Weir Group PLC (The)

Latest Results (16.11.2025):

The Weir Group PLC reported its financial performance for the third quarter of 2025, demonstrating robust activity across its operations. In Q3 2025, the company delivered positive order growth driven by both organic performance and strategic acquisitions, despite challenging comparisons from the prior year. The report highlights increased activity in foreign markets, solid aftermarket demand, and progress in cost-saving initiatives, all while reaffirming its full year guidance on revenue growth, operating profit margins of around 20%, and strong cash conversion.

Healthy Order Performance

Weir Group PLC’s Group orders increased by 2% in Q3 2025. Notably, Group OE orders surged by 15% on an underlying basis (excluding large prior year orders), and Group AM orders grew by 10%—reflecting contributions from both organic installed base expansion and recent acquisitions.

Division Highlights

Within the Minerals division, organic OE orders (excluding significant one-off orders) grew by 13% and AM orders rose by 5%, underpinned by installed base expansion and production trends in key commodities such as copper and gold. The ESCO division showed stronger momentum with OE orders up 36% and AM orders increasing by 21%, supported by strong performance from digital solutions like MOTION METRICSTM and Micromine contributions.

Strategic Investments and Outlook

The quarter also saw strategic progress with the completed Townley acquisition and the announced Fast2Mine deal, enhancing the company’s market presence, especially in North America, and expanding its mining software capabilities. Looking ahead to Q4 and the full year of 2025, Weir Group PLC reiterated its forecast for growth in constant currency revenue and operating profit, targeting an operating margin of around 20% and strong free operating cash conversion.