Declared Dividend • Jul 31
First half dividend of UK£0.20 announced Shareholders will receive a dividend of UK£0.20. Ex-date: 1st October 2026 Payment date: 3rd November 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 30
First half 2026 earnings released: EPS: UK£0.50 (vs UK£0.43 in 1H 2025) First half 2026 results: EPS: UK£0.50 (up from UK£0.43 in 1H 2025). Revenue: UK£1.27b (up 6.2% from 1H 2025). Net income: UK£128.6m (up 16% from 1H 2025). Profit margin: 10% (in line with 1H 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 29
The Weir Group PLC Approves an Interim Dividend, Payable on November 3, 2026 The Weir Group PLC approved an interim dividend of 20.0 pence per share (2025: 19.6 pence), representing a 2% increase on the prior year and reflecting confidence in achieving good growth in underlying EPS over the full year. The interim dividend will be paid on 3 November 2026 to Shareholders on the register on 2 October 2026. Ex-dividend date for interim dividend is 1 October 2026. Annonce • Jun 11
The Weir Group PLC to Report First Half, 2026 Results on Jul 29, 2026 The Weir Group PLC announced that they will report first half, 2026 results on Jul 29, 2026 Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President of Weir Minerals Division & Director Andrew Neilson was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 02
The Weir Group PLC Reiterates Earnings Guidance for Fiscal Year 2026 The Weir Group PLC reiterated earnings guidance for fiscal year 2026. For the period, the company reiterated full year guidance for growth in operating profit and operating margin. Annonce • Apr 02
The Weir Group PLC Announces Board and Committee Changes, Effective April 30, 2026 The Weir Group PLC announced that Ravi Gopinath is appointed to the Board as an independent Non-Executive Director with effect from the conclusion of the AGM on April 30, 2026. Ravi will join the Audit, and Safety, Sustainability and Technology Committees upon appointment. Ravi has held several senior leadership roles in industrial software and technology businesses. Most recently, he was Chief Product and Strategy Officer at AVEVA, the UK-listed industrial software company, having previously served as Chief Operating Officer. Ravi was also Executive Vice President of Software at Schneider Electric. Earlier in his career, Ravi held senior executive positions at Invensys, including President of the Software Business, and was previously Chief Executive Officer of Geometric Limited. Ravi has also held a number of non-executive director roles, including at the former FTSE 100 company Spectris plc. He is currently a non-executive director of Thermax Limited and Neuland Laboratories, both of which are listed in India. The Weir Group PLC also announced that Tracey Kerr will become a member of the Nomination Committee and Andy Agg will step down from the Nomination Committee, with effect from the conclusion of the AGM on April 30, 2026. Following Ravi's appointment, the Board Committee membership from the conclusion of the AGM on April 30, 2026 will be as follows: Audit Committee: Andy Agg (Committee Chair), Nick Anderson, Penny Freer, Tracey Kerr, Ravi Gopinath; Nomination Committee: Barbara Jeremiah (Board Chair and Committee Chair), Tracey Kerr, Nick Anderson, Dame Nicola Brewer; Remuneration Committee: Penny Freer (Committee Chair), Nick Anderson, Dame Nicola Brewer, Ben Magara; Safety, Sustainability & Technology Committee: Tracey Kerr (Committee Chair), Andy Agg, Dame Nicola Brewer, Ben Magara, Ravi Gopinath. Annonce • Mar 24
The Weir Group PLC, Annual General Meeting, Apr 30, 2026 The Weir Group PLC, Annual General Meeting, Apr 30, 2026. Location: the companys head office, 1 west regent street, g2 1rw, glasgow United Kingdom Annonce • Jan 22
The Weir Group PLC to Report Fiscal Year 2025 Results on Mar 04, 2026 The Weir Group PLC announced that they will report fiscal year 2025 results on Mar 04, 2026 Annonce • May 02
The Weir Group plc Announces Executive Changes The Weir Group PLC has completed the acquisition of Mining Software Holdings Pty Ltd. ("Micromine"), effective 30 April 2025. The business will be led by Kristen Walsh, previously Regional Managing Director of Minerals APAC, who is appointed Division President, Digital Solutions and joins the Group Executive reporting to Jon Stanton. Andrew Birch, the current CEO of Micromine, will remain with Weir for up to 12 months supporting Kristen in an advisory capacity. Annonce • Apr 30
The Weir Group PLC (LSE:WEIR) completed the acquisition of Micromine Pty Ltd. from Potentia Capital Pty. Ltd. and others. The Weir Group PLC (LSE:WEIR) agreed to acquire Micromine Pty Ltd. from Potentia Capital Pty. Ltd. and others for an enterprise value of AUD 1.3 billion on February 28, 2025. The deal is expected to close in Q2 2025. The EPS is expected to be accretive in the first full year of ownership. The deal will be financed with existing cash and new acquisition debt. The transaction is subject to clearance by the Foreign Investment Review Board of Australia. As of April 24, 2025, The Weir Group anticipate the acquisition to close the week commencing April 28, 2025.
