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An update from Gurit Holding AG ( (CH:GURN) ) is now available.
Gurit has signed a major five‑year long-term supply agreement to provide core material kits to one of the world’s leading wind turbine OEMs, a contract expected to generate around CHF 250 million in net sales over its duration, subject to customer demand. The deal, which includes both offshore and onshore platforms across multiple regions and is the first large contract based on Gurit’s OptiCore technology, strengthens the company’s position as a global leader in engineered core solutions for wind energy, supports customers’ blade weight reduction and manufacturing efficiency goals, and offers greater business visibility and operational scale for Gurit and its stakeholders in the renewable energy value chain.
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, headquartered in Switzerland and listed on SIX Swiss Exchange, specializes in advanced composite materials, composite tooling equipment and core kitting services. Its portfolio includes structural core materials, structural profiles, prepregs, adhesives, resins and structural composite engineering solutions, serving global growth markets such as the wind turbine industry, marine, construction and other industrial applications, with production sites and offices across Europe, the Americas, Asia and Oceania.
Average Trading Volume: 7,453
Current Market Cap: CHF58.68M
For an in-depth examination of GURN stock, go to TipRanks’ Overview page.