Castings PLC AGM Statement (8206J)
August 22 2019 - 2:00AM
UK Regulatory
TIDMCGS
RNS Number : 8206J
Castings PLC
22 August 2019
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.
Following a strong first quarter, we have experienced a slight
softening in demand from the majority of our main commercial
vehicle customers.
With the engineering and productivity improvements in the
machining business starting to be realised, we continue to expect
the result of CNC Speedwell to improve in the current financial
year.
Against a backdrop of continued uncertainty surrounding Brexit,
our investment remains focused on production techniques and
technologies to improve our productivity and profitability.
B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8
6JZ
22(nd) August 2019
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END
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