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
  -5.00 -1.3% 380.00 378.00 382.00 392.00 380.00 392.00 18,587 15:46:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 150.2 140.5 25.2 15.1 166

Castings PLC Pre-Close Trading Update

01/05/2019 7:00am

UK Regulatory (RNS & others)

Castings (LSE:CGS)
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1 Year : From Nov 2018 to Nov 2019

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RNS Number : 6466X

Castings PLC

01 May 2019

Castings PLC

Pre-Close Trading Update

Castings PLC announces a trading update in respect of the year ended 31 March 2019 ahead of releasing its final results for the year on 12 June 2019.

Following strong demand during the second half of the financial year, which included some customer stock building, the company expects to report final results for the year ended 31 March 2019 ahead of market expectations.

The foundries have seen improved margins during the second half with enhanced productivity and a reversal in the time lag in passing on raw material price increases. The management initiatives implemented in the machining business have started to positively impact results, particularly in the final quarter of the year, although it will still take time for these to be fully realised.

S J Mant

Director and Company Secretary

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit



(END) Dow Jones Newswires

May 01, 2019 02:00 ET (06:00 GMT)

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