The Weir Group PLC
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CH Warman
SPM Flow Control Inc
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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.


Annual report
The Weir Group Report & Accounts 2007
4 April 2008
Available for download »

Analysts presentation
12 August 2008 [0.8 MB]
WeirGroup_2008Interim
Report_AnalystsPresentation.pdf
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