UK's Weir slips after FY revenue misses estimate, net debt rises

Weir

04/03/2026 08:37

** Shares of engineering firm Weir Group WEIR.L down 6.1% at 3,194 pence

** Co's FY net debt increases to 1.27 bln pounds vs 0.54 bln pounds a year ago

** Co reports FY rev of 2.57 billion pounds ($3.43 billion) vs Jefferies' estimate of 2.59 bln pounds

** WEIR up ~14.05% YTD

($1 = 0.7492 pounds)

 (Reporting by Megha Kumari)

 ((Megha.Kumari@thomsonreuters.com;))