Gurit reports net sales of CHF 239.9 million for the first nine months of 2025, confirms full-year guidance

Third-quarter results were impacted by planned strategic business exits and a cautious market sentiment linked to U.S. tariff uncertainties

Gurit announced unaudited net sales of CHF 239.9 million for the first nine months of 2025, representing a decrease of 20.3 per cent at constant exchange rates, or 23.9 per cent in reported CHF, compared to the same period in 2024.

Third-quarter results were impacted by planned strategic business exits and a cautious market sentiment linked to U.S. tariff uncertainties—factors that were anticipated and reflected in the company’s full-year guidance, which Gurit reaffirms. The company remains confident in the strategic transformation it began in 2024, aimed at driving sustainable long-term growth and profitability.

The Wind Materials business recorded net sales of CHF 149.1 million for the first nine months of 2025, a decline of 26.0 per cent at constant exchange rates compared to the prior year. This decrease was primarily driven by the planned exit from the carbon fiber pultrusion business and a more selective approach to customer engagement. Third-quarter performance exceeded expectations, supported by strong sales of core materials and glass pultruded products. Gurit continues to strengthen its partnerships with key Western wind energy customers and is in advanced stages of finalizing long-term agreements to secure stable and sustained growth in the years ahead.

The Manufacturing Solutions business achieved net sales of CHF 24.5 million for the first nine months of 2025, down 6.6 per cent at constant exchange rates from the previous year. Despite ongoing uncertainty related to tariffs, several wind sector customers confirmed new investment decisions during the third quarter, resulting in improved sales compared to the first half of the year. Gurit expects further growth in this segment during the fourth quarter as customer demand continues to recover.

The Marine and Industrial business reported net sales of CHF 66.4 million for the first nine months of 2025, a decrease of 9.6 per cent at constant exchange rates year-over-year. Third-quarter sales were softer than anticipated due to a subdued marine market and delayed investment decisions across industrial sectors. However, the U.S. tariff environment has since stabilized, providing a more favorable outlook. Gurit continues to experience strong momentum in the subsea market, highlighted by the multi-year contract announced in early September, which offers significant expansion potential into additional high-growth regions. The company remains optimistic about the medium- to long-term prospects in both the Marine and Industrial segments.

Gurit’s management reaffirms its full-year 2025 guidance and remains committed to executing its strategic redirection, strengthening customer relationships, and positioning the company for long-term value creation across all business areas.