RE:Results out and look goodDepressed sales / revenues was expected – but I am buoyed by the + statements for both the automotive and castings segments regarding their respective sales pipelines. If these were sputtering I’d feel less easy. Nice to see them navigate these waters well. COVID has been ruthless in showing the financial health / leadership of companies (or lack thereof).
Quoting activity remains encouraging and we see ample opportunity to maintain our longer term trend of increasing our content per vehicle across our portfolio of businesses.
Looking forward, quoting activity within all groups in this segment is strong, particularly within the Large Mould group which is seeing heightened interest from both new and existing customers arising from its leading industry position. DudeRancher1953 wrote: XTC just reported and the numbers look pretty good. Sales off as expected but CF was really great with substantial debt reduction.