Weir Group updates mining investors, shares track sector peers in London trade

By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-23, 21:44.

Weir Group (GB0009633180) remains one of the key mining equipment names on the London Stock Exchange, where its shares trade under the ticker WEIR. The group continues to benefit from demand for mining technology alongside peers such as Metso and FLSmidth, according to recent market data and company disclosures. Company profile on Investing.com

Recent earnings and profitability

In early March 2026, Weir Group reported its final results for the 2025 financial year, showing that orders rose 7 percent to £2,598 million and revenue increased 6 percent on a constant currency basis to £2,565 million. Final results announcement on Investegate Adjusted operating profit grew faster than sales, up 15 percent to £518 million, which lifted the adjusted operating margin to 20.2 percent, reflecting operational leverage and cost control in its mining-focused businesses. Company results summary

The company highlighted continued investment in aftermarket services and spare parts for its installed base of slurry pumps and comminution equipment, which tend to carry higher margins than original equipment sales. Management also pointed to disciplined capital allocation and a focus on cash generation to support dividends and selective growth projects in mining technology, as outlined in the same results communication. Weir Group 2025 financial highlights

Position in the mining technology sector

Weir Group generates the vast majority of its revenue from mining customers, supplying critical components such as slurry pumps, comminution equipment and mine dewatering solutions that keep ore moving in copper, gold and iron ore operations worldwide. SME industry news overview Its Warman slurry pump line is widely deployed in large-scale processing plants in North America, Latin America and Australasia, which provides a long-lived aftermarket revenue stream as wear parts need regular replacement during continuous operation. Report on Warman pump orders

Alongside Metso in Finland and FLSmidth in Denmark, Weir Group is regarded as one of the leading suppliers of mission-critical equipment for the grinding and pumping stages of ore processing. These companies tend to benefit from both greenfield project spending and the ongoing need to maintain and upgrade existing mines, which can be more resilient than pure greenfield exposure when commodity prices fluctuate. Comparative sector data

How Weir Group earns its money

Weir Group’s core business is supplying engineered solutions to the global mining industry, particularly in ore processing, where its pumps, valves, hydrocyclones and comminution equipment handle abrasive slurries and crushed rock. A representative product line is the Warman range of centrifugal slurry pumps, which are used in mill circuits, tailings disposal and dewatering applications at large mines worldwide. Warman slurry pump contract report The company combines new equipment sales with a significant aftermarket business in spare parts and service contracts, creating recurring revenue streams linked to installed equipment fleets.

Where the shares trade today

The Weir Group shares (GB0009633180) trade on the London Stock Exchange, where a recent closing price was 2,356 pence, according to market data providers, with the London listing quoted in GBX for U.K. investors. Latest LSE quotation

This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security.