Gurit, the Swiss specialty plastics manufacturer, reported a sharp rise in profitability for the first half of 2026, exceeding market expectations and prompting an upward revision to its full-year guidance.
In the continuing business, revenue rose 6.1% year-on-year to CHF 152.4 million, while on a constant-currency basis the increase was 16.0%. Adjusted operating profit (EBIT) surged 80% to CHF 16.9 million, lifting the margin to 11.0% from 5.7%. Net profit returned to positive territory at CHF 9.0 million, compared with a loss of CHF 68.3 million in the same period a year earlier. The company said its results surpassed the AWP consensus on both operating profit and margin.
All three operating segments contributed to growth. Wind Materials revenue increased 3.7% to CHF 82.9 million, or 9.6% in constant currencies, driven by higher production at large onshore wind-turbine manufacturers and expansion in offshore wind. Manufacturing Solutions revenue jumped 57% to CHF 23.9 million, or 69.3% in constant currencies. Marine & Industrial revenue rose 2.6% to CHF 45.7 million, up 9.2% in constant currencies. Gurit attributed the stronger profitability to profitable growth, portfolio optimizations and a lower cost base following its transformation program.
Based on the first-half performance, Gurit raised its 2026 outlook for continuing operations. It now expects constant-currency revenue growth of 9% to 11%, up from a previous target in the mid-single-digit range. The adjusted EBIT margin is forecast to reach about 10%, compared with the 8.1% reported for 2025.
The company also confirmed the appointment of Viktor Bernhardt as permanent chief executive officer, following his interim role since late July. The board cited his financial expertise, operational discipline and leadership experience. A search for a new chief financial officer has been launched, and Bernhardt will continue to oversee finance until a successor is appointed.
