Castings Public Limited CompanyLSE: CGS

Full Year Results Presentation 2025 (castings plc fy25 results presentation final)

· Issued by Castings Public Limited Company


Final results

31 March 2025

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Challenging year, high levels of investment, dividend increase

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A tough landscape:

  • Volumes down 21% (L4L) to 40,000 tonnes

  • Operating profit £4.8m (FY24 - £19.8m)

  • Heavy truck market "normalised"

  • High geopolitical and macroeconomic uncertainties

    However:

  • PBT broadly in line with market expectations

  • Full year ordinary dividend up 0.4%

  • Investment for future growth

  • New foundry capacity on-track for S25

    Outlook:

    • Schedule increases suggested for A25

    • Product diversification with Castings Ductile

    • Opportunities with new foundry

    • Reducing energy prices

Key points from the year

  • Sales volumes worsened in each of first three quarters; Q4 slightly improved

  • European market tough, especially Germany

  • US market more resilient for longer, but then tariff uncertainty

  • Volume related energy penalties

  • Energy surcharges continue to reduce

  • Machine shop profitability continues

  • Castings Ductile established - spot orders, one-off costs

  • Investing for the future

  • Final dividend level maintained



The scale of the capacity investment


The scale of the capacity investment

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