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Gurit has announced a three-year core material engineering and kit supply agreement with an undisclosed wind turbine manufacturer. The agreement is an extension of an existing three-year contract which expires.
The new contract is expected to generate net sales of around CHF 130 million over the contract period. It is providing a bigger share of volume of this Wind OEM’s kit demand and at current material terms an expected revenue increase of CHF 10-15 million per year.
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