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Visual21 Nov 2025
Data center suppliers
Glaston (GLA1V) investor relations material
Glaston Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Q2 2025 was challenging with a 24% year-over-year drop in order intake, while Q3 saw a further 18% decline, though net sales increased 2% to EUR 56.5 million and profitability improved.
Cost reduction programs targeting EUR 6 million in annual savings were launched, with EUR 2.6 million realized by Q3, including organizational restructuring and supply chain centralization.
The Uniglass initiative was launched to broaden the product portfolio and introduce a digital-first sales model, targeting new market segments.
Leadership changes included a new CEO and General Counsel, and a reverse share split was completed.
Financial highlights
Q3 2025 net sales were EUR 56.5 million (+2% year-over-year), with comparable EBITA up 15% to EUR 4.8 million and a margin of 8.5%.
Q2 net sales grew 4% to EUR 51.7 million, with service accounting for 38% of net sales.
Order intake fell 24% in Q2 to EUR 38.1 million and 18% in Q3 to EUR 43.4 million, with significant declines in tempering, laminating, and mobility segments.
Cash flow from operating activities was negative EUR 2.8 million in Q3, mainly due to lower advance payments; positive EUR 2 million in Q2.
Net gearing improved to 16% by Q3, down from 40% in Q2, and all financial covenants were met.
Outlook and guidance
Net sales for 2025 are expected between EUR 206–215 million, with comparable EBITA of EUR 13.1–15.1 million, both down from 2024.
Management expects a stronger second half in terms of orders and demand stabilization, but market activity in architectural glass processing equipment is expected to remain slow.
Confidence in guidance is supported by a solid backlog and ongoing cost-saving measures.
Detail China services market growth strategy
Mitigate cash flow impact from lower advances?
Reconcile order priority with lower sales outlook?
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Frequently asked questions
Glaston Oyj Abp is a Finnish company that specializes in glass processing technologies and services. It provides equipment, services, and solutions for manufacturing architectural, automotive, and solar glass. The company offers machines for glass tempering, bending, laminating, and insulating, as well as pre-processing tools like cutting and grinding equipment. Glaston also provides maintenance services, upgrades, and software solutions to optimize glass production processes. Its customers range from glass manufacturers to industries requiring advanced glass solutions for construction, automotive, and energy applications. The company is headquartered in Helsinki, Finland, and its shares are listed on the Helsinki Stock Exchange.
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