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CGS Castings Plc

376.00
7.00 (1.90%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Castings Plc LSE:CGS London Ordinary Share GB0001795680 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.00 1.90% 376.00 370.00 382.00 380.00 380.00 380.00 67,794 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Malleable Iron Foundries 200.99M 13.79M 0.3161 12.02 165.8M

Castings PLC AGM Statement (1897H)

16/08/2016 7:00am

UK Regulatory


Castings (LSE:CGS)
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TIDMCGS

RNS Number : 1897H

Castings PLC

16 August 2016

Castings plc

Interim Management Statement and AGM

Castings plc will be holding its Annual General Meeting this afternoon, at The Fairlawns Hotel and Spa, and at the meeting the Chairman, Brian Cooke, will make the following statement.

We have seen a softening in demand from our main customers since the statement in the Chairman's report in June. Our plan to fill the profit gap created by the ending of a major machining contract remains on course with improvements still expected from 2017/18.

We continue to invest in production techniques and technologies to ensure we remain as market leaders and maintain our competitiveness in a post-Brexit marketplace. The referendum result has given rise to uncertainty and it will take time to gauge the effect this may have on the company.

B.J.Cooke, Chairman

Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ

16(th) August 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGMBELFFQVFZBBD

(END) Dow Jones Newswires

August 16, 2016 02:00 ET (06:00 GMT)

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