ims (extract)21 Aug 2014 16:10
Castings plc will be holding its Annual General Meeting this afternoon and at the meeting the Chairman, Brian Cooke, will make the following statement.
Following the statement in the chairman's report in June it is disappointing to report that sales up to the end of July are below our expectations. We are also experiencing operational issues due to the change of work mix. Management are addressing the issues and it is hoped, with a forecast of an increasing order book, the situation will improve during the remainder of the financial year.