5 Jun 2015 15:03
Thu, 14th Nov 2019 13:10
Casting's shares dropped sharply on Friday after the iron castings and machining group gave a gloomy outlook on the back of weakness in Europe. The group said it was "difficult to forecast the outcome for the remainder of the year" due to concerns over the strength of the recovery in Europe. "Howev
Read moreIndustrial engineering stocks were out of favour on Friday after Rotork and Castings disappointed with results and the market gave a muted reaction to a trading update from sector peer IMI. Rotork, the actuator manufacturing and flow-control company, saw shares drop 3.8% at 2,404p in afternoon trade
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