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Weir Group

Current Price 2008.00p Bid 2006.00p Ask 2010.00p Change 0.60%
Last Updated: 23/04/2024 08:06. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Weir is a mining technology company. Our technologies help customers in mining and similar industries operate with the highest productivity and lowest environmental impact.We are a global family of c.11,000 people working across more than 60 countries across the globe focused on making mining smart, efficient and sustainable today, and for the future. Customers rely on our solutions and our service to keep their mission-critical operations running efficiently and drive their sustainability footprint down. We are located close to them, never more than 200km away, wherever they are in the world. And with our integrated network of technology hubs, manufacturing operations and local service centres, it is Weir technology, Weir brands and Weir people that are at the heart of the global mining industry.

Financial Highlights Year Ended 31/12/2019

Revenue
£2,661.90m
Operating Profit/Loss
£-328.40m
Dividend yield (%)
1.10
Total dividend for year
n/ap
Dividend cover
5.33
P/E Ratio
17.20

Key Personnel

Ms Barbara Jeremiah
Chairman
Mr Jon Stanton
Chief Executive Officer
Mr Brian Puffer
Chief Financial Officer
Mr Graham Vanhegan
Chief Legal Officer and Company Secretary
Mr Andrew Agg
Independent Non-Executive Director
Mr Tracey Kerr
Independent Non-Executive Director
Mrs Penelope Anne Freer
Independent Non-Executive Director
Ms Dame Nicola Brewer
Independent Non-Executive Director
Mr Ben Magara
Non-Executive Director
Mr Stephen G Young
Non-Executive Director
Sir JIm McDonald
Non-Executive Director

Stock Details

EPIC
WEIRL
ISIN
GB0009465807
Shares in Issue
213.98m
Market cap
£4,296.64m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
2,008.00p
Bid Price
2,006.00p
Ask Price
2,010.00p
Volume
15,509
Change Today
12.00p
% Change Today
0.60%
Open
2,006.00p
Previous Close
1,996.00p
Intraday High
2,018.00p
Intraday Low
2,002.00p
52 Week High
2,080.00p
52 Week Low
1,671.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,661.90
2,449.90
Operating Profit/Loss
-328.40
121.70
Net Interest
-49.60
-38.00
Pre-Tax Profit
-371.80
86.10
Profit After Tax from continuing operations
-353.40
53.40
Discontinued Operations
Profit After Tax
-26.00
-35.00
Profit/Loss for the Year
-379.40
18.40
Attributable to:
Equity Holders of Parent Company
-379.90
18.00
Minority Interests
0.50
0.40
Total Dividend Paid
n/ap
46.2000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
-136.40p
21.70p
Diluted
-136.40p
21.60p
Adjusted
87.90p
94.70p
Dividend per Share
n/ap
46.2000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
571.20
427.10
Intangible Assets
1,573.00
2,166.60
Investment Properties
n/a
n/a
Investments
36.60
36.60
Other Financial Assets
4.40
1.40
Other Non-Current Assets
138.30
114.50
Current Assets
Inventories
642.90
692.70
Trade & Other Receivables
595.50
630.20
Cash at Bank & In Hand
273.80
263.00
Current Asset Investments
n/a
n/a
Other Current Assets
16.50
412.70
Other Assets
n/a
n/a
Total Assets
3,852.20
4,744.80

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
534.10
662.50
Other Current Liabilities
679.20
880.50
Total Current Liabilities
1,213.30
1,543.00
Non-Current Liabilities
Borrowings
896.20
740.90
Provisions
90.30
161.90
Other Non-Current Liabilities
139.00
150.10
Total Non-Current Liabilities
1,125.50
1,052.90
Other Liabilities
n/a
n/a
Total Liabilities
2,338.80
2,595.90

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
1,513.40
2,148.90

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
32.50
32.50
Share Premium Account
582.30
582.30
Other Reserves
306.60
433.80
Retained Earnings
590.60
1,095.00
Shareholders Funds
1,512.00
2,143.60
Minority Interests/Other Equity
1.40
5.30
Total Equity
1,513.40
2,148.90

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
18 Apr 2024
31 May 2024
20.80p
Interim
05 Oct 2023
03 Nov 2023
17.80p
Final
20 Apr 2023
05 Jun 2023
19.30p
Interim
06 Oct 2022
04 Nov 2022
13.50p
Final
21 Apr 2022
06 Jun 2022
12.30p
Interim
07 Oct 2021
05 Nov 2021
11.50p
Interim
10 Oct 2019
05 Nov 2019
16.50p
Final
25 Apr 2019
06 Jun 2019
30.45p
Interim
11 Oct 2018
02 Nov 2018
15.75p
Final
26 Apr 2018
04 Jun 2018
29.00p
Interim
21 Sep 2017
03 Nov 2017
15.00p
Final
27 Apr 2017
05 Jun 2017
29.00p
Interim
22 Sep 2016
04 Nov 2016
15.00p
Final
28 Apr 2016
06 Jun 2016
29.00p
Interim
08 Oct 2015
06 Nov 2015
15.00p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-64.29%
5.00%
Dividend yield
1.10%
3.60%
Dividend cover
5.33
2.05


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