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GLASTON INTERIM REPORT 1 JANUARY - 31 MARCH 2010


 

GLASTON CORPORATION  INTERIM REPORT 4 May 2010 at 13.  

Glaston Interim Report 1 January - 31 March 2010 

                              

-Orders received in January-March totalled EUR 29.4 (26.8) million.            

-Glaston's order book on 31 March 2010 stood at EUR 36.9 (45.9) million.       

-Consolidated net sales in January-March totalled EUR 38.4 (39.2) million.     

-The operating result in January-March was a loss of EUR 1.7 (9.0 loss)        

million,i.e. -4.4 (-22.9)% of net sales.                                       

-Return on capital employed (ROCE) was -9.9 (-17.1)%                           

-January-March earnings per share were EUR -0.06 (-0.10) million               

-Glaston's outlook for 2010 is unchanged. Due to efficiency measures already   

implemented, Glaston started 2010 on a better foundation and expects 2010 net  

sales to be at least at the 2009 level and the operating result to improve     

significantly. 

For more information www.glaston.net