Weir submits 'more ambitious' emissions reduction targets
20th Jul 2022 07:10
(Sharecast News) - Engineering firm Weir has submitted "more ambitious" scope 1,2 and 3 emissions reduction targets to the Science Based Targets Initiative for validation.
Read moreWeir Group sees hit of up to £20m from Russia exit
28th Apr 2022 14:40
(Sharecast News) - Engineering group Weir said it would take a hit of up to £20m as it announced an exit from Russia due to the Ukraine war.
Read moreWeir Group refinances main banking facility
13th Apr 2022 08:31
(Sharecast News) - Engineering firm Weir Group has completed the refinancing of its main banking facility, with a syndicate of 11 global banks.
Read moreWeir Group buy's Canada's CIS for £20m
11th Apr 2022 07:33
(Sharecast News) - Weir Group said it had bought Carriere Industrial Supply Limited, which makes and distributes parts and aftermarket service to the Canadian mining industry for £20m.
Read moreWeir Group FY revenue and operating proftis tick up
2nd Mar 2022 07:43
(Sharecast News) - Engineering firm Weir Group said on Wednesday that both full-year revenue and operating profits had ticked up slightly thanks to a double-digit increase in orders.
Read moreWeir to buy Canada's Motion Metrics for up to £148m
5th Nov 2021 09:40
(Sharecast News) - Weir Group has agreed to buy Motion Metrics, a Canadian mining technology business, for up to £148m.
Read moreWeir revises guidance in wake of cybersecurity incident
8th Oct 2021 10:23
(Sharecast News) - Weir Group was in the red on Friday morning, after it announced that it was "managing the consequences" of a sophisticated attempted ransomware attack that took place in the second half of September.
Read moreBarbara Jeremiah to succeed Charles Berry as Weir chair
3rd Sep 2021 07:56
(Sharecast News) - Weir Group said on Friday that Charles Berry will retire as chairman after the annual meeting in April 2022, having done a full nine-year term, with Barbara Jeremiah set to take over.
Read moreWeir, ITV set for demotion in next FTSE reshuffle
25th Aug 2021 12:41
(Sharecast News) - Broadcaster ITV and engineering firm Weir are set for a demotion from the FTSE 100 in the next reshuffle, while takeover targets Morrisons and Meggitt are in line for a promotion.
Read moreJPMorgan upgrades Weir, cites good entry point
19th Aug 2021 10:48
(Sharecast News) - JPMorgan Cazenove upgraded Weir Group to 'overweight' from 'neutral' on Thursday and lifted the price target 1,970p from 1,800p, citing a good entry point.
Read moreWeir resumes dividend after 'good start' to year
29th Jul 2021 08:06
(Sharecast News) - Industrial engineering company Weir Group reported a 17% improvement in orders at constant currency in its first half on Thursday, to £1.09bn, which it said was driven by demand for more sustainable mining technology.
Read moreWeir Group Q1 revenues 'stable'
29th Apr 2021 08:43
(Sharecast News) - Mining technology firm Weir Group said on Thursday that first-quarter revenues were stable, leading the company to note that full-year profit growth looked set to be in line with market expectations.
Read moreThursday broker round-up
4th Mar 2021 13:25
(Sharecast News) - Weir: Deutsche Bank downgrades to hold with a target price of 2,000p.
Read moreDeutsche cuts Weir to 'hold' after results disappoint
4th Mar 2021 10:19
(Sharecast News) - Deutsche Bank downgraded Weir Group to 'hold' after disappointing orders and no dividend announced at its recent results.
Read moreRevenue and earnings fall as orders contract for Weir Group
2nd Mar 2021 07:54
(Sharecast News) - Weir Group reported a 4% fall in revenue in its final results on Tuesday, or 1% at constant currency, to £1.97bn, as its orders slid 13% at constant exchange rates to $1.86bn.
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