Banner
Banner
Filtraglass
Banner

Pilkington: building glass prices drag down profits

British glass group Pilkington reported pre-tax profits for the six months to 30 September 1996 of UK 75 million, a 28% drop on the year-earlier figure. The reduced earnings are said to be the result …

British glass group Pilkington reported pre-tax profits for the six months to 30 September 1996 of UK 75 million, a 28% drop on the year-earlier figure. The reduced earnings are said to be the result of the fall in prices of building glass throughout Europe. Pilkington“s US business did well and the first of its three Chinese plants is now running at a profit.

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