Full Year 2025 Castings PLC Retail Investor Webinar Transcript
Good afternoon, and welcome to this webinar with Castings PLC hosted by Yellowstone Advisory. We're delighted to have with us today, Adam Vicary, the CEO; and Steve Mant, the Finance Director.
And I now hand over to you, Adam to start today's presentation.
So yes, if we summarize where '24, '25 was, that's pretty much in the first slide that you can see slide 2. We saw volumes down about 20% during the year, which made it a pretty challenging year, perhaps worse than that, the quarter-by-quarter, which I think is on slide 10, you'll see in a bit. The things deteriorated quarter after quarter, which made life a bit of a challenge in terms of labor planning and so on and so forth.
Q4 did pick up a little bit. And where we are at the moment, two months into the new financial year. We can see modest improvement over last year, probably 3% or 4%, something like that. So the sort of summary of it is that the profit was pretty much in line with the market expectations.
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