Pilkington Parent Company Reports Financial Growth in Automotive Sector

Nippon Sheet Glass Company (NSG) announced it recorded $5.3 billion in revenue during the 2024 financial year and earned around $112.8 million in profit before taxes. NSG’s annual consolidated financial results ran from April 1, 2023, to March 31, 2024.

NSG owns the auto and architectural glass manufacturing company Pilkington Glass.

The financial report indicates that NSG’s automotive segment produced about 50% of its cumulative revenue, with a revenue of around $2.6 billion. NSG officials say that fewer supply chain constraints allowed sales volumes across most regions to increase.

The Americas represented 39% of NSG’s automotive sales. The region’s revenues and profits increased from 2023, which officials attributed to a recovery in vehicle sales and fewer supply chain constraints.

NSG officials expect profitability from the automotive sector to continue to increase in its 2025 financial year.

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