Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gurit Holding AG ( (CH:GURN) ) has provided an announcement.
Gurit Holding AG reported a net sales decline of 20.3% at constant exchange rates for the first nine months of 2025, totaling CHF 239.9 million. The decrease was attributed to strategic business exits and uncertainty regarding US tariffs, particularly affecting the Wind Materials segment. Despite these challenges, Gurit remains confident in its strategic redirection and continues to strengthen relationships with key customers, particularly in the wind sector, while also expanding in the subsea market. The company maintains its full-year guidance, expecting net sales to reach around CHF 300 million.
The most recent analyst rating on (CH:GURN) stock is a Hold with a CHF14.00 price target. To see the full list of analyst forecasts on Gurit Holding AG stock, see the CH:GURN Stock Forecast page.
More about Gurit Holding AG
Gurit Holding AG, based in Switzerland and listed on the SIX Swiss Exchange, specializes in advanced composite materials, composite tooling equipment, and core kitting services. The company serves global growth markets such as the wind turbine industry, marine, and building sectors, with operations in multiple countries including Australia, Canada, China, and the United States.
Average Trading Volume: 3,081
Current Market Cap: CHF51.38M
Find detailed analytics on GURN stock on TipRanks’ Stock Analysis page.
Trending Articles:
- RTO Doesn’t Always Mean RTO: Microsoft Stock (NASDAQ:MSFT) Notches Up as Salespeople Find Exemption
- This Was Not the First Bid: Warner Bros. Discovery Stock (NASDAQ:WBD) Gains as it Rejected Three Bids from Paramount So Far
- ‘Paramount Can Walk Away with Warner Bros.’ Say TD Cowen and Benchmark Analysts