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About Glaston Oyj Abp
Its shares trade on Nasdaq Helsinki under the ticker GLA1V.HE. It has been listed since 2 April 2001. In the fiscal year to 31 December 2025, it reported revenue of €208.8m and net income of €1.2m. At that date it held total assets of €172.4m and shareholders' equity of €63.8m.
Glaston Oyj engages in the provision of glass processing solutions. The company is headquartered in Tampere, Lansi-Suomen. The company went IPO on 2001-04-02. As of February 2013, the Company operated within thwo business segments: Machines and Services. The Machines segment offers a range of production machinery and tools for the glass industry, such as machines for glass cutting and drilling, edge shaping and polishing, horizontal tempering, bending, bend tempering and laminations. The Services segment provides maintenance services, spare parts and accessories, machine upgrades and modernizations, remote monitoring and diagnostics, as well as training and consulting services. On February 4, 2013, it sold all the shares in Albat+Wirsam Software GmbH to Constellation Software Inc., which lead to the discontinuation of the Software Solutions segment.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 2 Apr 2001
- Employees
- 803
- Website
- glaston.net ↗
Leadership
Pay as last reported
- Mr. Veli-Matti ReinikkalaNon-Executive Independent Chairman of the Board€97,600
- Ms. Miika AeppelqvistChief Executive Officer, Member of the Executive Leadership Team
- Mr. Sebastian BondestamIndependent Deputy Chairman of the Board€52,500
- Mr. Magnus SjoeblomChief Financial Officer, Member of the Executive Leadership Team
- Mr. Joe ButlerExecutive Vice President - Sales & Service Americas
- Mr. Kimmo KuuselaExecutive Vice President - Sales & Service, EMEA and APAC
- Mr. Robert JenksExecutive Vice President - Service Supply & Development, Member of the Executive Leadership Team
- Mr. Jens MayrExecutive Vice President - Solutions and Operations
- Ms. Riikka LaitasaloSenior Vice President - People & Culture, Member of the Executive Leadership Team
- Ms. Minna ToiviainenGeneral Counsel, Member of the Executive Leadership Team
- Mr. Antti KaunonenDirector, since 2018€41,000
- Ms. Arja TalmaIndependent Director€53,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 50
- Environment
- 40
- Social
- 57
- Governance
- 53
- Direct emissions (scope 1)
- 552 t
- Energy emissions (scope 2)
- 686 t
- Value chain emissions (scope 3)
- 322,644 t
- Women in the workforce
- 16%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Glaston Oyj Abp's Machines segment offers glass cutting and drilling machinery for the glass industry.
- The Services segment provides maintenance, spare parts, and remote diagnostics for glass processing equipment.
- Glaston's 803 employees support comprehensive glass processing solutions across multiple segments.
Weaknesses
- The discontinuation of the Software Solutions segment after selling Albat+Wirsam Software GmbH in 2013.
- Glaston's focus on machinery and services may limit diversification in the glass industry.
- The company's reliance on the Machinery segment for core revenue generation.
Opportunities
- Expanding the Services segment with remote monitoring and diagnostics for glass processing equipment.
- Growing demand for glass processing machinery in the European glass industry.
- Increasing market share in the Machinery segment through new product development.
Threats
- Competition from other machinery providers in the glass processing sector.
- Economic downturns affecting the glass industry's investment in new machinery.
- Potential regulatory changes impacting glass manufacturing processes.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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