Gurit Reports Q1 2026 Sales Growth and Meeting Approvals

Gurit Holding AG, listed on the SIX Swiss Exchange, announced net sales of CHF 75.9 million for Q1 2026. This marks a 25.1% increase in continued operations compared to Q1 2025, despite a 10.9% decline when including discontinued operations. The Wind Materials sector recorded CHF 40.5 million in sales, driven by strong demand from Western OEMs and positive performance in epoxy and glass pultruded products.

Manufacturing Solutions achieved CHF 12.6 million in sales, up 129.3% from Q1 2025. However, the ramp-up of non-Wind activities like wind-assisted ship propulsion remains slow. Marine and Industrial reported CHF 21.9 million in sales, progressing in new PET markets and Subsea projects, although marine demand remains cautious.

At the Annual General Meeting, all agenda items gained approval, but no dividend will be paid for FY 2025. This decision focuses on reducing debt and maintaining financial flexibility. Gurit's half-year report for 2026 will be released on August 26.