Turnover reaches £150m at a Walsall-based engineering firm
Castings reported revenues of £150.2m for the year to 31 March 2019, up from £133.3m from this time last year with pre-tax profits also up to £14.1m from £12.1m.
A statement from the company said its foundries had increased output and improve profitability during the period. It said its CNC Speedwell business is now back under operational control with a new management team and engineering improvements being made on specific parts have started to improve the profitability
“The foundries have seen an increase in output and i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...