J.P. Morgan Securities plc acted as a financial adviser to The Weir Group PLC.
The Weir Group PLC (LSE:WEIR) completed the acquisition of Micromine Pty Ltd. from Potentia Capital Pty. Ltd. and others on April 30, 2025. Rebecca Maslen-Stannage, Mia Harrison-Kelf, Mike Flockhart, Gabrielle Wong, Kristen Roberts, Patrick Lowden, Stephanie Panayi, Kyriakos Fountoukakos, Tess Mierendorff, Peter Jones, and Michael Gonski, Ying Yi Soh, Rommo Pandit, Camille Puech-Baron and Stacey Pang of Herbert Smith Freehills LLP acted as legal advisor to The Weir Group PLC. Andrew Williams, Keith Robinson, Adeline Brosnan, Ruveni Kelleher, David Beckett and David Li of Johnson Winter & Slattery acted as legal advisor to Potentia Capital Pty. Ltd. Annonce • Mar 01
The Weir Group PLC, Annual General Meeting, Apr 24, 2025 The Weir Group PLC, Annual General Meeting, Apr 24, 2025. Annonce • Jan 27
The Weir Group PLC to Report Fiscal Year 2024 Results on Mar 04, 2025 The Weir Group PLC announced that they will report fiscal year 2024 results on Mar 04, 2025 Annonce • Nov 05
The Weir Group plc Reiterates Earnings Guidance for the Full Year 2024 The Weir Group PLC reiterated earnings guidance for the full year 2024. for the year, the company reiterate its guidance for growth in constant currency revenue and operating profit. Upcoming Dividend • Sep 26
Upcoming dividend of UK£0.18 per share Eligible shareholders must have bought the stock before 03 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%). Declared Dividend • Aug 02
First half dividend of UK£0.18 announced Shareholders will receive a dividend of UK£0.18. Ex-date: 3rd October 2024 Payment date: 1st November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
First half 2024 earnings released: EPS: UK£0.46 (vs UK£0.49 in 1H 2023) First half 2024 results: EPS: UK£0.46 (down from UK£0.49 in 1H 2023). Revenue: UK£1.21b (down 7.1% from 1H 2023). Net income: UK£117.8m (down 6.8% from 1H 2023). Profit margin: 9.8% (in line with 1H 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Jul 30
The Weir Group plc Approves Interim Dividend, Payable on 1 November 2024 The Board The Weir Group PLC has approved an interim dividend of 17.9 pence per share (2023: 17.8 pence). This is in line with policy of distributing one third of adjusted EPS and represents a 1% increase on the prior year. The interim dividend will be paid on 1 November 2024 to Shareholders on the register on 4 October 2024. Annonce • Jul 04
The Weir Group PLC to Report First Half, 2024 Results on Jul 30, 2024 The Weir Group PLC announced that they will report first half, 2024 results on Jul 30, 2024 Buy Or Sell Opportunity • Jul 02
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at €23.34. The fair value is estimated to be €30.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Buy Or Sell Opportunity • Jun 27
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €23.30. The fair value is estimated to be €29.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Board Change • Jun 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nick Anderson was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 16
The Weir Group plc Announces Board Changes The Weir Group PLC announced that Nick Anderson has been appointed to the Board as an independent Non-Executive Director with effect from 15 May 2024. Nick will join the Audit, Nomination and Remuneration Committees upon appointment. Nick retired from Spirax-Sarco Engineering plc in January this year after 10 years as Group Chief Executive of the FTSE 100 industrial engineering company. Nick joined Spirax-Sarco in 2011 as Director EMEA for the Group's Steam Specialities business. He was appointed to the Board in March 2012, became Chief Operating Officer in August 2013 and Group Chief Executive in January 2014. Prior to Spirax-Sarco, Nick worked for Smiths Group plc as Vice-President of John Crane Asia Pacific based in Singapore and President of John Crane Latin America, based in the US. Nick has also worked for Alcoa Aluminio in Brazil and Argentina and for the Foseco Minsep Group plc in Brazil. Weir also announces that independent Non-Executive Director, Stephen Young has informed the Board of his intention to retire for personal reasons with effect from 31 July 2024. Upon the retirement of Stephen, Andy Agg will succeed Stephen as Chair of the Audit Committee. At the date of this announcement, Nick is currently a non-executive director of BAE Systems plc and has been appointed as a non-executive director of Spectris plc with effect from 1 June 2024. Upcoming Dividend • Apr 11
Upcoming dividend of UK£0.21 per share Eligible shareholders must have bought the stock before 18 April 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.2%). Declared Dividend • Mar 03
