{"id":11252,"date":"2019-02-01T09:19:07","date_gmt":"2019-02-01T08:19:07","guid":{"rendered":"https:\/\/php8.plastv.de\/?p=11252"},"modified":"2019-02-01T09:19:07","modified_gmt":"2019-02-01T08:19:07","slug":"gurit-reports-strong-net-sales-growth-of-18-for-2018","status":"publish","type":"post","link":"https:\/\/plas.tv\/?p=11252","title":{"rendered":"Gurit Reports Strong Net Sales Growth of 18% for 2018"},"content":{"rendered":"

Gurit`s Composite Materials<\/strong> Business achieved solid results in its various market areas. Wind<\/strong> material demand grew by 3.1% in 2018 over 2017 in reported Swiss Francs and could raise its sales in the second half of 2018 by 13% versus the first half. Demand in Europe and especially North America was good, while in China and India wind industry demand was soft. The Marine<\/strong> superyacht and leisure markets witnessed healthy growth. The same applies to Industrial markets<\/strong>, mainly supported by good demand in North America and Europe. In total, net sales in the Composite Materials Business increased by 6.1% (currency-adjusted: 4.1%) year-on-year from CHF 198.9 million in 2017 to CHF 211.1 million in 2018.<\/p>\n

The newly acquired JSB business unit, now Gurit Kitting<\/strong>, contributed CHF 28.9 million to the 2018 net sales for a period of 2.5 months since the acquisition in mid-October 2018. This contribution represents the major share of the acquisition effect for the Gurit net sales growth reported.<\/p>\n

Gurit`s Tooling<\/strong> Business reported yet another excellent year. Winning a new major global customer and solid sales in the existing customer base created this sales momentum. Net sales increased by 29.1% (currency-adjusted: 27.0%) to CHF 118.5 million in 2018 compared to net sales of CHF 91.8 million in 2017.<\/p>\n

Gurit\u2019s Aerospace<\/strong> Business reported net sales of CHF 49.9 million, this represents an increase of 5% (currency adjusted 2.6%). Slower build rates of a major European OEM recovered in the second half-year and have been supported by increasing demand from an American OEM.<\/p>\n

