16th Feb 2010 09:00
RNS Number : 1612H
Castings PLC
16 February 2010
Castings plc
Interim Management Statement
Castings plc publishes its second interim management statement covering the period 1st October 2009 to 31st January 2010.
We have seen a small increase in demand since the November statement, but as previously stated we do not expect a return to full volumes for some time. This depends on new orders and economic improvements throughout Europe.
The new foundry at William Lee has been brought into use but only at the expense of capacity elsewhere on site.
There are no other material developments to report.
B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
16th February 2010
This information is provided by RNS
The company news service from the London Stock Exchange