Glaston sets medium-term strategic targets
GLASTON CORPORATION STOCK EXCHANGE RELEASE 15 February 2024 at 8:25Glaston’s Board of Directors has approved adjusted net sales and comparable return on capital employed (ROCE) targets and an extended target period for the strategic targets. Since the previous strategy update in August 2021 , there have been significant changes in the global economy and Glaston’s addressable markets started to soften in 2023. Due to these changes, the time for reaching the strategic targets has been modified to reflect the current expectations.