26 Feb 2021
Castings* - Trading Update Inline – Upside to FY22
Castings has released a trading update highlighting that output levels have, in general, been strong and inline with previous trajectory noted at the interim results in November. The Group indicates that results for FY21 are anticipated to be in line with market expectations. Following on from this, we believe upside risk to forecasts for FY22 could result in meaningful share price returns. Buy
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Castings* - Trading Update Inline – Upside to FY22
Castings Public Limited Company (CGS:LON) | 369 0 0.0% | Mkt Cap: 160.4m
- Published:
26 Feb 2021 -
Author:
Andrew Simms -
Pages:
7
Castings has released a trading update highlighting that output levels have, in general, been strong and inline with previous trajectory noted at the interim results in November. The Group indicates that results for FY21 are anticipated to be in line with market expectations. Following on from this, we believe upside risk to forecasts for FY22 could result in meaningful share price returns. Buy