Glaston Lowers 2025 Outlook Amid Market Uncertainty and Weak Demand

Glaston Corporation

Glaston Corporation has revised its full-year 2025 financial outlook due to a sharp drop in demand during the second quarter and a lack of recovery in the architectural glass market. The company now expects net sales to range between EUR 206–215 million, compared to EUR 217.9 million in 2024. Its projected comparable EBITA has also been lowered to EUR 13.1–15.1 million, down from EUR 15.3 million last year.

In the first half of 2025, the architectural market continued to weaken, with prolonged uncertainty and external pressures, particularly the U.S. tariff environment, impacting customer investment decisions. Glaston reports that market activity is likely to remain subdued for the rest of the year, with extended decision-making timelines contributing to a slowdown in both sales and profitability.

Previously, Glaston had forecast stable or slightly improved performance compared to 2024. However, in light of recent market developments, the company is now preparing for further cost-reduction actions in addition to existing control measures.

Despite the short-term challenges, Glaston maintains its focus on long-term growth through innovation in glass processing technologies. The company remains committed to enhancing its offerings in high-demand sectors such as insulating glass, smart glass solutions, and the automotive industry.

Glaston is scheduled to publish its Half-year Financial Report on 8 August 2025. Due to the silent period, the company will refrain from commenting further on its performance until then.

Source: Glaston with additional information added by Glass Balkan

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