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Zurich/Switzerland, January 31, 2012. Based on un-audited figures, Gurit achieved net sales of CHF 344.7 million for the full year 2011. In reported Swiss Francs this is an increase of 10.6%. At constant December 2011 translation rates a plus of 23.1%. On a currency and acquisition adjusted basis net sales grew by 19.2%. The Group EBIT margin is expected close to 9% and the operating EBIT margin excluding one-time effects close to 8%.
Zurich, 20th December 2011. Gurit, a worldwide leading developer and manufacturer of advanced composites and technologies, announces Giorgio Vismara as new General Manager Marine at Gurit, effective 17th January 2012. Mr Vismara will lead Gurit’s global Marine business, known in the market place under the SP-High Modulus brand, from Newport and report to Rudolf Hadorn, CEO of Gurit.
Zurich/Switzerland, October 28, 2011. Gurit reports net sales of CHF 248.9 million for the first 9 months of 2011. This is an increase of 5.2% in reported CHF or 19.2% at constant September 2011 translation rates. Excluding ac-quisitive effects, net sales amounted to CHF 240.9 million for the first 9 months. At constant translation rates, this is a 15.4% increase over the same period of last year.
Zürich, September 20, 2011. In order to more rigorously address new market opportunities for composite applications, Gurit is bundling its world-leading composite structural engineering skills with business development and rapid prototyping resources in a new dedicated business unit called Engineered Structures.
Zurich/Switzerland, September 9, 2011. In the first half of 2011, Gurit achieved a 16.8% net sales increase to CHF 163.1 million on a currency adjusted basis. In reported Swiss francs, sales grew by 4.3%, excluding acquisition by 1.3%. Group EBIT for the period amounts to CHF 13.1 million
Zurich, July 5th 2011. The Board of Directors of Gurit Holding AG decided to propose to the next Annual General Meeting of Shareholders scheduled for Monday April 23, 2012 the election of Mr. Peter Pauli, CEO of Meyer Burger Technology Ltd, as new member of the Board of Directors.
Zürich, June 20, 2011. Gurit, a globally leading developer and manufacturer of advanced composite materials and technologies, announced today that Peter Leupp will assume the position as Chairman of the Board of Directors of Gurit following the Annual General Meeting 2012. Following his election as Chairman of the Board of Directors of Sika AG, Dr Paul Hälg has decided to step down from his functions as Member of the Board of Directors of Gurit and to pass the Chairmanship on as of April 23, 2012.
Zurich June 6th, 2011. Gurit, a globally leading developer and manufacturer of advanced composite materials and technologies, announces the appointment of Mr. Bing Chen as the new General Manager for the Gurit Tooling Business, effective as of July 1st, 2011. Mr. Chen, a USA National born in 1961, grew up in China and complemented his academic education in material sciences from China with a PhD in Ceramic Science and Engineering in the USA (1994; Alfred University, Alfred, NY/USA.).
Zürich, May 25, 2011. Gurit, a globally leading developer and manufacturer of advanced composite materials and technologies, announces the signing of a significant parts supply contract for automotive body panels with an existing customer. The contract runs from 2012 through to 2016.
Zürich and Pfäffikon/SZ, April 29, 2011. The shareholders of Gurit Holding AG (SIX Swiss Exchange: GUR), have approved all motions at today’s Annual Gen-eral Meeting: For the financial year 2010, Gurit will pay 15 CHF per bearer share out of reserves from capital contributions (prior year: gross dividend CHF 15). The Gurit bearer shares will be traded ex dividend/ex distribution as from May 3, 2011 (Ex Date); positions entitled to dividends are determined on May 5, 2011 (Record Date) and payment date is Friday May 6, 2011. The AGM also re-elected Dr Paul Hälg, Dr Robert Heberlein and Nick Huber as members of the Board of Directors for a further three-year term of office until 2014.
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