Engineering
Date: Wednesday 19 Feb 2014
LONDON (ShareCast) - A cautious update was released by Castings on Wednesday, in which it had seen anticipated reduction in demand in early 2014, although this was not as severe as originally expected.
The iron castings and machining business said the short-term variable demand had continued to "cause certain inefficiencies in our operations" and as such it anticipates that the year-end results will be in line with current market expectations.
"Whilst we expect the current level of demand to continue to the end of this financial year, it is impossible to reliably predict any further ahead," it warned.
The share price fell 1.68% to 440p by 09:30 Wednesday.
NR
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 369.00p |
Change Today | 1.00p |
% Change | 0.27 % |
52 Week High | 419.00p |
52 Week Low | 326.00p |
Volume | 13,437 |
Shares Issued | 43.36m |
Market Cap | £159.99m |
RiskGrade | 174 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 1 |
Buy | 0 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 1 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 23-Nov-23 | 20-Jul-23 |
Paid | 04-Jan-24 | 18-Aug-23 |
Amount | 4.13p | 13.51p |
Time | Volume / Share Price |
16:07 | 12 @ 368.50p |
13:54 | 1,329 @ 374.00p |
13:14 | 275 @ 373.99p |
12:47 | 5,000 @ 368.00p |
12:44 | 5,317 @ 368.00p |
You are here: research