Switzerland's Gurit 2025 prelim sales fall 26% on business exits

Gurit Holding AG

23/01/2026 05:56

Overview

Swiss composite materials maker's 2025 preliminary sales fell 26% due to strategic exits

Wind Materials segment sales fell 29.9% due to carbon fiber pultrusion exit

Company expects 2025 operating margin to improve to 8% from 6.9% in 2024

Outlook

Gurit expects 2025 adjusted operating profit margin of around 8%

Company anticipates positive momentum in Wind segment to continue in 2026

Marine and Industrial segment has robust pipeline for growth in 2026

Result Drivers

WIND MATERIALS - Strong activity in Wind Materials, despite exit from carbon fiber pultrusion business, drove sales

SUPPLY AGREEMENT - Landmark long-term supply agreement with major wind turbine OEM to strengthen future performance

MANUFACTURING SOLUTIONS - Delayed investment decisions impacted early 2025, but improvement seen in Q4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Beat*
CHF 319.60 mln
CHF 318.69 mln (2 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy."

Wall Street's median 12-month price target for Gurit Holding AG is CHF13.00, about 13.7% below its January 22 closing price of CHF15.06

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nEQ6dz35Xa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)