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

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

Glaston’s Board of Directors has approved a revised strategy with key objectives for 2021–2025.
Updated strategy and glass processing technologies’ development
What are the benefits of the manual sealing machine MSA-A30? How is an ergonomic and simple operation guaranteed? Which systems can be combined with the MSA-A30? You can find the answers to these questions in the video.
We hope you’ll join us for one or more events this month, which can help you easily earn AIA LU/HSW credits no matter where you’re working. 
In this series, we will be covering some of the most important aspects of lamination.
New oversized glass product offers larger sizes and heavy thicknesses for large-scale facades

Add new comment

From industry

Via per Monastier, 4
31056 Vallio di Roncade TV
Italy

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

Ctra. Estación Km. 15.8
44415 Rubielos de Mora Teruel
Spain

Business center “East Gate" 100 Schelkovskoe Highway, Building 108, office 45,
Moscow
Moskva
105523
Russia

NEWS RELATED PRODUCTS

R.C.N. Solutions Srl
R.C.N. Solutions Srl
R.C.N. Solutions Srl
sedak GmbH & Co. KG
sedak GmbH & Co. KG