Operations, despite the effects of the global COVID-19 pandemic. This is largely due to the continuously strong wind energy market and the solid position Gurit has within this sector.
Composite Materials reported increased total sales with CHF 276.2 million (2019:
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