Final dividend of UK£0.21 announced Shareholders will receive a dividend of UK£0.21. Ex-date: 18th April 2024 Payment date: 31st May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Mar 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.8% to €21.40. The fair value is estimated to be €26.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: UK£0.89 (vs UK£0.82 in FY 2022) Full year 2023 results: EPS: UK£0.89 (up from UK£0.82 in FY 2022). Revenue: UK£2.64b (up 6.6% from FY 2022). Net income: UK£229.2m (up 8.0% from FY 2022). Profit margin: 8.7% (up from 8.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annonce • Feb 27
The Weir Group PLC Announces Board Changes The Weir Group PLC announces that Andy Agg has been appointed to the Board as an independent Non-Executive Director with effect from, 27 February 2024. Andy brings significant financial experience to the Board in light of his role as Chief Financial Officer of National Grid plc ("National Grid"). Andy joined National Grid in 2008 and prior to his current position held several senior finance leadership roles across the National Grid group, including as Group Financial Controller, UK CFO and Group Tax and Treasury Director. Andy started his career at PricewaterhouseCoopers and is a member of the Institute of Chartered Accountants in England and Wales. Weir also announces that independent Non-Executive Director, Srinivasan Venkatakrishnan (Venkat) has informed the Board of his intention to step down (with effect from 31 March 2024) to pursue other opportunities, and therefore will not be seeking re-election at Weir's forthcoming annual general meeting on 25 April 2024. Board Committee composition Following Andy's appointment, the Board Committee membership is now as follows: Audit Committee Stephen Young (Committee Chair) Srinivasan Venkatakrishnan Tracey Kerr Penny Freer Andy Agg Nomination Committee: Barbara Jeremiah (Board Chair and Committee Chair) Dame Nicola Brewer Sir Jim McDonald Ben Magara. Remuneration Committee: Penny Freer (Committee Chair), Dame Nicola Brewer, Ben Magara, Stephen Young. Sustainability & Technology Committee: Tracey Kerr (Committee Chair), Dame Nicola Brewer, Ben Magara, Andy Agg. Until 25 April 2024 - as announced on 19 December 2023, having served on the Board for nine years, Sir Jim McDonald will not be standing for re-election at this year's annual general meeting. Annonce • Dec 19
The Weir Group plc Announces Establishment of New Board Committee and Board Changes The Weir Group PLC announced that the Board of Directors of the Company (the "Board") has established a new Sustainability and Technology Committee. The Sustainability and Technology Committee will be chaired by independent non-executive director Tracey Kerr, who will be joined by Dame Nicola Brewer, Penny Freer and Ben Magara. The Sustainability and Technology Committee will provide both strategic and governance oversight to explore the future of the mining industry and the implications for the Weir Group's fully integrated business model. The Company also announces that, having served on the Board for nine years, non-executive director Sir Jim McDonald will be stepping down with effect from the conclusion of the Company's annual general meeting, which is due to be held on 25 April 2024. Dame Nicola Brewer will succeed Sir Jim as Senior Independent Director, and Ben Magara will succeed Dame Nicola as designated non-executive director for employee engagement with effect from the same date. In light of the changes described above, the Board also has reviewed the membership of its existing Committees. With immediate effect, the membership of the Committees of the Board is as follows: Nomination Committee Barbara Jeremiah (Chair) Dame Nicola Brewer Ben Magara Sir Jim McDonald Audit Committee Stephen Young (Chair) Penny Freer Tracey Kerr Srinivasan Venkatakrishnan Remuneration Committee Clare Chapman (Chair) Penny Freer (Chair Designate) Dame Nicola Brewer Ben Magara Stephen Young Sustainability and Technology Committee Tracey Kerr (Chair) Dame Nicola Brewer Penny Freer Ben Magara. Board Change • Dec 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Penny Freer was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 24
The Weir Group PLC (LSE:WEIR) acquired Sentian.AI. The Weir Group PLC (LSE:WEIR) acquired Sentian.AI on November 23, 2023.The Weir Group PLC (LSE:WEIR) completed the acquisition of Sentian.AI on November 23, 2023. Annonce • Oct 25
