Glaston Corporation reported a challenging first half of 2026, with weaker demand for new glass processing equipment but continued resilience in its Services business.
In April–June, orders received increased slightly to EUR 38.9 million, compared with EUR 38.1 million a year earlier. Net sales declined 20% to EUR 41.5 million, reflecting the low order intake recorded during the second half of 2025. Despite lower sales, comparable EBITA remained relatively resilient at EUR 2.7 million, with the margin improving to 6.6% from 6.1%.
For January–June, orders received totaled EUR 79.4 million, while net sales reached EUR 82.5 million. Comparable EBITA was EUR 5.4 million, representing a 6.6% margin.
Services was a key area of strength. Services order intake increased 21%, driven particularly by upgrade activity in EMEA and the Americas. Glaston said pre-processing upgrades generated the strongest Services order intake in its history. Services accounted for 47% of second-quarter Group net sales. 
Glaston expects market activity to remain slow through 2026, particularly in architectural glass processing. The company forecasts 2026 comparable EBITA of EUR 9–11 million, compared with EUR 14 million in 2025.
Source: Glaston with additional information added by Glass Balkan
