The Weir Group Investor Presentation — July 2019

Document content

Presented by Jon Stanton and John Heasley

Glasgow 30 July 2019

2019 Half Year ResultsThe Weir Group PLC

Chief Executive Officer3The Weir Group PLC

H1 2019 Highlights –Jon Stanton, CEO

Financial Review –John Heasley, CFO

Business Review –Jon Stanton, CEO

Original Equipment AftermarketH1 2019 Highlights

Good growth and strategic progress

Oil & Gas Minerals ESCOSafety –18% reduction in TIR

Mining upturn continues; strong pipeline

O&G: NAM soft but International improving

Portfolio transformation delivering resultsH1 2019 revenues by division and OE/AM

Sustainable technologies gaining traction5The Weir Group PLC

Giving our people a share in our future success

Brazil Chile ChinaS. AfricaThe Weir Group PLC

Chief Financial Officer7The Weir Group PLC

Good order, revenue and profit growth

H1 2018 H1 2019£m Operating profit1,2

1 Continuing operations at constant currency.

2Adjusted to exclude exceptional items and intangibles amortisation.

3 2018 restated at H1 2019 average exchange rates and like -for-like excluding ESCO acquisition in 2018.

4Cash generated from operations includes continuing and discontinued operations and is before exceptional cash flows.1,211 1,131ESCO 289

H1 2018 H1 2019£m Orders1

H1 2018 H1 2019£m Revenue1

Dividend increased by 5%139

H1 2018 H1 2019£mCash from Operations4

H1 2018 H1 2019£m PBT2

H1 2018 H1 2019p EPS2

-11%8The Weir Group PLC

Preview truncated — download the full document for the complete content.