Castings has released an exceptionally strong set of interims for the six months to the end of September. Revenue growth of 30% was driven largely by increases in price per tonne from the Foundry business due to cost surcharges and customers taking higher value products. As a result, operating profit increased 31% to £9.6m and we lift our FY24 estimates by 3.7% to £19.2m. We also factor in the impact of a new £17m planned production line that is expected to come on stream in FY26 to help meet fo ....
