Castings PLC AGM Statement (1897H)
August 16 2016 - 1:00AM
UK Regulatory
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
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