Gurit Holding AG - Company Profile
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Gurit Holding AG (Gurit) is a composite material developing company that offers composite materials and tooling applications. The company's material offering comprises of glass, carbon, aramid fibre prepregs, structural synthetic core and balsa wood materials, gel coats, adhesives, and resins. Its components portfolio includes automotive design, prototype & development and engineering among others. Gurit caters its products to various markets such as wind energy, rail, marine, ocean energy, aerospace and automotive. Geographically, the company operates in many other countries including Germany, Hungary, Italy, Poland, Spain, Switzerland, the UK, Canada, the US, Ecuador, Australia, New Zealand, India, and China. Gurit is headquartered in Wattwil, Switzerland.
Headquarters
Switzerland
Address
Ebnaterstrasse 79, Wattwil, 9630
Website
www.gurit.com
No of Employees
2,343
Industry
Chemicals
Ticker Symbol & Exchange
GURN (SWF)
Revenue (2022)
$511.9M
-7.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-19.4%
(2022 vs 2021)
Market Cap*
$305.3M
Net Profit Margin (2022)
XYZ
-12.4%
(2022 vs 2021)
* As of and is in US$
Gurit Holding AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Prepegs: | Structural Engineering Solutions | Gurit |
| Epoxy Prepregs | Prototyping | SparPreg |
| Cyanate Ester Prepregs | Spabond | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with Wind Turbine OEMs to supply a significant share of the customers' global demand for core material kits. |
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company acquired the remaining 40% of Fiberline Composites. |
| 2022 | Acquisitions/Mergers/Takeovers | In April, the company acquired 60% shares in Fiberline Composites A/S, a manufacturer of pultruded carbon and glass fiber products. |
Competitor Comparison
| Key Parameters | Gurit Holding AG | Itochu Corp | Honeywell International Inc | Ems-Chemie Holding AG | SOMAR Corporation |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Japan | United States of America | Switzerland | Japan |
| City | Wattwil | Minato-Ku | Charlotte | Herrliberg | Chuo-Ku |
| State/Province | - | Tokyo | North Carolina | - | Tokyo |
| No. of Employees | 2,343 | 110,698 | 95,000 | 2,736 | 460 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rudolf Hadorn | Chairman | Executive Board | 2022 | 60 |
| Mitja Schulz | Chief Executive Officer | Senior Management | 2021 | 46 |
| Philippe Wirth | Chief Financial Officer | Senior Management | 2019 | 51 |
| Lance Hill | General Manager - BU Marine & Industrial Materials | Senior Management | 2014 | 57 |
| Binjiang Chen | General Manager - Manufacturing Solutions | Senior Management | 2011 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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