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Glaston
3275 investors follow this company
BUY 0.69 LOWEST 0.68 VOLUME 12 355
SELL 0.69 HIGHEST 0.69 VALUE 0,009 Milj. EUR

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Analyytikko

Erkki Vesola
+358 50 549 5512

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Type: stock_exchange_release
28.5.
2020

Glaston Corporation      Stock Exchange Release  28 May 2020 at 14.30

In its organisation meeting held today, the Board of Directors of Glaston Corporation, elected today by the Annual General Meeting of Shareholders, re-elected Teuvo Salminen as the Chairman of the Board and Sebastian Bondestam as the Deputy Chairman of the Board.

In addition, the compositions of the Board committees were decided to be as follows:

Audit Committee
Teuvo Salminen (Chairman) and Tero Telaranta were elected as members of the Audit Committee of the Board of Directors.

Type: stock_exchange_release
28.5.
2020

Glaston Corporation      Stock Exchange Release 28 May 2020 at 10.30 a.m.

Type: stock_exchange_release
25.5.
2020

Glaston Corporation                            Stock Exchange Release         25 May 2020 at 8.00 am

Arto Metsänen (b. 1956) has announced he will retire from the company on 1 January 2021 and agreed with the Board of Directors that he will step down as CEO on 1 June 2020. Glaston's Board of Directors has nominated current deputy to the CEO Sasu Koivumäki (b. 1974) acting CEO as of 1 June 2020. The recruitment process for a new CEO has been initiated.

Type: stock_exchange_release
6.5.
2020

GLASTON CORPORATION                   STOCK EXCHANGE RELEASE           6 May 2020 at 13.05

Type: stock_exchange_release
28.4.
2020

GLASTON CORPORATION                   INTERIM REPORT            28.4.2020  AT 13.00
 

 This release is a summary of Glaston Corporation's Interim Report for January-March 2020. The complete report is attached to this release as a pdf-file. The release is also available on the company's website at the address www.glaston.net.

Type: stock_exchange_release
28.4.
2020

Glaston Corporation                  Inside information          28 April 2020 at 13.00

Due to the significant deterioration in the global financial situation following the coronavirus and the rapid changes in the company's business environment Glaston Corporation's Board of Directors has today in its meeting decided to amend the capital repayment proposal. The Board of Directors proposes to the General Meeting that no return on capital shall be distributed.

Type: stock_exchange_release
3.4.
2020

Glaston Corporation   Other information disclosed according to the rules of the Exchange   3 April 2020 at 13.00
 

Glaston's co-operation negotiations concerning temporary layoffs in the company's units in Finland have ended today. As a result, Glaston will temporary layoff all employees, approximately 180 people, in stages during 2020. The timing and execution of the layoffs are reviewed function-by-function and can be at most 90 days per employee by the end of year 2020.

Type: stock_exchange_release
20.3.
2020

Glaston Corporation          Stock Exchange Release                 20.3.2020 at 17.50

Based on the rapid development of the coronavirus situation, the Finnish Government announced on Monday 16 March 2020, a general limit of ten persons to all public gatherings. Glaston takes the risk relating to the coronavirus very seriously.

 

Due to these reasons, the company has decided to postpone its Annual General Meeting which was originally scheduled to be held on Thursday, 2 April 2020, to a later date which will be announced separately.

 

 

 

Type: stock_exchange_release
20.3.
2020

Glaston Corporation                  Inside information                      March 20, 2020 at 17.40

Type: stock_exchange_release
20.3.
2020

Glaston Corporation      Inside information            20 March 2020 at 17.30

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.

 

Due to the weak visibility and high market volatility Glaston has decided to suspend its outlook for 2020. The company's aim is to give an update on the outlook once a more reliable estimate on the

Glaston

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Glaston lyhyesti

Glaston aims to be its industry’s leading pioneer, whose identifying characteristics are technology leadership and high quality. Glaston’s core expertise is in flat tempering technology. In this segment, our global market share is slightly under 40% *). Through its continuous product development and regularly renewed product offering, Glaston will further strengthen its position and competitiveness in the market as well as in new machine sales and services. The growth target will be supported by growing demand for architectural glass. To support its core business, Glaston will seek growth opportunities not only in flat tempering technology but also in other safety glass groups, such as bending, tempering-bending and laminating. Innovative glass technologies and digitalisation will bring significant new business opportunities to Glaston.