Castings (#CGS) – “third-party power supply issue at our William Lee site continued to impact results in the first half of the year”

Castings (#CGS) – a power supply issue resolved, whilst also affected performance in June and July “anticipate the full year result to be in line with market expectations”

Castings (#CGS) – FY EPS up to 17.4p, DPS maintained at 18.4p, “forward schedules from our customers currently suggest an increase of 5%-10%”

Castings (#CGS) – H1 EPS up to 8.58p, DPS maintained at 4.21p, FY “demand schedules… continue to reflect the lower build rates that the heavy truck OEMs have reported”

Castings (#CGS) – commercial vehicle customers demand “remained at lower levels”, emphasises its “productivity and cost control”

Castings – “substantially below market expectations”, argues currently some recovery but how much will be delivered?

Most recently writing on iron casting and machining company Castings (CGS), in August with the shares falling towards 320p I concluded that ‘there is still likely strong balance sheet support but, with demand “potential for a slight increase in the autumn” now already to that “unlikely… before at least early 2025”, the trading trajectory suggests it prudent to continue to avoid’. The shares most recently closed at 288p and what about them currently further down towards 250p on the back of a “Trading Statement”?

Castings (#CGS) – demand for heavy trucks dropped further, expects FY “substantially below market expectations”

Castings (#CGS) – H1 EPS down to 7.07p, DPS up to 4.21p, FY demand schedules continue to reflect heavy truck lower build rates

Castings – in just over 2 months from demand “potential for a slight increase in the autumn” to now “unlikely… before at least early 2025”!

Previously writing on iron casting and machining company Castings (CGS), in June with the shares at 372p the conclusion was ‘concern for the next results statements from this 362p offer price tip from last year. With also 32.64p per share of dividends banked since, we’re now happy to bank the overall gain here. Sell’ HERE. So what of today an “AGM Statement” from the company?

Castings (#CGS) – profit warning, noting commercial vehicles buying decision caution particularly in Europe

Castings – strong full-year results, but what about the outlook; bank gains?

Iron castings and machining company Castings (CGS) has announced results for its year ended 31st March 2024 and that it “will continue to develop opportunities with existing customers in areas such as the electrification of lighter trucks and build relationships in other markets such as wind energy, agriculture and in the US”. The share price is 372p in response so what to do?

Castings (#CGS) – acquisition of fixed assets and stock of Russell Ductile from administrators for £0.4m

Castings – interims, further ‘ahead of market expectations’ value

Iron castings and machining company Castings plc (CGS) has announced results for its half-year ended 30th September 2023 and an outlook “marginally ahead of market expectations”. What of the shares further higher in response?

Castings – half-year trading update, a “high level of demand” Buy

Iron casting and machining company Castings plc (CGS) has announced that its schedules continue to reflect strong heavy trucks demand (approximately 75% of revenue) and plans to further capitalise on this in both the short and long term.

Castings (#CGS) – notes “high level of demand” and initiatives in place to capitalise on it

Castings – AGM trading statement, still further upside on this winning share tip?

Foundry and Machining company Castings (CGS) has issued an AGM trading statement including that “schedules are starting to reflect the underlying demand in the market” and “input prices appear to have stabilised in the current year”. Good news?

Castings (#CGS) – schedules “starting to reflect the underlying demand in the market”, input prices stabilisation

Castings – positive full-year results, still further upside?

Foundry and Machining company Castings (CGS) has announced results for its year ended 31st March 2023 and that “customers continue to increase schedules”. So more good news from a now above 400p share price?

Castings – anticipates full-year “ahead of market expectations”, Buy

Iron castings and machining operations company Castings (CGS) has announced it now anticipates year ended 31^st March 2023 performance to be ahead of market expectations and that forward demand schedules continue to reflect strong order books across its customer base.

Castings plc – a value and income Buy

Shares in Castings plc (CGS) have recently recovered to above 350p after positive trading and results statements towards the end of last year. However, they remain well down on levels achieved in prior years despite a positive outlook and look to be a value and income Buy at current levels.