Castings PLC (CGS.L)
Castings PLC operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Brownhills, WM, GB. The stock last traded at $303.07, down 1.60% on the session, giving a market capitalisation of $131.8M. Its beta of 0.43 implies it has historically moved less than the broad market.
Castings P.L.C. is a long-established company specializing in the production of iron castings and precision machining. Its operations are structured around two key divisions: Foundry Operations and Machining Operations. The company manufactures a diverse range of cast iron materials, including ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, grey iron, and Ni-resist grades. Beyond casting, Castings P.L.C. provides a comprehensive suite of value-added services. These encompass various heat treatments such as fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering. Additionally, they offer extensive surface finishing capabilities, including automotive standard e-coating, powder coating, galvanizing, plating, gas-based surface treatments, and plastic and metal spray coating. Assembly and insulation services further complement their offerings. The company primarily caters to the commercial vehicle and automotive sectors, as well as a variety of other industrial markets. With a significant international presence, Castings P.L.C. serves clients across the United Kingdom, Sweden, the Netherlands, Germany, the broader European continent, North and South America, and other global regions. Tracing its origins back to 1835, Castings P.L.C. is headquartered in Brownhills, United Kingdom.
Castings PLC is most often compared with the following Industrials names: