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WEIR - Weir News Story

1311.5p -20.0  -1.5%

Last Trade - 18/09/20

Sector
Industrials
Size
Large Cap
Market Cap £3.40bn
Enterprise Value £4.58bn
Revenue £2.43bn
Position in Universe 201st / 1807

BRIEF-Weir Group HY Cont Ops Revenue £1,095 Mln Vs £1,329 Mln

Wed 29th July, 2020 7:21am
July 29 (Reuters) - Weir Group PLC  WEIR.L :
    * REPORTS ITS INTERIM RESULTS FOR SIX MONTHS ENDED 30 JUNE 2020
    * NO INTERIM DIVIDEND PROPOSED DUE TO ONGOING UNCERTAINTY AND TO SUPPORT
DELEVERAGING
    * GUIDANCE REMAINS WITHDRAWN WHILE COVID-19 UNCERTAINTY REMAINS
    * HY CONTINUING OPERATIONS REVENUE £1,095M VERSUS £1,329M
    * HY NET DEBT £1,167M VERSUS £1,157M
    * DELIVERY OF £100M IRON BRIDGE ORDER ON TRACK; MAJORITY TO BE DELIVERED IN
H2
    * LONG-TERM OUTLOOK FOR MINING REMAINS POSITIVE
    * HY CONTINUING OPERATIONS PROFIT BEFORE TAX £108M VERSUS £147M 

Source text for Eikon:  ID:nRSc3885Ua 
Further company coverage:  WEIR.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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