Glaston Corporation has released its Financial Statement Bulletin for January 1 – December 31, 2025, reflecting a year shaped by subdued market demand, disciplined cost control, and productivity-driven profitability improvements.

For the full year, orders received totaled EUR 177.4 million, down from EUR 202.7 million in 2024. Net sales reached EUR 208.8 million, compared to EUR 217.9 million in the previous year, marking a 4% decline.

Comparable EBITA amounted to EUR 14.0 million (6.7% of net sales), slightly below the EUR 15.3 million reported in 2024. Operating result (EBIT) stood at EUR 4.4 million, while comparable earnings per share decreased to EUR 0.151.

Reflecting the cautious business environment, the Board of Directors has proposed that no dividend be distributed for the 2025 financial year.

In the final quarter, orders reached EUR 48.8 million, representing the strongest quarterly intake of the year, although still down from the previous period. Net sales for Q4 totaled EUR 49.0 million, with comparable EBITA at EUR 3.0 million (6.1% margin).

Demand remained weak across architectural markets, while mobility glass equipment, particularly in China, showed moderate activity supported by the electric vehicle transition. Services remained stable, providing resilience in a volatile environment.

Throughout 2025, Glaston continued executing its cost-saving program, achieving EUR 4.2 million in annual run-rate savings out of a targeted EUR 6 million. Strict cost management has now been embedded into the company’s operating model, strengthening operational resilience.

Employee engagement improved to 78/100, surpassing the company’s target, while safety performance remained stable with an LTIFR of 5.8.

Looking ahead, Glaston expects glass processing equipment markets to remain soft in 2026, with potential improvement only toward the second half of the year. Net sales and comparable EBITA are projected to decline compared to 2025 levels.