|
|
 |
Results for 26 weeks ended 27 June 2008
- Revenue up 46% to £632m (2007: £434m)
- Operating Profit2 up 97% to £84.7m (2007: £42.9m)
- Earnings per share2 up 80% to 27.5p (2007: 15.3p)
- Dividend increase of 12% to 4.65p (2007: 4.15p)
- Cash generated from operations £63.0m, up £12.9m (2007: £50.1m)
- Strong growth from all of the Group’s sector-focused divisions
- Warman acquired for £113.8m and successfully integrated
- £54.2m exceptional profit on disposal of non core businesses
1 2007 restated at 2008 average exchange rates
2 2 Adjusted to exclude intangibles amortisation
Reorganisation
The Weir Group PLC recently changed its organisation and reporting structure to reflect its increasing focus on the mining, oil & gas and power & industrial markets.
With effect from 1 May 2008, the Group has been reorganised into three divisions: Oil & Gas, Power & Industrial and Minerals reflecting the sector focus. The Services businesses have been integrated into each of these divisions to provide a complete end to end offering for our customers.
Download the presentation and a re-statement of 2006 and 2007 segmental performance.
|
 |
|