The Weir Group PLC Announces Directorate Change The Weir Group PLC announced that Penelope (Penny) Freer has been appointed to the Board as an independent Non-Executive Director with effect from 23 October 2023. Penny will succeed Clare Chapman as Chair of the Remuneration Committee with effect from 31 December 2023, when Clare will step down from the Board. Penny has a background in investment banking, having worked for over 25 years in a range of roles. From 2000 to 2004 Penny led Robert W Baird's UK equities division and prior to this she spent eight years at Credit Lyonnais Securities where she headed the small and mid-cap equities business. Penny is Chair of The Henderson Smaller Companies Investment Trust plc and Empresaria Group PLC, as well as Chair of AP Ventures LLP. Penny is also currently Chair of Crown Place VCT Plc, and will be stepping down from this role on 22 November 2023 following the company's annual general meeting. Penny has also held a number of non-executive director roles in both public and private companies, including as Senior Independent Director and Chair of the Remuneration Committee at Advanced Medical Solutions Group PLC. Following Penny's appointment, the Board Committee membership is now as follows: Audit Committee: Stephen Young (Committee Chair); Srinivasan Venkata krishnan and Tracey Kerr. Nomination Committee: Barbara Jeremiah (Board Chair and Committee Chair); Dame Nicola Brewer; Sir Jim McDonald and Ben Magara. Remuneration Committee: Clare Chapman (Committee Chair); Penny Freer (Committee Chair Designate); Dame Nicola Brewer; Ben Magara and Stephen Young. Upcoming Dividend • Sep 28
Upcoming dividend of UK£0.18 per share at 2.0% yield Eligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%). New Risk • Aug 03
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Aug 02
First half 2023 earnings released: EPS: UK£0.49 (vs UK£0.36 in 1H 2022) First half 2023 results: EPS: UK£0.49 (up from UK£0.36 in 1H 2022). Revenue: UK£1.30b (up 19% from 1H 2022). Net income: UK£126.4m (up 37% from 1H 2022). Profit margin: 9.7% (up from 8.4% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annonce • Aug 02
The Weir Group plc Approves Interim Dividend, Payable on 3 November 2023 The Weir Group PLC approved an interim dividend of 17.8 pence per share (2022: 13.5 pence). This is in line with policy and represents a 32% increase on the prior year. The interim dividend will be paid on 3 November 2023 to Shareholders on the register on 6 October 2023. Annonce • Jun 01
The Weir Group PLC to Report First Half, 2023 Results on Aug 01, 2023 The Weir Group PLC announced that they will report first half, 2023 results on Aug 01, 2023 Annonce • May 25
The Weir Group plc Announces Executive Appointment The Weir Group PLC announces that Barbara Jeremiah, Chair, has been appointed as Non-Executive Director of Johnson Matthey Plc, with effect from 1 July 2023, and will also be a member of their Audit, Nomination, Remuneration and Societal Value Board Committees. Barbara will be appointed Senior Independent Director of Johnson Matthey Plc following the conclusion of their AGM on 20 July 2023. Upcoming Dividend • Apr 13
Upcoming dividend of UK£0.19 per share at 2.1% yield Eligible shareholders must have bought the stock before 20 April 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.0%). Recent Insider Transactions • Mar 16
Independent Chairman recently bought €51k worth of stock On the 14th of March, Barbara Jeremiah bought around 3k shares on-market at roughly €20.51 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Barbara has been a buyer over the last 12 months, purchasing a net total of €91k worth in shares. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: UK£0.82 (vs UK£0.60 in FY 2021) Full year 2022 results: EPS: UK£0.82 (up from UK£0.60 in FY 2021). Revenue: UK£2.47b (up 28% from FY 2021). Net income: UK£212.2m (up 37% from FY 2021). Profit margin: 8.6% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year. Annonce • Feb 09
The Weir Group PLC to Report Fiscal Year 2022 Results on Mar 01, 2023 The Weir Group PLC announced that they will report fiscal year 2022 results on Mar 01, 2023 Buying Opportunity • Nov 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.6%. The fair value is estimated to be €23.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 44% in the next 2 years. Upcoming Dividend • Sep 29
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 04 November 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (3.3%). Reported Earnings • Jul 30
First half 2022 earnings released: EPS: UK£0.36 (vs UK£0.29 in 1H 2021) First half 2022 results: EPS: UK£0.36 (up from UK£0.29 in 1H 2021). Revenue: UK£1.10b (up 22% from 1H 2021). Net income: UK£92.1m (up 24% from 1H 2021). Profit margin: 8.4% (up from 8.3% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.3%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 14
