20 Aug 2021
Castings* - AGM Trading Update
Castings has issued an AGM trading update indicating that output in the first fiscal quarter was in line with pre-COVID years but with some scheduling and supply chain challenges which create some uncertainty through the balance of the year. However, truck demand has proven very strong and we anticipate high production at the Group should support growth and margins through FY22. Buy.
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Castings* - AGM Trading Update
Castings Public Limited Company (CGS:LON) | 335 0 0.0% | Mkt Cap: 145.6m
- Published:
20 Aug 2021 -
Author:
Andrew Simms -
Pages:
5
Castings has issued an AGM trading update indicating that output in the first fiscal quarter was in line with pre-COVID years but with some scheduling and supply chain challenges which create some uncertainty through the balance of the year. However, truck demand has proven very strong and we anticipate high production at the Group should support growth and margins through FY22. Buy.