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Gurit Holding AG ( (CH:GURN) ) has provided an announcement.
Gurit Holding AG has announced a multi-year contract to supply Corecell structural foam core to the subsea industry, marking a significant expansion in the Asia-Pacific region, particularly in Australia. This contract is expected to generate substantial sales and supports Gurit’s strategic realignment towards becoming a dynamic, multi-market company, leveraging its expertise in advanced composites to diversify beyond traditional markets.
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, specializes in the development and manufacture of advanced composite materials, composite tooling equipment, and core kitting services. Their product range includes structural core materials, structural profiles, prepregs, adhesives, resins, and structural composite engineering. Gurit 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: 2,939
Current Market Cap: CHF66.92M
See more data about GURN stock on TipRanks’ Stock Analysis page.