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Gurit achieved in Q1 2013 net sales of CHF 52.9 million (Q1 2012: CHF 89.6 million) with customers in the traditionally supplied materials markets of Wind Energy, Aerospace, Rail and Marine and the growing broad industrial market.
Sales achieved in the Wind Energy market declined due to low demand in Asia, stable sales in Europe and the slow recovery in the USA where the production tax credits were only renewed at year-end 2012. Gurit reports for Q1 2013 net sales of CHF 7.9 million (Q1 2012: CHF 6.2 million) from engineering services and the manufacture of finished parts, systems and tools. The demand for moulds for wind rotor blades is still very low. Gurit confirms its guidance for FY 2013 and continues to expect a sales level of around CHF 300 million and an operating profit margin exceeding 6% of sales for the whole group.
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