Inside information: Glaston - the scope of a significant order changes and order book is reduced, outlook unchanged
GLASTON CORPORATION INSIDE INFORMATION 21 June 2023 at 18.00On 12 August 2022, Glaston announced that the company had received a strategically important order from a glass processor in Europe for multiple insulating glass lines, MULTI’ARRISSERs and machines for spacer frame production, with a total value of approximately EUR 31 million. The deliveries were to take place between Q2/2023 and Q3/2025. Due to the customer’s decision to review part of their investment, there have been changes to the scope and schedule of the project. The later phases of the order will be cancelled,