GLA1VNasdaq HelsinkiSpecialty Industrial MachineryIFRS · EUR

Glaston Oyj Abp

Glaston Corporation is a Finnish technology leader in the glass processing industry, offering machinery, services, and solutions for the architectural, automotive, display, and solar industries. The company is committed to integrating smart features into glass, aiming to provide safer, smarter, and more energy-efficient solutions. Operating globally, Glaston has a significant presence in nine countries, focusing on innovation and automation in glass processing technologies. Its stock is publicly traded on Nasdaq Helsinki.

Revenue209m EUR
−4.2 %y/y
Operating profit (EBIT)4.4m EUR
−23.7 %y/y
EBIT margin2.1%
−0.5 ppy/y
Net income-987m EUR
−39,929.6 %y/y
Free cash flow-0.4m EUR
+84.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

050100150200250m EUR2021: 183 m EUR2021: EBIT 5.1 m EUR20212022: 214 m EUR2022: EBIT 7.6 m EUR20222023: 220 m EUR2023: EBIT 8.1 m EUR20232024: 218 m EUR2024: EBIT 5.8 m EUR20242025: 209 m EUR2025: EBIT 4.4 m EUR2025TTM 2026: 188 m EURTTM188
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Architecture60 %

Includes equipment for architectural glass processing.

Mobility, Display & Solar25 %

Covers technologies for automotive and solar industries.

Services15 %

Comprehensive maintenance and upgrade services.

Customers

Glaston's customer base includes companies in the architectural, automotive, display, and solar industries. Architectural firms and construction companies rely on Glaston's advanced glass processing equipment to meet modern building standards. Automotive manufacturers, especially in China, use Glaston's technologies to support the transition to electric vehicles. The company's services segment is crucial for customers seeking to maintain and upgrade existing equipment, ensuring operational efficiency and longevity.

Architectural Firms

Purchase advanced glass processing equipment for modern buildings.

Automotive Manufacturers

Use technologies for electric vehicle production.

Construction Companies

Require high-performance glass technologies.

Strategy

Glaston's strategic priorities focus on cost control, efficiency improvements, and selective growth opportunities. The company is expanding its product portfolio with the launch of the Uniglass brand, targeting new market segments in EMEA and the Americas. Glaston is also investing in automation and robotics to enhance its core products and increase production capacity. These strategic moves aim to strengthen Glaston's competitive position and ensure long-term profitability.

Cost Control and EfficiencyShort term

To ensure profitability in a challenging market.

Product Portfolio ExpansionMedium term

To increase market reach and address new segments.

Investment in AutomationLong term

To enhance product offerings and production capacity.

Geography

Q4/2025

Glaston operates globally with significant manufacturing and service operations in Finland, Germany, and China. The EMEA region accounts for the largest share of revenue, followed by the Americas and APAC. The company's strategic presence in China supports its growth in the mobility market, while its operations in the Middle East are expanding due to increasing demand for architectural glass technologies. This geographical diversity helps mitigate risks associated with regional economic fluctuations.

Europe, Middle East and Africa45 %
Americas31 %
Asia Pacific24 %

Share of the revenue the company reports by geography.

Risks

Glaston faces several risks, including geopolitical uncertainties, particularly in the US and China, which affect trade policies and customer investments. The cyclical nature of the construction industry impacts demand for architectural glass processing equipment. Additionally, fluctuations in raw material prices and currency exchange rates pose financial risks. The company's reliance on the Chinese market for mobility technologies also exposes it to regional economic slowdowns.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical Uncertainty1Dependence on Chinese Market2Cyclical Construction Industry3Raw Material Price Fluctuations4Currency Exchange Rate Risks5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical UncertaintyImpact: HighLikelihood: High

    Affects trade policies and customer investments.

  2. Dependence on Chinese MarketImpact: HighLikelihood: Medium

    Exposes to regional economic slowdowns.

  3. Cyclical Construction IndustryImpact: MediumLikelihood: High

    Impacts demand for architectural equipment.

  4. Raw Material Price FluctuationsImpact: MediumLikelihood: Medium

    Affects production costs.

  5. Currency Exchange Rate RisksImpact: MediumLikelihood: Low

    Impacts financial results.

Accounting

Judgemental items
Revenue Recognition Timing

Leads to quarterly fluctuations in financial results.

Derivative Instruments

Used for currency and interest rate hedging under IFRS 9.

Goodwill and Intangible Assets

Require regular impairment assessments.

Capital Expenditure

Focused on product development, affecting depreciation.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Glaston Oyj Abp (GLA1V) Revenue, Earnings & Financials 2025 – Clarifo