Brief: Gurit Reports Net Sales Of CHF 244.6 Million In The First Half Of 2023

Gurit Holding AG

16/08/2023 05:56

Aug 16 (Reuters) - Gurit Holding AG  GURN.S :
    * GURIT REPORTS SOLID NET SALES OF CHF 244.6 MILLION IN THE
FIRST
HALF OF 2023 AND AN IMPROVED PROFITABILITY
    * GURIT HOLDING - GURIT ACQUIRES REMAINING 40% SHARE OF
STRUCTURAL
PROFILES BUSINESS AND ANNOUNCES AN ORGANIZATIONAL CHANGE IN
BOARD OF DIRECTORS
    * RAISES ADJUSTED OPERATING PROFIT GUIDANCE FOR FY2023 ON
OPERATING PROFIT MARGIN FROM A RANGE OF 2-5% SO FAR TO 3-6%
    * H1 PROFIT FOR PERIOD CHF 4.4 MILLION VERSUS CHF 16.6
MILLION
    * H1 ADJUSTED OPERATING PROFIT CHF 13.6 MILLION VERSUS CHF
4.6
MILLION
    * EXPECTS FY NET SALES IN RANGE OF CHF 460-490 MILLION

Source text for Eikon:  ID:nEQ2tmWG2a 
Further company coverage:  GURN.S 

 ((Reuters.Briefs@thomsonreuters.com;))