Castings plc (GB:CGS) has released an update.
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Castings PLC, a premier iron casting and machining group, reports that their annual performance is expected to slightly exceed market expectations, driven by robust demand in the heavy truck sector. The company has managed stable input costs despite ongoing electricity surcharges and continues to invest in new foundry lines, automation, and sustainability measures. Full financial results are set to be announced on June 12, 2024.
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