Glaston Corporation has released its half-year January-June 2026 financial report.
April–June 2026 in brief
- Orders received totalled EUR 38.9 (38.1) million
- Net sales totalled EUR 41.5 (51.7) million
- Comparable EBITA was EUR 2.7 (3.1) million, i.e. 6.6 (6.1) percent of net sales
- The operating result (EBIT) was EUR 8.8 (-0.5) million. EBIT includes a EUR 7.8 million gain from the sale of the property in Switzerland
- Comparable earnings per share were EUR 0.048 (0.019)
January–June 2026 in brief
- Orders received totalled EUR 79.4 (85.2) million
- Net sales totalled EUR 82.5 (103.3) million
- Comparable EBITA was EUR 5.4 (6.3) million, i.e. 6.6 (6.1) percent of net sales
- The operating result (EBIT) was EUR 10.2 (0.5) million. EBIT includes a EUR 7.8 million gain from the sale of the property in Switzerland
- Comparable earnings per share were EUR 0.073 (0.049)
Glaston specifies outlook for 2026
In the first half of 2026, the glass processing equipment markets were soft, and Glaston expects market activity to remain slow during the rest of the year. For the architectural glass processing equipment markets, a significant recovery is not expected in the near future. Driven by China, the mobility glass processing equipment market is expected to remain at the same level as in 2025. Supported by the installed base and continuous customer demand for lifecycle services, the service business environment is expected to continue at a good level.
In response to the weak market environment, Glaston continues its actions for improved efficiency, cost management, and selective growth opportunities, particularly in lifecycle services and targeted technology areas. Amid increased global economic unpredictability, higher-than-normal uncertainty is related to customers’ investment activity.
Glaston entered the year with a lower order backlog than in the previous year. Given the cautious market environment, Glaston Corporation estimates that its net sales will decrease in 2026 from the levels reported for 2025. Comparable EBITA is estimated to amount to EUR 9.0−11.0 million. In 2025, Group net sales totalled EUR 208.8 million and comparable EBITA was EUR 14.0 million.
The complete report is available here.