Weir Group Share News (WEIR)

Weir Group delivers strong 2023 profits as margins beat targets

(Sharecast News) - Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.

IN BRIEF: Weir appoints National Grid finance chief as a director

Weir Group PLC - London-based speciality chemicals and sustainable technology firm - Appoints National Grid PLC Chief Financial Officer Andy Agg as an independent non-executive director, effective immediately. Says he brings "significant" financial experience to the Weir board in light of his role as National Grid CFO. Also announces that Independent Non-Executive Director Srinivasan Venkatakrishnan will step down, effective from March 31, to pursue other opportunities. Weir Chair Barbara Jeremiah says: "Andy has built a long and successful career as a finance leader, and he brings to the board both his financial and commercial acumen, experience in leading significant transformation programmes and significant transactional experience. We look forward to working with Andy as we drive forward our strategic objectives for Weir."

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

London close: Stocks rise as investors digest US jobs data

(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.

LONDON MARKET MIDDAY: Stocks rise amid dovish Fed, ECB expectations

(Alliance News) - Stock prices in London were higher on Wednesday afternoon, with softer US employment data strengthening the conviction that the next move in Federal Reserve interest rates is a cut.

TOP NEWS: Weir targets 20% operating margin for 2026

(Alliance News) - Weir Group PLC on Wednesday announced a 20% operating margin target for 2026.

LONDON BRIEFING: BAT plots "smokeless" focus; Tui mulls LSE exit

(Alliance News) - London's FTSE 100 is called to open higher on Wednesday, eating into some of its losses from the early part of the week, ahead of some US jobs data in the afternoon.

Weir announces new margin, savings targets

(Sharecast News) - Weir Group announced new margin and savings targets on Wednesday, ahead of its capital markets event.

IN BRIEF: Weir appoints new chief financial officer from March 2024

Weir Group PLC - London-based speciality chemicals and sustainable technology firm - Appoints Brian Puffer as chief financial officer, effective from March 1. This follows John Heasley stepping down as CFO with effect from the end of November, as announced at the start of the November, who left to join Anglo American PLC as its new finance director. In the meantime, Chief Executive Officer Jon Stanton is overseeing Weir's finance function until Puffer joins.

Weir buys Swedish mining process optimisation firm SentianAI

(Alliance News) - Weir Group PLC on Thursday said it has acquired Swedish AI solutions developer SentianAI.

Weir Group snaps up mining AI tech firm

(Sharecast News) - Mining technology group Weir has announced it is buying SentianAI, a Sweden-based developer of AI tech that optimises minerals processing performance.

LONDON BROKER RATINGS: JPMorgan lifts Smith & Nephew

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

London close: Stocks rise ahead of US Fed policy decision

(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.

Weir Group reiterates guidance; CFO leaves for Anglo American

(Alliance News) - Weir Group PLC on Wednesday reiterated its full-year guidance on some "good" progress during the third quarter of 2023.