Gurit has reported preliminary and unaudited full year net sales of CHF 359.4 million, representing an increase of 10.4% (currency-adjusted) and a 7% increase in reported Swiss Francs versus 2014.
The positive development is mainly related to the strong demand from the wind energy market and gains in market shares. Gurit`s Composite Materials Business was able to further participate in the growth of the global wind energy market. The company`s core material range was almost fully utilized throughout the year and more than offset the technology-related phase-out of prepreg sales for the production of wind blades. Net sales to the wind energy market grew by 18.4% (currency-adjusted: 23.9%) to CHF 155.4 million.
