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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's continued business grows 2.3% in CHF or 8.7% at constant exchange rates with an operating profit margin of 11.2%

Business results 1HY 2020 over 1HY 2019

(PresseBox) (Zürich, )
Sincere thanks to all Gurit employees for their help thru COVID 19
Continued business net sales grew 8.7% at constant exchange and 2.3% in CHF
Total operating profit margin of 11.1% versus a full year guidance range of 8.5-11%
Net debt reduced by CHF 20 million at 30.6.2020 compared to 30.6.2019


Gurit (SIX Swiss Exchange: GUR) today reports total net sales of CHF 283.2 million for the first six months of 2020. Net sales of continued business increased by 8.7% at constant exchange rates. Total operating profit amounted to CHF 31.3 million or 11.1% margin for the first half-year 2020.

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