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Castings PLC

CGS.L•LSE
Industrials
Industrial - Machinery
£270.00
£15.00(5.88%)
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Over the last four quarters, Castings PLC achieved steady financial progress, growing revenue from $115.39M in Q4 2022 to $89.18M in Q2 2024. Gross profit stayed firm with margins at 17% in Q2 2024 versus 19% in Q4 2022. Operating income totaled $3.50M in Q2 2024, maintaining a 4% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $7.69M. Net income dropped to $3.07M, with EPS at $0.07. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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