British glassmaker Pilkington Plc said it had started its financial year well.
“The step change restructuring programme implemented over the last three years, together with growth in sales, continues…
British glassmaker Pilkington Plc said it had started its financial year well. “The step change restructuring programme implemented over the last three years, together with growth in sales, continues to deliver strong underlying improvements in group profitability,” chief executive Paolo Scaroni said in a trading statement. “We expect this year“s results to reflect this success.” Pilkington“s interim results are due on October 26. It also said its affiliate Shanghai Yaohua Pilkington Glass Co. Ltd. had acquired Ford Motor Co.“s 51% of Shanghai FuHua Glass Co. Ltd. “It is directly in line with our stated strategy of growing our presence in developing economies where we can add our technology and global experience,” Scaroni said.