Brief: Glaston Lowers FY 2025 Net Sales, Comparable EBITA Outlook
22/07/2025 11:29
July 22 (Reuters) - Glaston Oyj Abp GLA1V.HE: SIGNIFICANTLY LOWER DEMAND IN Q2 AND ARCHITECTURAL MARKET SHOWING NO SIGNS OF SIGNIFICANT RECOVERY LOWERS ITS NET SALES AND COMPARABLE EBITA OUTLOOK FOR FULL YEAR 2025 EXPECTS MARKET ACTIVITY TO REMAIN SLOW THROUGHOUT YEAR MARKET UNCERTAINTY AND EXTENDED DECISION-MAKING TIMES WILL IMPACT DEVELOPMENT OF BOTH NET SALES AND COMPARABLE EBITA. ESTIMATES THAT ITS NET SALES AND COMPARABLE EBITA WILL DECREASE FROM LEVEL OF PREVIOUS YEAR EXPECTS NET SALES TO BE EUR 206−215 MILLION AND COMPARABLE EBITA TO AMOUNT TO EUR 13.1−15.1 MILLION Source text: ID:nWkr9BWvF6 Further company coverage: GLA1V.HE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))