Glaston Oyj Abp 2016 AR2
The report highlights Glaston's performance in 2016, a year characterized by a challenging market environment that began to recover in the final months, particularly in the EMEA region. The company focused on improving operational efficiency, which included closing its factory in Brazil and consolidating machine production in Finland and China. Glaston revised its strategy to focus on growth, technology leadership, and customer experience, launching new products like the ProL laminating line and the Glaston Insight digital service platform. Financially, net sales decreased by 13% to EUR 107.1 million, while the order book grew by 18% to EUR 45.6 million. The company also established an Emerging Technologies unit in early 2017 to focus on smart glass and solar energy applications.
Company: Glaston Oyj Abp
Sector: Manufacturing
Country: Finland
Year: 2016
Type: AR2
Pages: 106
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Glaston Oyj Abp
Annual Review
The report highlights Glaston's performance in 2016, a year characterized by a challenging market environment that began to recover in the final months, particularly in the EMEA region. The company focused on improving operational efficiency, which included closing its factory in Brazil and consolidating machine production in Finland and China. Glaston revised its strategy to focus on growth, technology leadership, and customer experience, launching new products like the ProL laminating line and the Glaston Insight digital service platform. Financially, net sales decreased by 13% to EUR 107.1 million, while the order book grew by 18% to EUR 45.6 million. The company also established an Emerging Technologies unit in early 2017 to focus on smart glass and solar energy applications.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees