Banner
Falorni Tech Glass Melting Technology
Banner
Filtraglass
Banner

Glaston Corporation comparable EBITA unlikely to improve in 2020

Due to the weak visibility and high market volatility Glaston has decided to suspend its outlook for 2020

Due to the significant deterioration in the global financial situation following the coronavirus and the rapid changes in the company’s business environment Glaston withdraws its guidance for the 2020  outlook, in which it expected the 2020 comparable EBITA to improve from the 2019 level.

The company’s aim is to give an update on the outlook once a more reliable estimate on the potential impact can be made.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news