Chamberlin Q3 underlying demand below management expectations
10th Apr 2024 10:27
(Sharecast News) - Castings and machining group Chamberlin said on Wednesday that underlying demand was below internal expectations during Q3, with lower than anticipated sales "negatively" affecting profitability and working capital.
Read moreChamberlin chairman, finance director announce resignations
5th Apr 2024 11:45
(Sharecast News) - Specialist castings and engineering group Chamberlin announced significant changes to its board on Friday, with non-executive chairman Keith Butler-Wheelhouse retiring from the board with immediate effect after 12 years of service.
Read moreChamberlin reports strong growth at Russel Ductile Castings
15th Dec 2023 14:21
(Sharecast News) - Specialist castings and engineering company Chamberlin updated the market on Russell Ductile Castings (RDC), a foundry based in Scunthorpe, on Friday.
Read moreDirector dealings: Senior board member buys £26k of Kingfisher shares
8th Jun 2022 13:37
(Sharecast News) - B&Q owner Kingfisher was on the list of buys on Wednesday, after its senior independent director spent more than £26k on shares.
Read moreChamberlin raises £1.8m to strengthen balance sheet
2nd Feb 2022 12:44
(Sharecast News) - Castings and engineering company Chamberlin has conditionally raised £1.8m before expenses, it announced on Wednesday, to strengthen its balance sheet and continue to execute its forward strategy.
Read moreChamberlin wins components order for 'major' London project
4th Jan 2022 16:16
(Sharecast News) - Castings and engineering company Chamberlin announced the award of a "significant" new order for its Scunthorpe-based iron and steel casting foundry Russell Ductile Castings (RDC) on Tuesday.
Read moreChamberlin flags losses after restructuring and contract loss
9th Jul 2021 08:54
(Sharecast News) - Specialist castings and engineering company Chamberlin updated the market on its trading on Friday, reporting that following the loss of the BorgWarner contract late last year, and the consequential restructuring of operations and refinancing, it would report a loss for the extended accounting period ended 31 May.
Read moreChamberlin reports solid trading as it completes restructure
19th May 2021 14:48
(Sharecast News) - Castings and engineering company Chamberlin updated the market on its operations on Wednesday, reporting that the restructuring of Chamberlin and Hill Castings (C&H) and the integration of C&H and the Chamberlin head office was now completed, in line with expected cost savings.
Read moreChamberlin raises £3.5m, carries on with cost-cutting programme
26th Mar 2021 08:04
(Sharecast News) - Castings and engineering group Chamberlin said on Friday that it has conditionally raised approximately £3.5m thanks to a placing of 40.83m new ordinary shares at a price of 6.0p per share with both institutional and other investors and a subscription for 17.5m new ordinary shares at the placing price by non-executive director Trevor Brown.
Read moreTop Chamberlin customer scraps contracts from January
16th Dec 2020 12:00
(Sharecast News) - Chamberlin shares dropped after the castings and engineering group said its major customer planned to cancel all contracts before the end of January.
Read moreChamberlin loses major customer due to early transition
23rd Nov 2020 11:00
(Sharecast News) - Castings and engineering group Chamberlin said on Monday that it had lost a major customer as a result of volatile demand due to Brexit, Covid-19 and customer safety stock building.
Read moreRestructuring and Covid costs behind losses at Chamberlin
29th Sep 2020 15:51
(Sharecast News) - Castings and engineering company Chamberlin said on Tuesday that sales for the year ended 31 March were expected to be £26.1m, down from £33m year-on-year.
Read moreChamberlin shares surge following 'major' contract wins
6th Dec 2019 09:18
(Sharecast News) - Casting and engineering group Chamberlin saw shares skyrocket in early trade after the firm announced the award of two new major contracts.
Read moreChamberlin loss deepens amid weaker automotive demand
18th Nov 2019 09:18
(Sharecast News) - Chamberlin on Monday reported a widened interim loss after revenue slid on the back of a reduction in demand from the automotive industry.
Read moreChamberlin sees shares slide as losses widen
4th Jun 2019 12:58
(Sharecast News) - Shares in Chamberlin fell heavily on Tuesday, after the specialist engineering and castings firm saw its full-year losses widen.
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