Weir Group (LSE:WEIR) reported a strong set of results for 2025, with orders rising 7% and revenue increasing 6% on a constant-currency basis. Adjusted operating profit climbed 15%, pushing operating margins to just above 20%, supported by resilient aftermarket demand, higher mining activity and growth in higher-margin digital offerings.
A key contributor to performance was the company’s software segment, where recurring revenue from Micromine increased at an annualised rate of 24%. Despite the operational gains, statutory profit was affected by acquisition-related costs and an increase in net debt linked to recent deal activity.
During the year, Weir accelerated its strategic expansion through several acquisitions, including Micromine, Fast2Mine, Townley and ESEL. These additions, along with new technology partnerships and product launches, broaden the company’s reach in areas such as digital mining solutions, North American phosphate processing and sustainable tailings management.
Management expects the momentum to continue into 2026, forecasting further revenue growth and margin improvement. Planned gains are expected to come from ongoing cost efficiencies under the company’s Performance Excellence programme, the full-year contribution from recent acquisitions and sustained demand for critical minerals.
The company’s outlook is supported by strong operational performance and positive technical indicators. Strategic acquisitions and an expanding digital product offering are expected to underpin long-term growth. While valuation metrics appear broadly balanced, recent corporate developments and management commentary highlight confidence in the company’s strategic direction.
More about Weir Group plc
Weir Group is a global engineering company supplying mission-critical equipment, aftermarket services and digital solutions to the mining industry. Its product range includes mineral processing equipment, ground-engaging tools and software platforms designed to improve efficiency and sustainability in mining operations. The business benefits from a strong aftermarket revenue base and growing exposure to high-demand commodities such as copper, gold and phosphates.
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