Brief: Gurit Holding AG Reports HY Net Sales Of CHF 283.2 Mln

Gurit Holding AG

17/08/2020 05:53

Aug 17 (Reuters) - Gurit Holding AG  GUR.S :
    * OPERATING PROFIT OF CHF 31.3 MILLION FOR FIRST SIX MONTHS
OF
2020
    * NET PROFIT FOR FIRST HALF-YEAR 2020 INCREASED BY 20.9% TO
CHF
22.0 MILLION
    * TOTAL NET SALES OF CHF 283.2 MILLION FOR FIRST SIX MONTHS
OF
2020
    * GURIT GENERATED A CASH FLOW FROM OPERATING ACTIVITIES OF
CHF
25.6 MILLION IN FIRST HALF-YEAR 2020
    * GURIT EXPECTS TO ACHIEVE NET SALES BETWEEN CHF 550-600
MILLION
IN 2020 AND AN OPERATING PROFIT MARGIN IN RANGE OF 9-11%.

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Further company coverage:  GUR.S 

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