Interim Management Statement and AGM
Castings plc will be holding its Annual General Meeting this afternoon at The Fairlawns Hotel and Spa and at the meeting the Chairman, Brian Cooke, will make the following statement.
Following a strong first quarter, we have experienced a slight softening in demand from the majority of our main commercial vehicle customers.
With the engineering and productivity improvements in the machining business starting to be realised, we continue to expect the result of CNC Speedwell to improve in the current financial year.
Against a backdrop of continued uncertainty surrounding Brexit, our investment remains focused on production techniques and technologies to improve our productivity and profitability.
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
22nd August 2019
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: Castings PLC
Market Cap: £166.67 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE