Glaston to specify its outlook for the beginning of the year
GLASTON CORPORATION Stock Exchange Release 17.3.2009 at 14.00 p.m.
Glaston to specify its outlook for the beginning of the year
Due to an order intake for the first months of the year falling below
expectations and a weak order book, Glaston specifies its outlook for the
beginning of 2009, and states that operating result for the first quarter of
2009 will be negative.
In an earlier release of 10 February, 2009, Glaston Corporation expected 2009
net sales to fall short of the 2008 level and based on the weak visibility an
outlook for operating result was not given at that time.
Glaston's interim report for January-March 2009 is published on May 5, 2009.
Further information:
President & CEO Mika Seitovirta
Tel. +358 10 500 500
Sender:
Glaston Corporation
Agneta Selroos
IR and Communications Manager
Tel. +358 10 500 6105
Glaston Corporation
Glaston Corporation is a growing, international glass technology company.
Glaston is the global market leader in glass processing machines, and a
comprehensive One-Stop-Partner supplier to its customers. Its product range and
service network are the widest in the industry. Glaston's well-known brands are
Bavelloni in pre-processing machines and tools, Tamglass and Uniglass in safety
glass machines, and Albat+Wirsam in glass industry software.
Glaston's own glass processing unit, Tamglass Glass Processing, is a local
Finnish manufacturer of high quality safety glass products.
Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Mid Cap List.
www.glaston.net