Weir adjusted FY26 H1 profit before tax falls 8% to £196 million; revenue rises 6% to £1.27 billion
Reuters2026/07/29 06:10- The Weir Group interim results for the six months ended June 30, 2026 showed statutory profit after tax rising 15% to £129 million.
- Revenue increased 6% to £1.27 billion; adjusted operating profit edged up 1% to £239 million.
- Adjusted operating profit margin narrowed 1 percentage point to 18.8%; adjusted earnings per share fell 7% to 54.6p.
- Orders totaled £1.43 billion; free operating cash conversion dropped 21 percentage points to 41%.
- Net debt rose to £1.45 billion; Jon Stanton cited Q2 acceleration on market share gains, competitive trials, and demand for new solutions, while reiterating full-year guidance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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