22 Aug 2019 07:00
Castings plc
Interim Management Statement and AGM
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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.
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Following a strong first quarter, we have experienced a slight softening in demand from the majority of our main commercial vehicle customers.
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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.
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Against a backdrop of continued uncertainty surrounding Brexit, our investment remains focused on production techniques and technologies to improve our productivity and profitability.
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B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
22nd August 2019
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