Last checked at 22 Aug 2019 07:00
Castings plc
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.
B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
22nd August 2019