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Glaston Interim Report 1 January - 30 June 2008

Finland's Glaston Technologies has released its interim report fro the period of January 1to June 30, 2008. Highlights include:

  • In January-June, orders received totaled EUR 115.1 million.
  • The company's order book on June 30, 2008 was EUR 98.9 million.
  • From January to June Glaston's net sales grew by 10 percent to EUR 135.7 million; in the second quarter, net sales totaled EUR 72.6 million.
  • Operating profit from January to June, excluding non-recurring items, was EUR 5.4 million.Operating profit in the second quarter was EUR 3.8 million;
  • Return on capital employed was 8.3 percent.
  • Earnings per share from January to June were EUR 0.05; and
  • Glaston expects net sales and operating profit for the whole year to be at the previous year's level.

CLICK HERE to read the entire release.

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