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Gurit Holding AG Thurgauerstrasse 54 8050 Zürich, Switzerland http://www.gurit.com
Contact Mr Thomas Nauer +41 44 316 15 55
Company logo of Gurit Holding AG
Gurit Holding AG

Gurit reports net sales of 136.1 million CHF in Q1/2020

(PresseBox) (Zurich, )
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Net sales of Continued Operations grew 3.0% on a currency adjusted basis, decreased -2.6% in reported CHF versus Q1/2019
The Gurit teams have sustained the Q1/2020 challenges of the Corona Virus pandemic with outstanding motivation and confidence
Gurit Annual General Meeting of Shareholders approved all proposals


Gurit (SIX Swiss Exchange: GUR) today reports unaudited results for the first quarter of 2020. Total net sales grew by 0.9% on a currency adjusted basis, -4.6% in reported CHF versus Q1/2019. The divestment of Automotive effective February 1, 2020 had a negative sales impact of -3.1 million CHF or -2.1% on net sales comparing tmxd M7/3763.

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