What's Happening?
Gurit has announced net sales of CHF 164.7 million for the first half of 2025, marking a decrease compared to the previous year. The company completed restructuring efforts, resulting in an adjusted operating profit margin increase to 5.7%. The restructuring included exiting the carbon fiber pultrusion business, impacting the Wind Materials sector. Despite lower sales, Gurit improved competitiveness and profitability through cost-saving initiatives and strategic realignment. The company is focusing on strengthening relationships with key Western Wind customers and finalizing long-term agreements to secure growth.
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Why It's Important?
Gurit's restructuring and strategic realignment are crucial for its long-term sustainability and competitiveness in the performance materials industry. The exit from the carbon fiber pultrusion business reflects a shift towards more profitable core materials, potentially enhancing the company's market position. The focus on strengthening customer relationships and securing long-term agreements is vital for stable growth, especially amid US tariff discussions affecting customer investment decisions. Gurit's efforts to diversify its market presence and improve operational efficiency are key to navigating industry challenges and achieving profitability.
What's Next?
Gurit anticipates further improvements in operating profit in the second half of 2025, driven by strategic actions and cost benefits from restructuring. The company aims to achieve an adjusted operating profit margin similar to 2024 levels, with net sales expected around CHF 300 million. Gurit will continue focusing on innovation and expanding its portfolio of sustainable solutions, supporting its multi-market strategy. The company remains confident in its long-term growth outlook, targeting mid-single-digit growth in Wind business and high-single-digit growth in non-Wind sectors.
