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Weir has secured mining technlogy deal in Ukraine By Scott Wright WEIR Group has reported an 11 per cent rise in orders from continuing operations for the first quarter amid improving conditions in the mining and infrastructure markets, supported by “near-record” commodity prices. Glasgow-based Weir, which provides equipment to the global mining industry, flagged an encouraging start to the year after profits were hit in 2020 by the impact on activity from coronavirus. Weir’s pre-tax profits from continuing operations fell by three per cent to £184 million last year, which chief ...

29 April 2021 | 08:18am StockMarketWire.com - Weir Group expects to deliver growth in line with current market expectations as it confirms an 11% increase in group orders in Q1 as mining and infrastructure markets continue to strengthen. The company saw a 67% increase in original equipment orders, with a strong project pipeline, although aftermarket orders were down 2% on the back of residual Covid disruption to ore production. It has a £36million Q1 order for energy-saving High Pressure Grinding Rolls and screens and a £32million order in April for electric-powered mine de-watering pumps...

(0) LONDON (dpa-AFX) - Weir Group (WEIR.L) reported a 11% growth in Group orders from continuing operations, with 67% increase in original equipment or OE orders with project pipeline strength continuing. Aftermarket or AM orders were down 2% reflecting residual Covid disruption to ore production. Looking ahead, the company continues to expect to deliver growth in full year constant currency profits in line with current market expectations. Jon Stanton, Chief Executive, said, 'The Group has had a good start to the year against the backdrop of ongoing Covid challenges. As expected, conditions ...

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*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...