Castings has released a brief statement ahead of the AGM confirming full year expectations remain unchanged, despite continued subdued demand from the heavy-truck market so far this year, as management remain focused on productivity and cost control. Whilst truck volumes are indicated to be 10-15% below normalised trends, we are reassured to hear from the major truck OEMs during Q2 that the European truck market is stabilising with some companies experiencing positive order intake, albeit Castin ....
