Glaston Corporation publishes comparable financial information for its re-organized reporting segments

Date: 18 March 2021
Source: glaston.net
Glaston Corporation publishes comparable financial information for its re-organized reporting segments
Photo source
glaston.net

Date: 18 March 2021

In January 2020, Glaston announced its new group structure with business areas Glaston Heat Treament Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Emerging Technologies.

As of 1 January 2021, the Emerging Technologies operations have been re-organized and are part of the regional sales structure. As of the same date Glaston’s business areas are Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Display Technologies.

The company’s reporting segments consist of each business area together with its respective service business. Depending on the technology focus in question, the Emerging Technologies projects are reported in Heat Treatment Technologies, Insulating Glass Technologies or Automotive & Display Technologies. As a result of this change, single projects from 2020 as well as a small amount of fixed costs earlier reported in Automotive & Emerging Technologies segment are transferred to the Heat Treatment segment. The effect on order book, net sales and EBIT reported for the segments in 2020 is therefore minor.

Unaudited comparable 2020 quarterly and full year financial information for the new reporting segments and product areas is presented HERE.

Glaston segment information 2021

600450 Glaston Corporation publishes comparable financial information for its re-organized reporting segments glassonweb.com

Others also read

The redevelopment of the Which? Headquarters in London seamlessly blends historic preservation with modern efficiency.
One year after installing its advanced LiSEC system, VITROCHAVES highlights the power of full glass processing automation.
Glaston Corporation’s Annual Review 2024 has today been published in Finnish and English on the company’s internet pages at www.glaston.net.
Şişecam, a global player in the glass and chemicals industries met with its investors at its 89th Annual General Assembly to share its financial and operational results.
Precision Glass Industries (PGI) is proud to announce the opening of its second location, a cutting-edge 135,000-square-foot fabrication campus in Conroe, Texas.

Add new comment

From industry

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey

Polígono Industrial El Bayo, parcela I, 19
24492 Cubillos del Sil León
Spain

2200 W. Salzburg Rd.
Auburn , MI 48611
United States

Ottergemsesteenweg 707-Zuid
9000 Ghent
Belgium

Via per Monastier, 4
31056 Vallio di Roncade TV
Italy

NEWS RELATED PRODUCTS

Wenfrod Glass Processing Co. (Tempered Glass Factory Turkey)
Thermoseal Group Ltd.
R.C.N. Solutions Srl
Unelko Corporation