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The latest update is out from Nippon Sheet Glass Company ( (JP:5202) ).
NSG Group has revised its full-year financial forecast for March 2025, reflecting a significant decrease in expected profits due to underperformance in Q3, largely attributed to a slow economic recovery in Europe. The company is implementing measures such as production adjustments in Germany and cost-cutting strategies, including executive salary reductions, to mitigate these challenges and improve profitability.
More about Nippon Sheet Glass Company
Nippon Sheet Glass Co., Ltd. operates in the glass manufacturing industry, specializing in architectural and automotive glass products. The company is focused on adapting its operations to market conditions and enhancing its financial performance.
YTD Price Performance: 6.36%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $223.9M
Find detailed analytics on 5202 stock on TipRanks’ Stock Analysis page.
