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The Weir Group (WEIR) investor relations material
The Weir Group Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market and Trading Environment
Core markets in copper, gold, and iron ore remain strong, supporting high equipment and aftermarket activity levels.
Some headwinds from copper mine disruptions and softer demand in diamonds, PGMs, and mineral sands, but overall mining activity is positive.
Diversified business model and strategic execution are driving growth despite short-term commodity-specific challenges.
Divisional and Order Performance
Group orders rose 2% year-on-year on a constant currency basis, with original equipment orders up 15% and aftermarket orders up 10%.
Minerals division saw 13% growth in original equipment orders (excluding large prior-year wins) and 5% growth in aftermarket orders.
ESCO division achieved 36% growth in original equipment orders and 21% growth in aftermarket, with strong APAC expansion and technology adoption.
Book-to-bill ratio year-to-date stands at 1.06, indicating healthy order intake.
Strategic Initiatives and Acquisitions
Acquisitions of Townley, Tanli, and FasterMine enhance market presence, product offering, and software capabilities.
Integration of new businesses is progressing well, with Townley contributing £6m and MicroMine £17m in orders for the quarter.
Performance Excellence program on track to deliver £80m cumulative savings by 2026.
Announced Fast2Mine acquisition to expand digital mining solutions, especially in Latin America.
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