AGM Statement

Castings PLC

20 August 2026

 

Castings plc

Interim Management Statement and AGM

Castings PLC ("Castings" or "the company"), the leading iron casting and machining group primarily focused on the European heavy truck market, announces a trading update ahead of the AGM being held today at 3.30pm at Castings PLC, Lichfield Road, Brownhills, West Midlands, WS8 6JZ.

As previously reported, orders and forward schedules are improving both from our traditional heavy truck customer base and from new business, largely associated with wind energy.

Whilst the power supply issue at our William Lee site was resolved at the end of May, the impact on operational efficiencies has continued which, in turn, has affected performance during June and July.

However, with continued focus on productivity, cost control and the optimisation of the new foundry line, management anticipate the full year result to be in line with market expectations.

A N Jones, Chairman

Castings plc, Lichfield Road, Brownhills, West Midlands, WS8 6JZ

20 August 2026

Notes for Editors

Castings PLC is a leading iron casting and machining group based in the UK, supplying both the domestic and export markets. It has gross foundry capacity of 80,000 tonnes p.a. and is highly invested with the latest automation technologies. This enables high mix production of low volume parts on a just in time basis to provide a competitive edge. Castings has long-term relationships with the major OEMs in its core European heavy truck market and their platforms typically last over 10 years in production. In addition to the commercial vehicle sector, Castings PLC also supplies the wind power, agriculture, rail and material handling markets. www.castings.plc.uk

 

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