16 Aug 2022
Castings Plc (CGS LN) - AGM Update: Strong trading maintained
Trading in the first four months of the year has remained strong with the improving levels of demand seen in Q4 FY22 being maintained into the early part of FY23. Commercial vehicle customers (c. 70% of revenue) have sustained the higher levels of demand with little disruption from the supply chain issues that had been experienced in FY21 and the early part of FY22, suggesting that these have eased. As indicated in the FY22 results back in June, input cost pressures have continued to rise but, t ....
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Castings Plc (CGS LN) - AGM Update: Strong trading maintained
Castings Public Limited Company (CGS:LON) | 331 0 0.0% | Mkt Cap: 143.8m
- Published:
16 Aug 2022 -
Author:
Andy Hanson -
Pages:
8
Trading in the first four months of the year has remained strong with the improving levels of demand seen in Q4 FY22 being maintained into the early part of FY23. Commercial vehicle customers (c. 70% of revenue) have sustained the higher levels of demand with little disruption from the supply chain issues that had been experienced in FY21 and the early part of FY22, suggesting that these have eased. As indicated in the FY22 results back in June, input cost pressures have continued to rise but, t ....