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Glaston Oyj Abp (GLA1V.HE)

GLA1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Glaston gets order from Mexico
Friday, 5 May 2017 07:30am EDT 

May 5 (Reuters) - GLASTON OYJ ABP :GLASTON RECEIVES SIGNIFICANT ORDER FROM MEXICO .LINE IS TO BE DELIVERED DURING FINAL QUARTER OF 2017..ORDER IS BOOKED IN GLASTON'S Q1/2017 ORDER BOOK.HAS CLOSED A SIGNIFICANT DEAL WITH MEXICAN GLASS FABRICATOR CRISVISA FOR A GLASTON FC SERIES TEMPERING LINE.  Full Article

Glaston Q1 comparable EBITDA down at EUR 0.8 million
Wednesday, 26 Apr 2017 06:00am EDT 

April 26 (Reuters) - GLASTON OYJ ABP ::Q1 ORDERS RECEIVED EUR 21.6 MILLION VERSUS EUR 25.0 MILLION YEAR AGO.Q1 NET SALES EUR 22.8 MILLION VERSUS EUR 29.4 MILLION YEAR AGO.Q1 COMPARABLE EBITDA EUR 0.8 MILLION VERSUS EUR 1.4 MILLION YEAR AGO.  Full Article

Glaston and tennis player Henri Kontinen agree cooperation
Monday, 6 Mar 2017 01:00am EST 

Glaston Oyj Abp :Entered into a cooperation agreement of at least a two years' duration with Finnish tennis player Henri Kontinen.  Full Article

Glaston negotiating sale of its pre-processing business in USA and Canada
Tuesday, 28 Feb 2017 02:30am EST 

Glaston Oyj Abp : Negotiations on sale of its pre-processing business in USA and Canada to italian company Bavelloni SpA . Negotiations will take place on Glaston continuing as a reseller in Mexico, Brazil and Singapore . Negotiations are expected to be completed by March 31, 2017 .Net sales of pre-processing business in USA and Canada were about 4.9 million euros ($5.18 million) in 2016.  Full Article

Glaston sells flat tempering line to Chile
Wednesday, 18 Jan 2017 08:00am EST 

Glaston Oyj Abp : Says sells flat tempering line to Chile . Order was booked in its Q4 2016 order book .Furnace will be delivered to Chile during summer 2017.  Full Article

Glaston Q3 net sales down at 20.5 million euros
Monday, 31 Oct 2016 07:00am EDT 

Glaston Oyj Abp : Q3 orders received 25.6 million euros ($28.03 million) versus 28.2 million euros year ago . Q3 operating profit 0.3 million euros versus 2.4 million euros year ago . Q3 net sales 20.5 million euros versus 34.3 million euros year ago .Expects 2016 net sales to be approximately 105-110 million euros and comparable operating profit to be approximately 2-4 euros million.  Full Article

Glaston concludes employer-employee consultation
Thursday, 29 Sep 2016 03:55am EDT 

Glaston Abp : Says operations in Finland will be reorganised, resulting in a maximum of four redundancies . Is also prepared for temporary lay-offs in spring 2017 .Personnel reductions will mostly be implemented immediately.  Full Article

Glaston planning efficiency measures in Finland
Tuesday, 9 Aug 2016 05:45am EDT 

Glaston Oyj Abp : Glaston will initiate consultations with personnel on the possible need for lay-offs and job reductions . The consultations will cover all Glaston personnel in Finland . The need for personnel redundancies is expected to be approximately 10 people, and the need for lay-offs to be less than 90 days . The possible lay-offs would be implemented during autumn 2016 and spring 2017 .The planned measures may also result in changes to employment terms, working tasks and organisational structure.  Full Article

Glaston appoints Päivi Lindqvist new CFO
Tuesday, 19 Jul 2016 07:00am EDT 

Glaston Oyj Abp : Päivi Lindqvist has been appointed Chief Financial Officer .Lindqvist to start as CFO as of Sept. 19, 2016.  Full Article

Glaston closes follow-up order from US at over EUR 2 million
Friday, 17 Jun 2016 04:15am EDT 

Glaston Oyj Abp : Receives FC1000 follow-up order from United States . Has closed deal valued at over 2 million euros ($2.3 million) with U.S based Cardinal Glass Industries for Glaston FC1000 tempering line . Order is booked in Glaston's Q2 2016 order book .Line is to be delivered during December 2016.  Full Article

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