Castings interim profits rise, chairman to step down
16th Nov 2022 10:36
(Sharecast News) - Iron casting and machining firm Castings posted a rise in interim profits and revenue on Wednesday amid strong demand, as it announced that chairman Brian Cooke plans to step down.
Read moreCastings reports 'satisfactory' profit as revenue falls
10th Jun 2020 11:40
(Sharecast News) - Castings reported a fall in total revenue in its final results on Wednesday, to £138.67m, from £150.24m a year earlier.
Read moreThursday broker round-up
9th Jan 2020 13:11
(Sharecast News) - Computacenter: UBS downgrades to sell with a target price of 1,800p.
Read moreThursday broker round-up
14th Nov 2019 13:10
(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 168p.
Read moreCastings signals 'slight softening' in demand from vehicle customers
22nd Aug 2019 11:43
(Sharecast News) - Castings told shareholders that, following a strong first quarter, it had experienced a "slight softening" in demand from the majority of its main commercial vehicle customers on Thursday.
Read moreCastings cheers investors as it announces results will beat expectations
1st May 2019 10:07
(Sharecast News) - Shares in Castings jumped in morning trading on Wednesday, after the engineering firm said full-year results would beat expectations.
Read moreSales and profit down as market softens for Castings
11th Nov 2016 08:34
(ShareCast News) - Castings posted its interim management report for the six months to 30 September on Friday, with sales for the period of £57.9m, down from £65.0m, with profit before tax of £7.08m, compared with £9.51m a year earlier. The company had reported at its annual general meeting in Augus
Read moreCastings warns of softness since Brexit vote
16th Aug 2016 13:19
(ShareCast News) - Foundry operator and machining group Castings has suffered from a softening in demand in recent weeks but the full effect of the post-Brexit market had yet to become fully clear. Ahead of the company's annual shareholder meeting, a statement was issued from chairman Brian Cooke t
Read moreDirector dealing: British Polythene CEO bags some cash
22nd Mar 2016 15:49
(ShareCast News) - The chief executive of British Polythene Industries has sold £0.35m-worth of shares in the plastic bag maker. John Langlands and his wife sold 49,532 shares mostly at a price of 710p, reaping £351,719. As a result, Langland, who has been at the company for more than 20 years and
Read moreCastings shares lift as firm sees full-year profit improvement
18th Aug 2015 11:34
(ShareCast News) - Shares in iron casting and machinery firm Castings rose as the company reported higher sales volumes and said it would post improved full year profits. At 1137 BST shares in the company were up by 3.22% to 449p. Castings said in a statement ahead of its annual general meeting tha
Read moreCastings shares drop on gloomy H2 outlook
14th Nov 2014 15:06
Casting's shares dropped sharply on Friday after the iron castings and machining group gave a gloomy outlook on the back of weakness in Europe. The group said it was "difficult to forecast the outcome for the remainder of the year" due to concerns over the strength of the recovery in Europe. "Howev
Read moreSector movers: Rotork and Castings drag engineers lower, IMI subdued
14th Nov 2014 14:06
Industrial engineering stocks were out of favour on Friday after Rotork and Castings disappointed with results and the market gave a muted reaction to a trading update from sector peer IMI. Rotork, the actuator manufacturing and flow-control company, saw shares drop 3.8% at 2,404p in afternoon trade
Read moreCastings sees recent sales fall below expectations
19th Aug 2014 11:11
Industrial engineering group Castings sent its share price into the red on Tuesday after admitting its recent sales have been below its expectations and that it was experiencing operational issues due to the change of work mix. The update comes after the group said in June that its customers' requi
Read moreDemand reduction lower than feared at Castings
19th Feb 2014 09:22
A cautious update was released by Castings on Wednesday, in which it had seen anticipated reduction in demand in early 2014, although this was not as severe as originally expected. The iron castings and machining business said the short-term variable demand had continued to "cause certain inefficie
Read moreSector movers: Weir leads industrial engineers higher
20th Jan 2014 15:07
Industrial engineers were making decent gains on Monday with sector heavyweight Weir among the best performers on the back of upbeat comments from analysts. The oil and gas engineer was up 4.2% at 2,227p in afternoon trade with a 'buy' rating from Redburn helping sentiment. "Weir's valuation compa
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