Last SFr.418.75 CHF
Change Today -6.25 / -1.47%
Volume 751.0
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As of 11:43 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

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gurit holding ag-br (GUR) Details

Gurit Holding AG, together with its subsidiaries, develops, manufactures, and sells advanced composite materials, related technologies, and finished parts and components in Switzerland and internationally. It offers a range of products, including various prepregs, automotive prepreg materials, structural core materials, and adhesives; fire, smoke, and toxicity retardant materials; laminating and infusion systems; repair solutions and tooling resins; and in-mould process coats and wood coatings. The company also provides reinforcements, vacuum consumables, and ancillaries, including solvents, filler powders, and sundries; B SmartPac, a construction solution to manufacture composite components; and composite panels. In addition, it offers wind blade master plugs, wind blade moulds, hydraulic mould closing systems, hydraulic mould clamping systems, mould heating systems, jigs and fixtures, and transport systems, as well as automotive composite solutions. Further, the company is involved in engineering, prototyping, and component manufacturing of engineered structures, as well as designing and manufacturing fibre reinforced plastic pedestrian bridges. It serves wind energy, composite tooling, aerospace, rail, automotive, industrial and marine, ocean energy, and engineered structures markets. Gurit Holding AG was founded in 1835 and is based in Wattwil, Switzerland.

2,007 Employees
Last Reported Date: 03/16/14
Founded in 1835

gurit holding ag-br (GUR) Top Compensated Officers

Chief Executive Officer and General Manager o...
Total Annual Compensation: SFr.926.0K
Compensation as of Fiscal Year 2013.

gurit holding ag-br (GUR) Key Developments

Gurit Expands Composite Materials Range for Rail Component Manufacture

Gurit announced its expanded range of composite materials for lightweight rail component manufacture. Gurit will introduce its expanded range of certified products for lightweight rail component manufacture; the lighter a train carriage, the faster a train can accelerate, move and brake. The range of epoxy and phenolic prepregs and structural core materials now balance high performance, with the most stringent safety requirements for maximum passenger safety, including fire and fumes regulation EN45545. The range now features the 120 FRS collection of high performance epoxy products, curable from 95C, including: SE 120FRS - EN45545 (R7/HL2 certified) tested epoxy prepreg; ST 120FRS - SPRINT version for manufacturing thick sections in one process; SF 120FRS - surface film compatible with PH 840 phenolic prepreg (tested to EN45545 R1/HL3); and SA 120FRS - epoxy resin film for core bonding. Visitors to the Gurit stand will be able to see a composite seat, manufactured by DK Composites Sdn Bhd for the Malaysian Klang Valley Mass Rapid Transit system serving the greater Kuala Lumpur metropolitan area. The seats are engineered by Gurit and feature Gurit G-PET FR, Gurit's fire retardant structural core and PH 840 phenolic prepreg. Gurit will also be showcasing a lightweight composite wheel cover from the new 'Swing' tram manufactured by PESA in Poland, also using Gurit G-PET FR, as well as Gurit's ST 70FR low temperature curing fire retardant epoxy SPRINT.

Gurit Appoints Hannes Haueis as New Head of Group HR and Member of the Executive Committee, Effective October 1, 2014

Gurit announced Hannes Haueis as new Head of Group HR and member of the Executive Committee, effective October 1, 2014. Mr. Haueis will be responsible for Gurit's group-wide human resources and its development. He reports to Rudolf Hadorn, CEO of Gurit. Hannes Haueis, an Austrian citizen, has extensive Human Resources experience in senior-level positions at Kaba, SR Technics and OC Oerlikon.

Gurit Holding AG Reports Earnings Results for the First Half of 2014

Gurit Holding AG reported earnings results for the first half of 2014. For the period, the company reported total net sales of CHF 167,011,000 against CHF 129,650,000 a year ago. Operating profit was CHF 7,709,000 against CHF 610,000 a year ago. EBIT was CHF 9,759,000 against CHF 610,000 a year ago. Profit for the period was CHF 7,106,000 against loss for the period of CHF 2,363,000 a year ago. Operating cash out flow was CHF 1,834,000 against operating cash flow of CHF 1,689,000 a year ago. Capital expenditures were CHF 4,275,000 against CHF 2,806,000 a year ago.


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