The Weir Group (WEIR.L), Wednesday said it will convene a meeting of shareholders and analysts in London to present its Power & Industrial division, operations overview, market positioning and outlook in the near term. The medium-term target is to report high single digit revenue growth and 13-14 percent operating margin
The company said that the presentation will also focus on the Group's operational development across the value chain, highlighting how progress in areas such as engineering, procurement, supply chain and lean manufacturing is benefiting customers and suppliers. Keith Cochrane, Chief Executive, will highlight the Group's capabilities to deliver average annual organic revenue growth of 5 - 10 percent over the cycle and superior returns.
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