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

Date: 18 March 2021

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.net

2021-03-18T08:02:37

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

See more news about:

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Glaston’s Financial Statement Bulletin January 1 – December 31, 2024

Steady development in comparable EBITA in soft market environment

Clarity Glass and LiSEC: Pioneering Automation in Brazil's Tempered Glass Industry

Clarity Glass & LiSEC: Automating Brazil’s Tempered Glass Industry

Clarity Glass, in collaboration with LiSEC, is revolutionizing Brazil’s tempered glass sector through cutting-edge automation.

Elevate F&I Offerings with Diamon-Fusion®: Ultimate Windshield Protection

Boost your F&I offerings with Diamon-Fusion®, the ultimate windshield protection solution that adds value for customers while increasing revenue for dealerships and agencies.

Glaston publishes the 2024 Financial Statements Bulletin on 14 February 2025, at 8.30 a.m.

Glaston Corporation will publish its January−December 2024 Financial Statements Bulletin on Friday, 14 February 2025 at around 8.30 a.m. Finnish time.

TPS® insulating glass with ultra-thin center glass down to 0.5 mm is revolutionizing the glass industry

Homeowners and builders can now upgrade windows with ease, thanks to Glaston’s ultra-thin triple TPS® IG units, offering superior insulation and efficiency.