Castings, the UK’s leading iron castings business, has announced H1 PTP of £7.0m (£9.5m). Softening demand from its main customers resulted in lower foundry volumes which were compounded by the previously announced ending of a major contract at its machining business.
11 Nov 2016
H1 results
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Castings Public Limited Company (CGS:LON) | 278 4.2 0.5% | Mkt Cap: 120.9m
- Published:
11 Nov 2016 -
Author:
Ian Berry -
Pages:
4 -
Castings, the UK’s leading iron castings business, has announced H1 PTP of £7.0m (£9.5m). Softening demand from its main customers resulted in lower foundry volumes which were compounded by the previously announced ending of a major contract at its machining business.