Castings PLC Issues Trading Update and Revises FY27 Profit Expectations
10/27/2026
Impact: -65
Unknown
Castings PLC lowered its FY27 adjusted profit-before-tax expectations to broadly match the prior year, excluding historical R&D tax credits, as production arrears from earlier disruptions remain unresolved despite a strong forward order book. Revenue expectations are unchanged and in line with analyst consensus of £181.1 million. A third-party power supply disruption at the William Lee site, resolved in May, led to catch-up costs that continued beyond the restoration date. The company plans to report half-year results on 11 November 2026.
AI summary, not financial advice
Share: