SinterCast AB Announces Production Results for the Second Quarter and First Half of 2018; Provides Production Guidance for the Full Year 2018
Following two consecutive quarters of record series production, year-on-year production is up 24% at the half-year point. During the first half of the year, 101,300 Sampling Cups were shipped, providing a year-on-year increase of 64% and putting the company solidly ahead of pace to exceed the previous full-year high of 168,800 Sampling Cups set in 2016.
The full-year outlook remains positive, benefitting from the anticipated start of production of a new high-volume in-line diesel engine for passenger vehicles in the third-quarter.