Calm again at Castings

Castings (CGS), the secretive West Midlands-based engineer, generated double-digit growth at both the top and bottom line last year, despite disruption caused by new Euro 6 truck emissions legislation. The resultant surge in demand for new exhaust systems ahead of the switch increased the company's manufacturing and transport costs. As previously flagged, commercial vehicle market conditions have quietened down, but not as much as first anticipated and customers say business should pick up during the second half.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now