Company
Castings PLC
LON:CGS
Castings P.L.C. supplies spheroidal graphite iron castings to a variety of manufacturing industries from its fully mechanized foundries at Brownhills. The Company's subsidiaries include William Lee Limited and CNC Speedwell Limited, both of which are 100% owned and are based in the United Kingdom. William Lee Limited supplies spheroidal graphite iron castings from Dronfield, Sheffield and CNC Speedwell Limited is a machinist operation.
31 stories · page 1 of 2
Castings swings to interim loss but declares dividend
The firm said the current heavy-truck schedules suggest output returning to pre-coronavirus (COVID-19) levels
FTSE 100 ends the week lower, Wall Street holds into vaccine hopes
The US Dow was up 274 points, 1%, to 29,355.1 at noon ET
Friday the 13th fears sees corporate calendar almost bare, though Castings is not spooked
The small-cap metals fabricator is not afraid to announce its half-year results on such an inauspicious day
Castings retains dividend and brings some staff off furlough as it anticipates demand recovery
Demand collapsed by 80% in late March but the company said output levels have now improved off lows seen in April.
Castings cranks up profits but warns gains may not be sustained as politics plays out
The company posted first-half profits before tax of £7.34mln, up 27% year-on-year on the back of improving sales
Archive
FTSE 100 closes lower as trade optimism wanes after Trump comments
The UK's premier share index closed down 47.03 points at 7,359.38. On the week as a whole though, it gained some ground, nudging up 0.78%
Archive
FTSE 100 closes in the red as global equity markets lag
The UK's premier shares index finished the afternoon session off nearly 31 points at 7,367
Archive
Blue-chip tobacco takes focus on Wednesday as BAT updates on trading
Investors in the FTSE 100 tobacco firm are likely to focus on its next-generation products as the number of cigarette and pipe smokers continues to fall
Archive
Tesco to provide the nibbles as the markets continue to eye US trade and Tory leadership battles
Aide from Tesco's latest update, a number of lesser-known blue chip firms will also report in the Week Ahead including British American Tobacco, Ferguson, DS Smith, and Halma
Castings enjoys benefits from manufacturers' stock-building
“The foundries have seen improved margins during the second half with enhanced productivity and a reversal in the time lag in passing on raw material price increases”
Investments and investor services
FTSE 100 flatlines at close as sterling gains on Brexit optimism
The UK blue-chip benchmark closed up 0.68 at 7,053, while the FTSE 250 added over 174 points at 18,985
Archive
Taylor Wimpey and Vodafone to lead the way on a busy Tuesday in the City
The City diary is filled to the brim, with updates expected from Taylor Wimpey, McCarthy & Stone, Vodafone, Premier Foods, Experian and many more
Archive
Housebuilders to take centre stage again after Persimmon boss drama
The week ahead includes trading updates from Bovis Homes and Taylor Wimpey, full year results from McCarthy & Stone, interims from Royal Mail, Vodafone and Premier Foods along with a batch of UK data
FTSE 100 closes in the red as miners weigh and wage growth disappoints
The blue-chip index of leading shares closed down almost 31 points at 7,611
Archive
Will latest UK employment, average earnings data justify recent Bank of England interest rate rise?
Aside from the UK data, the Day Ahead includes first-half numbers from blue-chip miner Antofagasta and from mid-cap insurer esure - which revealed a surprise bid approach on Monday
Archive
Heatwave should provide a lift for BBQ and garden products at retailer Kingfisher
Aside from the DIY retailer's numbers, the Week Ahead diary includes updates from miner Antofagasta, and motor insurers Admiral and esure, plus a raft of key UK data
Archive
Another US rate hike on the cards for Wednesday, with UK inflation data also eyed
Aside from the latest Federal Reserve policy meeting outcome and the May UK consumer price index, ad giant WPP's AGM will also draw attention in the day ahead