Pilkington owner NSG continues to perform well

Liverpool Daily Post
February 7, 2011
COMMERCIAL, RETAIL, AUTO, FABRICATION

Nippon Sheet Glass, Tokyo, continues to perform well despite “challenging but stable” market conditions, according to a Feb. 7 Liverpool Daily Post report. The glass manufacturer employs around 1,300 people in St Helens and Ormskirk, U.K. 

For the nine months to Dec. 31, 2010, NSG recorded a net income (profit) of £13 million or $20.9 million, up from a loss of £244 million or $392.9 million the previous year, even though revenues fell 2 percent.

NSG officials said markets for its building products division, which makes glass for residential and commercial property developers, were stable.



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