Upcoming dividend of UK£0.12 per share Eligible shareholders must have bought the stock before 21 April 2022. Payment date: 06 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 18% share price gain to €20.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.23 per share. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: UK£0.60 (up from UK£0.53 in FY 2020). Revenue: UK£1.93b (down 1.6% from FY 2020). Net income: UK£154.6m (up 12% from FY 2020). Profit margin: 8.0% (up from 7.0% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be UK£22.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% per annum over the last 3 years. Earnings per share has grown by 6.7% per annum over the last 3 years. Upcoming Dividend • Sep 30
Upcoming dividend of UK£0.12 per share Eligible shareholders must have bought the stock before 07 October 2021. Payment date: 05 November 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 30
First half 2021 earnings released: EPS UK£0.29 (vs UK£0.24 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£900.4m (down 1.1% from 1H 2020). Net income: UK£76.1m (up 24% from 1H 2020). Profit margin: 8.5% (up from 6.7% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Recent Insider Transactions • May 13
Non-Executive Independent Director recently bought €10k worth of stock On the 5th of May, Clare Chapman bought around 456 shares on-market at roughly €22.02 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.7k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 12
Non-Executive Independent Director recently bought €10k worth of stock On the 5th of May, Clare Chapman bought around 456 shares on-market at roughly €22.02 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.7k more in shares than they have sold in the last 12 months. Analyst Estimate Surprise Post Earnings • Mar 03
Revenue misses expectations Revenue missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 2.8%, compared to a 5.4% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Feb 25
New 90-day high: €23.82 The company is up 25% from its price of €19.08 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.14 per share. Annonce • Feb 02
The Weir Group PLC to Report Fiscal Year 2020 Results on Mar 02, 2021 The Weir Group PLC announced that they will report fiscal year 2020 results on Mar 02, 2021 Annonce • Dec 03
The Weir Group plc Wins £95 Million Aftermarket Order The Weir Group, a leading provider of premium mining technology, has won a £95 million order to provide aftermarket components and service to the Iron Bridge magnetite Project in Western Australia. The aftermarket contract follows Weir's success in winning a record £100 million order for original equipment for the Iron Bridge project in 2019, including its innovative Enduron® High Pressure Grinding Rolls (HPGRs) that enable dry processing of ore and use at least 30% less energy than traditional alternatives. Annonce • Nov 05
The Weir Group PLC Withdraws Guidance for the Year 2020 The Weir Group PLC announced that full year 2020 guidance remains withdrawn due to ongoing Covid-19 uncertainty. Annonce • Nov 03
Weir Group PLC Announces Board Appointments, Effective January 19, 2021 Weir Group PLC announces that Srinivasan Venkatakrishnan and Ben Magara will join the Board as Non-Executive Directors with effect from 19 January 2021. Both Srinivasan, who is popularly known as Venkat, and Ben have extensive experience leading global mining businesses. Venkat has previously served as CEO of both Vedanta Resources plc and AngloGold Ashanti Limited. Ben served as CEO of platinum producer Lonmin plc, having previously held a number of senior roles for Anglo American plc. Venkat served as CEO of Vedanta Resources plc from 2018-2020 and was CEO of AngloGold Ashanti Limited between 2013-2018, having previously been Chief Financial Officer of the business from 2005. His earlier career was as an accountant and restructuring specialist with Deloitte and Touche in India and the UK. Ben served as CEO of Lonmin plc from 2013-2019. He was Executive Vice President of Engineering & Projects for Anglo Platinum from 2009-2013, having previously served as CEO of Anglo Coal. Annonce • Aug 02
The Weir Group PLC Announces Guidance Remains Withdrawn While Covid-19 Uncertainty Remains for the Year 2020 As The Weir Group PLC looks ahead, while the business is performing well, it is too early to provide guidance on the full year given ongoing uncertainty due to Covid-19. More broadly, the long-term outlook for mining remains positive, supported by demographic trends, carbon transition, the long-term decline in ore grades and the need to reduce waste and water and energy consumption. Weir is ideally placed to help make its mining customers' operations smarter, more efficient and sustainable and it looks forward to unlocking more of these opportunities in the future. 
