Weir Group delivered full-year 2025 results that comfortably met analyst forecasts, posting adjusted operating profit of £518 million and revenue of £2,565 million. This performance, announced on Wednesday, reflects a 6% constant currency revenue increase driven by strong aftermarket sales growth (8%) and modest original equipment growth (2%). The company also reported adjusted earnings per share of 123.8 pence, aligning perfectly with the consensus view.

Weir significantly strengthened its strategic position in 2025 through three key acquisitions: Micromine for £624 million, Townley for £111 million, and Fast2Mine for £25 million. These deals bolstered its software capabilities and North American footprint. While net debt rose to £1,274 million from £535 million, the net debt to EBITDA ratio of 1.9 times remained within guidance. The company upgraded its Performance Excellence savings target to £90 million from £80 million, with £30 million expected in 2026, bringing total program costs to £113 million.

The 2026 outlook projects mid-single-digit organic revenue growth in constant currency and approximately 50 basis points of operating margin expansion. Weir expects free operating cash conversion between 90-100%. Chief Executive Jon Stanton expressed encouragement, stating the company made "significant strategic progress" advancing its growth strategy through digital investments, geographic expansion, and product extensions. The board recommended a final dividend of 22.1 pence per share, increasing the full-year total to 41.7 pence (+4%).