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

The glass market is going bigger in size and the RCN machines also follow these requirements.
Don’t miss out on the LiSEC Campus “All in one solutions”, the virtual show for flat glass processors, taking place from 15th to 17th of June.
“I started working with glass because…I liked it. And this is where I am today”
The new deadline is now extended to April 30, 2021.
The long-awaited exhibition Mir Stekla-2021 took place in Moscow from 22th to 25th of March, with the attending of many glass processing companies from all over the world.
Adelio Lattuada will exhibit @ booth #1547 at the 2021 edition of GlassBuild America.

Add new comment

From industry

Via per Monastier, 4
31056 Vallio di Roncade TV
Italy

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

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

NEWS RELATED PRODUCTS

sedak GmbH & Co. KG
R.C.N. Solutions Srl
Luoyang North Glass Technology Co., Ltd.,