Marchat Castings – results

Marchat Castings, the graphite and iron castings maker, blamed the strong pound, price pressures from customers and problems at Rover and Transtec for a 12% fall in sales and an 11% fall in pre-tax profits in the year to 31 March. The company described its results as satisfactory given adverse conditions.

Marchat Castings, the graphite and iron castings maker, blamed the strong pound, price pressures from customers and problems at Rover and Transtec for a 12% fall in sales and an 11% fall in pre-tax profits in the year to 31 March. The company described its results as satisfactory given adverse conditions.