Glaston Oyj Abp

Veli-Matti Reinikkala, a member of the board at Glaston Oyj Abp, conducted a series of share acquisitions on November 18, 2024, at Nasdaq Helsinki Ltd. The transactions involved purchasing a total of 30,267 shares at a volume-weighted average price of 0.77277 EUR. Glaston Oyj Abp is a leader in the glass processing industry, providing technology and solutions for various sectors, and operates globally with shares listed on Nasdaq Helsinki Ltd. For more details, Kaisa Latva, General Counsel, can be contacted.

Glaston Corporation released a notification regarding a transaction by Veli-Matti Reinikkala, a member of the board. The transaction, dated November 11, 2024, involved the acquisition of shares on Nasdaq Helsinki Ltd. Reinikkala acquired a total of 27,533 shares at a volume-weighted average price of 0.806 EUR per share. Glaston is a leader in the glass processing industry, providing innovative technology and solutions globally with a focus on architectural, mobility, display, and solar industries. For more information, Kaisa Latva, General Counsel, can be contacted. Glaston’s shares are listed on Nasdaq Helsinki Ltd.

Glaston Corporation announced a stock exchange release regarding a manager's transaction involving Veli-Matti Reinikkala, a member of the board. The transaction took place on November 1, 2024, at Nasdaq Helsinki Ltd. It involved the acquisition of shares with ISIN FI4000369657. The transaction details include three separate purchases totaling 9,000 shares at a volume-weighted average price of 0.83286 EUR. Glaston is a leader in the glass processing industry, providing innovative technology and solutions to various sectors, including architectural and solar industries. The company operates globally and is listed on Nasdaq Helsinki Ltd. For more information, Kaisa Latva, General Counsel, can be contacted.

Glaston Corporation released a stock exchange notice on October 31, 2024, regarding a manager's transaction involving Veli-Matti Reinikkala, a member of the board and deputy member. The transaction, which took place on Nasdaq Helsinki, involved the acquisition of shares in Glaston Oyj Abp. The transaction details include a total volume of 20,000 shares acquired at a unit price of 0.846 EUR, with a volume-weighted average price of 0.846 EUR. Glaston is a leader in innovative glass processing technology, serving various industries and committed to advancing safer and more energy-efficient glass solutions. For more information, contact Kaisa Latva, General Counsel.

José Yepes, Glaston Corporation's Senior Vice President of Mobility, Display & Solar and a member of the Executive Leadership Team, is leaving the company on October 31, 2024, to explore new opportunities. Glaston announced plans on October 30, 2024, to reorganize to enhance service capabilities and operational efficiency, with changes effective January 1, 2025. Until then, Miika Äppelqvist will lead the Mobility, Display & Solar Business Area alongside his role as SVP Architecture. CEO Toni Laaksonen expressed gratitude for Yepes' contributions. Glaston, a leader in glass processing technology, operates globally and is listed on Nasdaq Helsinki.

Glaston Corporation released its January-September 2024 interim report, highlighting cautious development in the architectural glass processing equipment market and growth in China's mobility glass processing market, though the latter is expected to remain volatile. The company's net sales are projected to remain at 2023 levels, with comparable EBITA estimated between EUR 14.5−16.0 million. The third quarter saw a 5% increase in order intake compared to the previous quarter, with significant growth in the Mobility, Display, and Solar segment compensating for a decline in the Architecture segment. Net sales increased by 4% to EUR 55.4 million, and profitability improved with a 7% rise in comparable EBITA. Glaston is transferring production from Switzerland to China to enhance efficiency, resulting in workforce reductions in Switzerland. CEO Toni Laaksonen noted positive feedback on Glaston's technology and innovations, and the company plans organizational changes to boost strategy execution and service capabilities. Market activity is expected to remain slow in the final quarter, with a focus on securing order intake and project deliveries. An analyst and press meeting will present the financial results. Glaston is a leader in glass processing technology, operating globally with its shares listed on Nasdaq Helsinki.

Glaston Corporation announced plans to accelerate its strategic growth and profitability initiatives, focusing on improving customer experience, especially in services. The company will maintain its medium-term strategic targets and introduce a new initiative called 'Industry-leading customer service.' Organizational changes include the creation of three new Business Functions, with a global focus on production operations, supply chain management, and development. Changes in the Leadership Team will take effect on January 1, 2025, with Miika Äppelqvist appointed as Chief Solutions & Operations Officer. The company does not anticipate significant net cost changes from the organizational restructuring. Employee consultations will be conducted as needed. Glaston aims to enhance customer experience and profitability by optimizing production and supply chain efficiency. The company operates globally in the architectural, mobility, display, and solar markets, with its shares listed on Nasdaq Helsinki Ltd.

Glaston Corporation announced that Robert Prange, a member of its Executive Leadership Team and SVP of Automation & SCM, will leave the company on October 13, 2024, to pursue new opportunities. As an interim measure, the Automation & Innovation and Sourcing & Supply Chain Management functions will report to the Business Areas and global functions, with no immediate plans to recruit a replacement for the SVP position. CEO Toni Laaksonen thanked Prange for his contributions and wished him well. Glaston Corporation is a leader in glass processing technology, providing equipment and solutions to various industries and is listed on Nasdaq Helsinki Ltd.