Brief: Glaston Specifies Its Outlook, Sees Net Sales At 2023 Level

Glaston Oyj Abp

09/08/2024 06:34

Aug 9 (Reuters) - Glaston Oyj Abp  GLA1V.HE :
    * SPECIFIES ITS OUTLOOK AND ESTIMATES THAT ITS NET SALES
WILL STAY
AT SAME LEVEL AS IN 2023
    * FOR MOBILITY GLASS PROCESSING EQUIPMENT, MARKET IN CHINA
IS
EXPECTED TO GROW WITH INCREASED SHORT-TERM VOLATILITY
    * EARLIER EXPECTED MARKET RECOVERY HAS BEEN DELAYED AND
MARKETS
ARE NOW ANTICIPATED TO RECOVER TOWARDS END OF 2024 AT EARLIEST
    * ASIA AND CHINA, IN PARTICULAR, ARE FASTEST-GROWING
MOBILITY
GLASS PROCESSING EQUIPMENT MARKETS
    * PREVIOUS 2024 OUTLOOK: NET SALES, COMPARABLE EBITA TO STAY
AT
SAME LEVEL OR INCREASE SLIGHTLY FROM 2023 LEVELS
    * SPECIFIES OUTLOOK AND ESTIMATES COMPARABLE EBITA TO AMOUNT
TO
EUR 14.5−16.0 MILLION IN 2024

Source text for Eikon:  ID:nWkr3G7jBv 
Further company coverage:  GLA1V.HE 

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