Gurit Holding AG reported preliminary net sales of CHF 319.6 million for calendar year 2025, exceeding its guidance on the back of strong late-year demand from the wind energy sector. The company now expects its operating margin to improve over 2024, underscoring progress in its ongoing transformation.

Despite the outperformance versus guidance, Gurit’s net sales declined 22.0% at constant exchange rates and 26.0% in reported CHF compared with the prior year, reflecting the impact of planned strategic business exits. The company said these exits were part of a broader effort to sharpen its competitive position and focus on higher-value markets.

The Wind Materials division remained the largest contributor, generating CHF 190.1 million in net sales in 2025. Sales fell 29.9% at constant exchange rates, primarily due to Gurit’s exit from the carbon fiber pultrusion business. Excluding exited operations, continued Wind Materials activities posted sales of CHF 164.1 million, down just 3.2%, highlighting the resilience of the core business.

Gurit said Wind Materials exceeded expectations during the year, supported by restructuring measures and a sharper focus on core materials.

A key milestone was the securing of a long-term supply agreement with one of the world’s leading Western wind turbine OEMs, marking the first major contract based on core kits using OptiCore technology. Order intake and deliveries accelerated in the final quarter of 2025, strengthening the outlook for the coming quarters.

Manufacturing Solutions delivered net sales of CHF 41.4 million, a modest 2.2% decline at constant exchange rates. The business faced a slow start to the year as Western customers delayed investment decisions amid tariff uncertainty. Momentum improved significantly in the second half, particularly in the fourth quarter, as wind customers confirmed blade line investments.

The Indian market outperformed expectations, creating new regional growth opportunities. Gurit expects the positive trend to carry into 2026.

The Marine and Industrial segment reported net sales of CHF 88.3 million, down 8.4% at constant exchange rates, impacted by early-year tariff uncertainty in the U.S. and continued caution in marine markets. However, the unit expanded into new applications including office furniture and recreational vehicles and secured a multi-year subsea contract announced in September, opening the door to future growth.

For full-year 2025, Gurit expects an adjusted operating profit margin of around 8%, up from 6.9% in 2024, reflecting the benefits of structural measures implemented over recent periods.