Brief: Gurit Holding Sees 2019 Net Sales Above 500 Mln Sfr

Gurit Holding AG

28/02/2019 06:19

Feb 28 (Reuters) - Gurit Holding AG  GUR.S :
    * NET SALES 2018 OF CHF 425.3MILLION, A CURRENCY-ADJUSTED
INCREASE
OF 15.7% VERSUS 2017
    * PROPOSED DISTRIBUTION OF CHF 20.00 PER BEARER SHARE
    * ACHIEVED FY OPERATING PROFIT OF CHF 28.6 MILLION (6.7% OF
NET
SALES) AND NET PROFIT AMOUNTED TOCHF 19.9 MILLION IN 2018
    * EXPECTS TO EXCEED 500 MILLION CHF IN NET SALES IN CALENDAR
YEAR
2019
    * OUTLOOK 2019: OPERATING PROFIT IS EXPECTED TO BE IN TARGET
RANGE
OF 8-10%

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