IN BRIEF: Weir confirms 2025 guidance ahead of capital markets event

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Weir Group PLC - Glasgow-based engineering for mining and infrastructure - Hosts capital markets event on Wednesday, during which it will present ‘how our software strategy enhances our customer proposition and value-creation opportunities’. Ahead of the event, Weir says its financial guidance for 2025 remains unchanged. This was provided at the end of July and confirmed early last month. It is for growth in constant currency revenue and operating profit, with operating margins of about 20% and free operating cash conversion of 90% to 100%.

Current stock price: 2,810.00 pence, up 0.6% on Wednesday morning in London

12-month change: up 25%

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