Weir Group PLC (WEIR.L), a mining technology company, on Wednesday said its total orders for the third quarter grew 2% including contributions from Micromine and Townley acquisitions.
Original Equipment (OE) orders increased 15%, excluding the impact of large orders in the prior year, as demand remained strong across key end markets.
Aftermarket (AM) orders rose 10%, driven by continued installed base expansion and a 5% contribution from acquisitions.
The company also confirmed its full-year outlook.
"Looking forward to the fourth quarter, despite a number of challenges facing the mining industry, not least continued uncertainty on the outcome of tariff negotiations, we remain focused on disciplined execution against our strong orderbook. We reiterate our 2025 guidance for growth in constant currency revenue and operating profit, together with delivery of our margin and cash conversion targets," said Jon Stanton, Chief Executive Officer.
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