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Tag Archives: financial results
D’Ieteren Names New CEO as Belron Sales Continue to Grow
The D’Ieteren Group announced in an investor call on Sept. 9 that Belron once again accounted for more than 50% of its sales during the first half of 2026. The group is the majority shareholder of Belron, which operates Safelite … Continue reading
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Boyd Group Targets Growth in Auto Glass, Calibration
Glass will continue to be a key factor in the organic growth of Glass America’s parent company, according to a recent investor report. The Boyd Group published its second-quarter 2026 financial results on Aug. 12. The company is based in … Continue reading
Driven Brands Cites AGN Reporting Errors in Financial Restatement
Driven Brands Holdings Inc. (DBHI) has released its 2025 financial results. The report says prior Auto Glass Now (AGN) accounting errors contributed to DBHI’s recent restatement. DBHI held an investor call to review its 2025 fourth-quarter and full-year financial results … Continue reading
Boyd Group Reports Record First Quarter Results
The Boyd Group announced a successful first quarter during a recent investor call, though executives noted that glass didn’t drive that growth. Boyd operates Glass America as well as several other collision repair and glass brands. Boyd Group earned just … Continue reading
Driven Brands Investor Pushes for a Full Buyout
One Driven Brands Holdings Inc. (DBHI) investor has publicly announced its intent to buy all DBHI shares. ADW Capital Management LLC sent an open letter to DBHI and its controlling shareholder, Roark Capital Group, on April 30. In the letter, … Continue reading
AGN Parent Company Flags Q4 Uncertainty Amid Industry ‘Headwinds’
Auto Glass Now’s (AGN) parent company has its eyes on consumer “choppiness” across the collision repair industry going into the fourth quarter, officials told investors in a third-quarter financial call. Charlotte, North Carolina-based Driven Brands held its third quarter 2025 … Continue reading
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D’Ieteren Group Finances Take Hit from Belron Debt, Officials Say
Belron’s changes in refinancing have lowered the D’Ieteren Group’s financial results, according to the group’s financial report for the first half of 2025. Belgium-based D’Ieteren Group is the majority shareholder of Belron, a United Kingdom-based company that operates multiple automotive … Continue reading
Posted in glassBYTEs Original Story Tagged Belron, D'Ieteren Group, debt, financial results, half year financials, refinancing, Safelite 3 Comments
Boyd Claims to Outdo Industry Financially
The Boyd Group is “continuing to outperform the industry” with its same-store sales revenue, according to its recent financial report. The company lists about $1.5 billion in total revenue for the first half of 2025. Winnipeg, Canada-based Boyd Group operates … Continue reading
NSG Reports Slight Slump Due to Auto Glass
According to Nippon Sheet Glass’s (NSG) first quarter 2026 financial results, its 3% year-over-year revenue decrease comes from a small decline in its European and Asian auto glass sectors. Pilkington’s parent company reported an overall quarterly revenue of about $1.45 … Continue reading
AGN Still “Incubating,” Says Driven CEO
In an investor call the morning of August 5, Driven Brands’ CEO Danny Rivera reported the company is still developing Auto Glass Now (AGN). According to Driven’s second-quarter 2025 financial report, though AGN’s sales have increased slightly, its EBITDA (earnings … Continue reading
Posted in glassBYTEs Original Story Tagged agn, Auto Glass Now, Driven Brands, Driven Claims, financial results, second quarter Leave a comment
Glass America Parent Company Announces New CEO, Financial Results
The Boyd Group, which operates Glass America, Gerber Collision, Auto Glass Service, Auto Glass Authority and Autoglassonly.com, has a new CEO. Timothy O’Day stepped down as CEO of the Canadian automotive services company on May 14. Brian Kaner, formerly Boyd … Continue reading
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Driven Brands Reports $237.5M Revenue from Two Hundred Stores
A national automotive services company has released updated 2024 financial information accounting for its new segment organization. Charlotte, North Carolina-based Driven Brands announced it was re-dividing its segments during a Feb. 25 investor call. The Auto Glass Now (AGN) and … Continue reading
Glass Producer Cites Global Difficulties for Lower Financial Results
Şişecam released its financial results for 2024, reporting that its consolidated net sales reached $5 billion*. Şişecam produces glass for multiple sectors, including automotive. Throughout 2024, the company’s international sales accounted for 59% of total sales, investments reached $822 million*, … Continue reading
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Claims Avoidance and Weather Hampered Belron’s 2024 Sales, Executives Report
The D’Ieteren Group, which is the majority shareholder of United Kingdom-based Belron, announced its 2024 financial results on Monday, March 10. Executives reported that Belron earned solid growth for the company, though its North American results remained relatively flat. Columbus, … Continue reading
Posted in glassBYTEs Original Story Tagged 2024 financial results, Belron, D'Ieteren Group, financial results, Safelite 3 Comments
Glass Producer Faces Global Difficulties, Executives Slash Own Salaries
Nippon Sheet Glass Group (NSG), the parent company of NSG Pilkington, is continuing to battle “adverse conditions” globally, according to its third-quarter financial results for its 2025 fiscal year. The company’s third-quarter financial report says it earned about $4.1 billion … Continue reading
Glass Producer Maintains High Sales Despite Global Unrest
Turkey-based glass production company Sisecam announced overall financial success over the first nine months of 2024 despite “economic fluctuations.” The company supplies glass for multiple sectors of the glass industry, including auto glass. According to company officials, Sisecam reached $3.9 … Continue reading
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Glass America’s Parent Company “Disappointed” With Group’s Third Quarter Sales
Thanks to what company officials call “continuing soft market conditions,” The Boyd Group Services Inc.’s third-quarter 2024 sales didn’t see much growth. The Manitoba, Canada-based group operates several automotive services brands across North America, including Gerber Collision & Glass, Glass … Continue reading
D’Ieteren Group Releases Half-Year Financials
According to the D’Ieteren Group’s half-year financial results for 2024, Belron continues to make a substantial contribution to its profits. The D’Ieteren Group reports an adjusted profit before tax of around $645.5 million, with Belron producing an adjusted profit before … Continue reading
Pilkington Parent Company Doesn’t Snag a Net Profit for 2024
While Nippon Sheet Glass’ (NSG) automotive sector performed well, the company failed to get an overall return on sales (ROS) or net profit during its 2024 financial year. NSG’s 2024 financial year ran from April 1, 2023, to March 31, … Continue reading
Boyd Group Services Reports Quarterly Results
Boyd Group Services Inc. announced quarterly sales growth with $786.5 million in sales in its first quarter 2024 financial results. The Canadian company operates the auto glass brands Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, … Continue reading
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. … Continue reading