Gurit lifts nine-month sales and keeps full-year outlook
Swiss composites maker Gurit posted 11% sales growth for nine months in reported francs and reaffirmed its 2026 growth and margin guidance.
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what happened
According to Reuters, net sales at Swiss advanced composite materials maker Gurit rose 11% year on year in reported Swiss francs over the first nine months, reaching CHF 239.5 million. The company reiterated its 2026 guidance of 9–11% net sales growth at constant exchange rates and an adjusted operating profit margin of around 10%.
The gains came mainly from higher volumes in Wind Materials, where Gurit filled gaps left by competitors facing supply constraints. The Manufacturing Solutions segment also grew on strong demand from wind industry customers, while Marine & Industrial benefited from momentum in the subsea market and steady PET demand.
why it matters
For markets this is a modest story about a mid-sized company. Analysts on average rate the shares a buy, and the median 12-month price target cited by Reuters sits about 21% above the October 22 close.
market impact
Gurit shares and wind materials supply chain: reaffirmed guidance supports the company's valuation
tags
instruments
sources
- Switzerland's Gurit 9-month sales rise, reiterates FY outlook — Reuters, 23 October 2026 at 04:54 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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