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Foundry group Chamberlin confident of full year profits

Duncan Tift
Duncan Tift
Deputy Editor, West Midlands

WALSALL-based foundry group Chamberlin has said it expects to deliver pre-tax profits in line with current market expectations despite the softening of its markets.The group had said in January that market conditions for its foundry operations had declined since the half year stage with reduced or deferred orders. As a result it had forecast profits below expectations.Its mood was more upbeat in a full-year trading update today.It said: “The board is pleased to confirm that it expects the group to deliver pre-tax profits for ... for the full story register now for free or login below...

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