The Weir Group PLC provided earnings guidance for the year 2024. For the period, the company expects that Robust demand for AM spares and brownfield OE solutions give confidence in full year trading in line with expectations for growth in constant currency revenue, profit and operating margin. Phasing of operating profit in 2024 is expected to be in line with typical seasonal patterns and operating margins are expected to increase year on year and sequentially through the year in line with historical norms and as further Performance Excellence benefits are realized.
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5-day change | 1st Jan Change | ||
2,014 GBX | +0.20% | +0.20% | +6.76% |
Apr. 25 | The Weir Group plc Approves Final Dividend | CI |
Apr. 25 | Weir Group to meet annual expectations as quarterly output ticks up | AN |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+6.76% | 6.52B | |
+13.28% | 84.57B | |
+16.38% | 68.92B | |
+12.13% | 34.99B | |
+19.98% | 33.27B | |
+12.78% | 28.93B | |
+3.33% | 26.78B | |
+2.89% | 25.51B | |
+17.68% | 24.82B | |
+16.37% | 24.6B |
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