Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Weir Group    WEIR   GB0009465807

WEIR GROUP (WEIR)
Mes dernières consult.
Most popular
Report
Delayed Quote. Delayed  - 01/19 10:02:06 am
2158 GBp   -0.14%
01/11 WEIR : Preliminary US tax reform assessment
2017 WEIR : Notification of Board Changes
2017 WEIR : Additional Listing
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Weir : benefits from strong North American drilling activity

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/17/2017 | 09:31am CET

Weir Group Plc said it expected its oil and gas unit's full-year revenue and operating profit to be above analysts' expectations due to strong North American drilling activity.

Shares in the company rose as much as 7.95 pct to their highest since May. They were trading at 1949 pence at 0711 GMT on the London Stock Exchange.

The company, which makes pipes and valves for energy and mining industries, said it had benefited from higher fleet utilisation levels and tightening of production capacity.

Weir Group expects operating margins for its oil and gas unit to be in the low teens through the second half.

"Updated outlook for the group's full-year performance is now for strong constant currency revenue and profit growth," the company said in a statement.

(Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Gopakumar Warrier)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WEIR GROUP
01/12 WEIR : sees shares fall on back of Trump's new taxes
01/11 WEIR : Preliminary US tax reform assessment
01/04 NOW : Announces Appointment of Paul M. Coppinger to the Board of Directors
2017 NOW : DistributionNOW Inc. (DNOW) Appoints Paul M. Coppinger to Board
2017 NOW : Announces Appointment of Paul M. Coppinger to the Board of Directors
2017 WEIR : Meggitt boss joins the board at Weir Group
2017 WEIR : Notification of Board Changes
2017 WEIR : appoints President of its China business
2017 WEIR : Additional Listing
2017 WEIR : Millions wiped off Weir worth after profit warning
More news
News from SeekingAlpha
2017 Weir Group PLC 2017 Q2 - Results - Earnings Call Slides
2017 Weir's (WEIGF) CEO Jonathan Stanton on Q2 2017 Results - Earnings Call Transc..
2017 Weir Group reports 1H results
2017 Weir Group's (WEIGF) CEO Jonathan Stanton on Q1 2017 Results - Earnings Call ..
2017 Weir Group's (WEIGF) CEO Jon Stanton on Q4 2016 Results - Earnings Call Trans..
Financials ( GBP)
Sales 2017 2 306 M
EBIT 2017 270 M
Net income 2017 152 M
Debt 2017 813 M
Yield 2017 2,09%
P/E ratio 2017 30,79
P/E ratio 2018 20,82
EV / Sales 2017 2,45x
EV / Sales 2018 2,20x
Capitalization 4 845 M
Chart WEIR GROUP
Duration : Period :
Weir Group Technical Analysis Chart | WEIR | GB0009465807 | 4-Traders
Technical analysis trends WEIR GROUP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 21,8  GBP
Spread / Average Target 0,67%
EPS Revisions
Managers
NameTitle
Jon Stanton Chief Executive Officer & Director
Charles Andrew Berry Non-Executive Chairman
John Heasley Chief Financial Officer & Director
Geetha Dabir Chief Technology Officer
John Mogford Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
WEIR GROUP3.16%6 738
FANUC CORP15.81%61 589
ATLAS COPCO AB6.86%55 629
ROPER TECHNOLOGIES6.13%28 137
PARKER-HANNIFIN5.18%27 965
STANLEY BLACK & DECKER2.40%26 225