Brief: Castings Says Revenue Will Increase in Second Half of FY
Oct 7 (Reuters) - Castings PLC CGS.L :
* TRADING STATEMENT
* HIGHER UNIT COST FOR POWER IS BEING SURCHARGED TO OUR
CUSTOMERS
IMMEDIATELY AND WILL THEREFORE INCREASE REVENUE IN SECOND HALF
OF YEAR
* INPUT PRICE CHANGES CONTINUE TO BE PASSED ONTO OUR
CUSTOMERS
THROUGH BOTH ESTABLISHED ESCALATORS AND ADDITIONAL PRICE
INCREASES
Source text for Eikon: ID:nRSG0828Ca
Further company coverage: CGS.L
((Reuters.Briefs@thomsonreuters.com;;))