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Glaston
Glaston (GLA1V) investor relations material
Glaston Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary13 Feb, 2026
Executive summary
Q4 2025 order intake was the year's highest at EUR 48.8 million, though still down 8% year-over-year, with improvement in the Middle East.
Full-year 2025 saw a 13% decline in order intake and a 4% drop in net sales to EUR 208.8 million, with continued softness in architectural and mobility markets.
Cost reduction program launched in August 2025, with EUR 4.2 million annualized savings realized by year-end.
No dividend or capital repayment proposed for 2025; CEO change in June 2025.
Services business provided stability, offsetting some machine sales decline.
Financial highlights
Q4 net sales fell 14% year-over-year to EUR 49 million; comparable EBITDA/EBITA was EUR 3 million with a 6.1% margin.
Full-year net sales were EUR 208.8 million, down 4%; comparable EBITDA/EBITA was EUR 14 million (6.7% margin); comparable EPS was EUR 0.151.
Operating cash flow was positive at EUR 0.5 million in Q4 but negative for the full year at EUR -0.4 million.
Operating result (EBIT) was EUR 4.4 million, down from EUR 5.8 million in 2024.
Profit for the year was EUR 1.2 million.
Outlook and guidance
Net sales and comparable EBITDA/EBITA are expected to decrease in 2026 due to a lower order backlog and continued market softness.
Service net sales are estimated to remain stable and are a key focus area for growth.
Architectural equipment markets to remain cautious, with possible improvement in H2 2026; services expected to grow.
Cost management and efficiency actions to continue amid high uncertainty in customer investment activity.
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Next Glaston earnings date
Q1 202629 Apr, 2026
Glaston
Next Glaston earnings date
Q1 202629 Apr, 2026
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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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