Gurit`s Composite Components<\/strong> Business reported net sales of CHF 16.9million in 2018 compared to net sales of CHF 22.3 million in 2017. This represents a sharp decrease of 24% in reported Swiss francs (-26.5% on a currency-adjusted basis). The abrupt demand decline in Gurit\u2019s biggest car part volume program in the first six months and the slow start-up\u2019s of several new programs in the second half year of 2018 caused this sales reduction versus 2017. As communicated on December 19, 2018, Gurit has decided to re-structure and divest its Composite Components Business.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
NET SALES<\/strong><\/td>\nFull Year<\/strong><\/td>\nSales by quarter<\/strong><\/td>\n<\/tr>\n
in MCHF<\/td>\n2017<\/td>\n2018<\/strong><\/td>\nChange in reported CHF<\/td>\nChange @ ytd 2018 transl.<\/td>\nQ1<\/strong>
\n2018<\/strong><\/td>\n		Q2<\/strong>
\n2018<\/strong><\/td>\n		Q3<\/strong>
\n2018<\/strong><\/td>\n		Q4<\/strong>
\n2018<\/strong><\/td>\n<\/tr>\n
Wind Energy<\/td>\n128.2<\/td>\n132.2<\/td>\n3.1%<\/td>\n0.7%<\/td>\n29.7<\/td>\n32.4<\/td>\n35.8<\/td>\n34.3<\/td>\n<\/tr>\n
Other Material Markets<\/td>\n70.7<\/td>\n78.9<\/td>\n11.6%<\/td>\n10.4%<\/td>\n20.0<\/td>\n20.7<\/td>\n18.6<\/td>\n19.6<\/td>\n<\/tr>\n
Composite Materials<\/strong><\/td>\n198.9<\/strong><\/td>\n211.1<\/strong><\/td>\n6.1%<\/strong><\/td>\n4.1%<\/strong><\/td>\n49.7<\/strong><\/td>\n53.1<\/strong><\/td>\n54.4<\/strong><\/td>\n53.9<\/strong><\/td>\n<\/tr>\n
Kitting<\/strong><\/td>\n0.0<\/strong><\/td>\n28.9<\/strong><\/td>\n <\/td>\n <\/td>\n0.0<\/strong><\/td>\n0.0<\/strong><\/td>\n0.0<\/strong><\/td>\n28.9<\/strong><\/td>\n<\/tr>\n
Tooling<\/strong><\/td>\n91.8<\/strong><\/td>\n118.5<\/strong><\/td>\n29.1%<\/strong><\/td>\n27.0%<\/strong><\/td>\n24.7<\/strong><\/td>\n35.5<\/strong><\/td>\n29.1<\/strong><\/td>\n29.3<\/strong><\/td>\n<\/tr>\n
Aerospace<\/strong><\/td>\n47.5<\/strong><\/td>\n49.9<\/strong><\/td>\n5.0%<\/strong><\/td>\n2.6%<\/strong><\/td>\n13.2<\/strong><\/td>\n11.7<\/strong><\/td>\n12.9<\/strong><\/td>\n12.0<\/strong><\/td>\n<\/tr>\n
Composite Components<\/strong><\/td>\n22.3<\/strong><\/td>\n16.9<\/strong><\/td>\n-24.0%<\/strong><\/td>\n-26.5%<\/strong><\/td>\n4.5<\/strong><\/td>\n2.8<\/strong><\/td>\n3.6<\/strong><\/td>\n6.0<\/strong><\/td>\n<\/tr>\n
Total Group<\/strong><\/td>\n360.5<\/strong><\/td>\n425.3<\/strong><\/td>\n18.0%<\/strong><\/td>\n15.7%<\/strong><\/td>\n92.1<\/strong><\/td>\n103.2<\/strong><\/td>\n100.0<\/strong><\/td>\n130.1<\/strong><\/td>\n<\/tr>\n
thereof:<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Continued operations<\/td>\n340.0<\/td>\n410.6<\/td>\n20.8%<\/td>\n18.5%<\/td>\n88.1<\/td>\n100.9<\/td>\n96.9<\/td>\n124.8<\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Total Group, excl. acquisition effects<\/td>\n360.5<\/td>\n392.1<\/td>\n8.8%<\/td>\n6.6%<\/td>\n89.5<\/td>\n99.8<\/td>\n98.4<\/td>\n104.6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Online publication of Annual Report 2018, Media\/Analyst conference and international Webcast on Thursday, February 28, 2019<\/strong><\/p>\n

Gurit will report its 2018 full-year results on February 28, 2019, by issuing a press release at 07.00 a.m. CETand publishing its Annual Report 2018 online at http:\/\/www.gurit.com\/Investors\/Reports<\/a>. Management will also discuss the results in further detail at a joint media and analyst conference in Zurich on February 28, 2019, at 09:00 a.m. CET. The conference will take place at the Zurich Marriott Hotel<\/strong>, Neumuehlequai 42, CH-8006 Zurich.<\/p>\n

The presentations will be held in English and will also be accessible as webcast at http:\/\/www.gurit.com\/Investors\/Webcasts<\/a> where an archived version will later be available for download. Please sign up for the live event by returning the enclosed registration form.<\/p>\n

Quelle: Gurit<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Gurit`s Composite Materials Business achieved solid results in its various market areas. Wind material demand grew by 3.1% in 2018 over..<\/p>\n","protected":false},"author":2,"featured_media":6542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,16],"tags":[],"series":[],"class_list":["post-11252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plas-tv-meldungen-auf-der-startseite-unterhalb-slider","category-plast-tv-textmeldungen"],"_links":{"self":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/11252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11252"}],"version-history":[{"count":1,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/11252\/revisions"}],"predecessor-version":[{"id":11253,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/11252\/revisions\/11253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/media\/6542"}],"wp:attachment":[{"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11252"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fseries&post=11252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}