AGC Releases Consolidated Financial Results for the Three Months Ended March 31, 2011

Date: 13 May 2011
Source: http://www.agc.com/

Date: 13 May 2011

For the first quarter of fiscal 2011 (from January 1, 2011 to March 31, 2011), the global economic environment surrounding the Company and its consolidated subsidiaries (hereinafter collectively referred to as the "AGC Group" or simply as the "Group") is characterized by a gradual recovery in developed countries and economic expansion in emerging countries.

Demand for architectural glass continued to stay on a gradual recovery trend in Japan, Asia and Europe, while demand in North America remained sluggish. Shipments of architectural glass decreased in all regions compared to the previous quarter due to seasonal factors.

600450 AGC Releases Consolidated Financial Results for the Three Months Ended March 31, 2011 glassonweb.com

See more news about:

Others also read

Tailoring a unique spacer application approach for world-class insulating glass
AGC and Saint-Gobain partner to create a revolutionary pilot flat glass line with drastic CO2 emissions reduction.
AGC Inc. has begun to consider the transfer of AGC Group's business in Russia.
AGC has created a digital twin technology for glass melting processes, and has commenced operational verification in float furnaces.
HEGLA and AGC have joined forces in a development partnership, which will see AGC focus on the supply chain while HEGLA will be responsible for the development of machine technology.
In order to meet growing market demand and reduce the environmental impact of its production processes in line with its carbon neutrality roadmap, AGC Glass Europe is launching its Low-Carbon Glass range, featuring a significantly reduced carbon footprint.

Add new comment