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.