UK's Weir Group annual revenue rises on strong demand

Weir

04/03/2026 07:13

Overview

UK engineering firm's 2025 revenue grew 6% but slightly missed analyst expectations

Adjusted operating profit for 2025 beat analyst expectations

Company made strategic progress with acquisitions and product launches

Outlook

Company expects mid-single-digit organic revenue growth and 50bps margin expansion in 2026

Weir Group targets £90m Performance Excellence savings in 2026

Company forecasts free operating cash conversion of 90% to 100% in 2026

Result Drivers

AFTERMARKET DEMAND - Strong demand for aftermarket products, especially in North and South America, drove revenue growth

PERFORMANCE EXCELLENCE - Margin expansion supported by Performance Excellence savings and software margins

STRATEGIC ACQUISITIONS - Acquisitions like Micromine and Townley enhanced market presence and product offerings

Company press release: ID:nRSD2189Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 2.57 bln
GBP 2.58 bln (21 Analysts)
FY Adjusted Operating Profit
Beat
GBP 518 mln
GBP 498.98 mln (18 Analysts)
FY Adjusted Pretax Profit
Beat
GBP 447 mln
GBP 435.34 mln (19 Analysts)
FY Orders
GBP 2.60 bln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Weir Group PLC is GBp3,240.00, about 4.8% below its March 3 closing price of GBp3,402.00

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)