Revenue Growth and Margin Expansion
Revenues grew by 4% on a constant currency basis in the first half of 2025. Operating margins expanded by 220 basis points to 19.8%, with an upgraded full year guidance for circa 20% operating profit margins.
Strong Performance in Minerals Division
The Minerals division secured a GBP 40 million order for a sustainable tailings solution in Chile. Operating profit increased by 18% on a constant currency basis to GBP 188 million, with margins increasing by 250 basis points to 21.8%.
Successful Acquisitions and Strategic Investments
Weir completed the acquisitions of Micromine and announced strategic investments in CiDRA and Townley. These acquisitions are expected to be EPS accretive in the first full year of ownership.
Positive Order Growth
Orders in the first half totaled GBP 1.3 billion, an increase of 8%. Original equipment orders grew by 7%, and aftermarket orders grew by 8%.