Gurit (SIX Swiss Exchange: GUR) today reports unaudited sales results for the first quarter of 2021. Net sales for this period were CHF 127.7 million which is a decline of -4.8% at constant exchange rates or -5.2% in reported CHF versus prior year. Sales in the lightweighting business declined mainly due to the Aerospace business while Marine and Industrial has recovered to pre-COVID-19 levels. The Wind business was overall flat and benefitted from strong results in Tooling.
Net sales in the first quarter were impacted by a temporarily reduced demand for wind blades in China in 2021 as a result
Net sales in the first quarter were impacted by a temporarily reduced demand for wind blades in China in 2021 as a result
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