Weir Group (WEIR)

Sector:

Engineering

Index:

FTSE 250

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1,473.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 2,020.00
  • 52 Week Low: 1,240.00
  • Currency: UK Pounds
  • Shares Issued: 259.60m
  • Volume: 154,248
  • Market Cap: £3,823.94m
  • RiskGrade: 157
  • Beta: 0.03

Weir reiterates FY revenue, profit guidance as Q1 orders rise 18%

By Frank Prenesti

Date: Tuesday 30 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Engineer Weir Group reiterated full year revenue and profit guidance as first quarter orders rose on the back of its Esco acquisition which offset a weaker performance in oil and gas operations.
Orders from continuing operations including Esco rose 18% year-on-year, Weir said in a statement. That changed to a fall of 7% when the US mining tools maker was excluded.

Oil and gas orders were 23% lower as a result of capital and pipeline capacity constraints in North America and the absence of the strong levels of first half refurbishment activity seen last year, the company said.

"Esco's performance remained ahead of initial expectations with good demand for its premium technology," said chief executive Jon Stanton.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Weir Group Market Data

Currency UK Pounds
Share Price 1,473.00p
Change Today -6.00p
% Change -0.41 %
52 Week High 2,020.00
52 Week Low 1,240.00
Volume 154,248
Shares Issued 259.60m
Market Cap £3,823.94m
Beta 0.03
RiskGrade 157

Weir Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.81% below the market average68.81% below the market average68.81% below the market average68.81% below the market average68.81% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
24.88% below the market average24.88% below the market average24.88% below the market average24.88% below the market average24.88% below the market average
65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average
Income
14.40% above the market average14.40% above the market average14.40% above the market average14.40% above the market average14.40% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
40.90% above the market average40.90% above the market average40.90% above the market average40.90% above the market average40.90% above the market average
10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average

What The Brokers Say

Strong Buy 16
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 20
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Weir Group Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-19 11-Oct-18
Paid 06-Jun-19 02-Nov-18
Amount 30.45p 15.75p

Trades for 19-Jun-2019

Time Volume / Share Price
10:06 250 @ 1,473.00p
10:06 203 @ 1,473.00p
10:06 201 @ 1,473.00p
10:06 252 @ 1,473.00p
10:06 18 @ 1,473.00p

Weir Group Key Personnel

CEO Jon Stanton
Chair Charles Berry
CFO John Heasley

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