Weir Group annual profit to decline following ransomware attack
Weir Group annual profit to decline following ransomware attack | Financial News
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Weir Group annual profit to decline following ransomware attack | Financial News
Investegate announcements from Weir Group PLC, Q3 trading update and cybersecurity incident
Engineering firm Weir Group said on Thursday it was the target of an attempted ransomware attack in the second half of September, which impacted third-quarter profit.
By Scott Wright THE chief executive of Glasgow-based Weir Group has declared the long-term prospects for the engineer’s mining solutions technology are in a good health as the company reported a hefty rise in first-half profits, sparked by resurgent orders as the global economic recovery stepped up. Jon Stanton pinpointed to the “multi-decade growth opportunity” open to Weir amid long-term demand for metals such as copper, nickel and lithium, which he said will play a key role in the decarbonisation of the world economy. Mr Stanton was speaking as Weir reported a 31 per cent ris...
Investegate announcements from Weir Group PLC, Director/PDMR Shareholding