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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Glaston
Glaston (GLA1V) investor relations material
Glaston Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
Q3 orders reached €42.2m, the highest quarterly level of 2026, down 3% YoY; Q3 net sales fell 29.5% to €39.8m as earlier weak equipment orders reduced backlog.
Comparable EBITA was €2.9m, or 7.2% of sales; Services and Mobility, Display & Solar orders grew while Architecture equipment demand remained weak.
January–September net sales declined 23.5% to €122.3m and comparable EBITA was €8.3m; reported EBIT rose to €12.2m, mainly reflecting a Swiss factory-property sale gain.
Financial highlights
Q3 operating result was €2.0m, profit €1.3m and comparable EPS €0.036, versus €3.0m, €2.3m and €0.076, respectively, in Q3 2025.
Q3 comparable EBITDA was €3.8m, or 9.6% of sales, versus €5.9m and 10.4% a year earlier; Q3 operating cash flow was positive at €3.2m.
9M operating cash flow was €3.7m versus an outflow of €0.9m; cash and cash equivalents were €18.6m at September-end versus €6.7m a year earlier.
9M sales: Architecture €92.8m, down 24.3% YoY; Mobility, Display & Solar €30.2m, down 19.1%.
Outlook and guidance
2026 outlook unchanged: net sales expected to decrease from 2025’s €208.8m; comparable EBITA guidance remains €9.0–11.0m versus €14.0m in 2025.
Architecture equipment demand is expected to remain subdued; project activity improved slightly in Q3 and is expected to continue into Q4. Mobility equipment demand is forecast at 2025 levels, driven by China.
Services conditions are expected to remain healthy, with continued demand for modernizations; geopolitical and economic uncertainty remains elevated for customer investment decisions.
Target is to make Q4 the strongest order-intake quarter of 2026; postponed projects have reactivated and underlying trends were described as positive.
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Latest events from Glaston
- FY profitability improved despite weaker Architecture orders; 2024 outlook is stable to slightly higher.GLA1V
Q4 2023 - Net sales fell 20% as services grew 21%, with profitability aided by a EUR 7.8m property gain.GLA1VQ2 2026
- Net sales and orders fell, but margins improved to 6.5% amid cost savings and market challenges.GLA1VQ1 2026
- Q4 2025 order intake was highest, but sales and EBITA are set to decline further in 2026.GLA1VQ4 2025
- Order intake fell 24% as net sales rose 4%, triggering cost-saving actions and revised guidance.GLA1VQ2 2025
- Q3 2024 saw strong Mobility, Display & Solar growth and margin gains, offsetting Architecture softness.GLA1VQ3 2024
- Service growth offset weak sales; production shift to China to drive future cost savings.GLA1VQ2 2024
- Order intake up 1%, net sales down 7%; stable 2025 outlook amid soft markets and tariff risks.GLA1VQ1 2025
- Profitability improved to 7.0% EBITA margin despite soft markets and lower order intake.GLA1VQ4 2024
Next Glaston earnings date
Q4 202613 Feb, 2027
Glaston
Next Glaston earnings date
Q4 202613 Feb, 2027
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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.