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Thermwood

Gurit Secures 4-Year Supply Agreement with EADS and Airbus

10 June 2008

Gurit and EADS/Airbus have signed a 4-year supply contract worth approximately CHF 200 million.

Gurit has a long-standing relationship with EADS and Airbus, supplying a broad range of materials, primarily used for the interior furbishing of the complete range of Airbus aircrafts.

Based on this contract, Gurit will supply a variety of materials for the complete range of Airbus aircraft models worth approximately CHF 200 million. The shipments include growing volumes of materials used for the Airbus A380 plane, for which a number of new Gurit materials were specifically qualified.

The products will be manufactured at Gurit (Zullwil) AG, Switzerland, and Gurit (Kassel) GmbH, Germany. EADS and Airbus together, rank among the top three customers in the client portfolio