The Weir Group designs, manufactures, and sells highly-engineered products and services worldwide. The Company's Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, pontoons and barges, hydrocyclones, conveyors; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets. Its Oil and Gas segment provides products and service solutions for upstream, production, transportation, and related industries. The Flow Control segment designs and manufactures valves and pumps, as well as provides specialist support services to the power generation, industrial, and oil and gas sectors.

Employee Rating

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TypePublic
HQGlasgow, GB
Founded1871
Size (employees)14,906 (est)
Websiteglobal.weir
The Weir Group was founded in 1871 and is headquartered in Glasgow, GB
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Key People/Management at The Weir Group

John Heasley

John Heasley

CFO
Ricardo Garib

Ricardo Garib

President of Weir Minerals
Jon Owens

Jon Owens

President of ESCO Division
Geetha Dabir

Geetha Dabir

Chief Technology Officer
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The Weir Group Office Locations

The Weir Group has offices in Glasgow, White Settlement, Melbourne and East Kilbride
Glasgow, (HQ)
1 West Regent Street
East Kilbride,
Bramah Avenue, Scottish Enterprise Technology Park, East Kilbride, Lanarkshire
Melbourne,
3 1-9 Collins St
White Settlement,
7711 Weir Way
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The Weir Group Financials and Metrics

The Weir Group Revenue

The Weir Group's revenue was reported to be £2.36 b in FY, 2017 which is a 27.7% increase from the previous period.
GBP

Revenue (FY, 2017)

2.4b

Revenue growth (FY, 2016 - FY, 2017), %

27.7%

Gross profit (FY, 2017)

736.7m

Gross profit margin (FY, 2017), %

31.3%

Net income (FY, 2017)

190.4m

EBIT (FY, 2017)

291.8m

Cash (31-Dec-2017)

284.6m

EV

5.1b
GBPFY, 2014FY, 2016FY, 2017

Revenue

2.4b1.8b2.4b

Revenue growth, %

(4%)28%

Cost of goods sold

1.2b1.6b

Gross profit

603.2m736.7m
GBPFY, 2003FY, 2014FY, 2016FY, 2017

Cash

117.9m79.1m258.6m284.6m

Accounts Receivable

131.9m444.3m387.8m516.5m

Prepaid Expenses

45.3m59.8m

Inventories

99.7m485.0m551.6m586.8m
GBPFY, 2003FY, 2014FY, 2016FY, 2017

Net Income

42.9m335.7m131.9m190.4m

Cash From Operating Activities

55.9m389.9m216.0m128.4m

Purchases of PP&E

(50.5m)(67.8m)

Cash From Investing Activities

7.9m(127.5m)
GBPY, 2017

EV/EBIT

17.5 x

EV/CFO

39.7 x

Financial Leverage

2.4 x
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The Weir Group Operating Metrics

The Weir Group's Orders was reported to be 2.4 b in FY, 2017.
FY, 2015FY, 2016FY, 2017

Orders

2.08 b1.99 b2.40 b
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The Weir Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ESCOApril 20, 2018$1.30 b

The Weir Group Revenue Breakdown

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The Weir Group revenue breakdown by business segment: 14.9% from Provision of services, 54.4% from Aftermarket parts, 28.3% from Original equipment and 2.5% from Other

The Weir Group revenue breakdown by geographic segment: 14.0% from Middle East & Africa, 13.2% from South America, 8.2% from Australia, 13.4% from Asia Pacific, 7.6% from Europe & FSU , 10.2% from Canada , 30.3% from US and 3.1% from Other

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The Weir Group Online and Social Media Presence

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The Weir Group News and Updates

Global Oil and Gas Pumps Market 2019-2023 with Flowserve, General Electric, Grundfos, Ingersoll-Rand, ITT, Sulzer & The Weir Group Dominating

DUBLIN, Nov 1, 2018 /PRNewswire/ -- The "Global Pumps Market for Oil and Gas Industry 2019-2023" report has been added to ResearchAndMarkets.com's offering. The global pumps market for oil and gas industry to grow at a CAGR of 3.83% during the period 2018-2023. Global Pumps Market for Oil ...

High Pressure Pumps 2018 Global Market Key Players – Andritz, Gea Group, Grundfos, Sulzer Ltd, The Weir Group Plc – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global High Pressure Pumps Market Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
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The Weir Group Company Life and Culture

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The Weir Group Frequently Asked Questions

  • When was The Weir Group founded?

    The Weir Group was founded in 1871.

  • Who are The Weir Group key executives?

    The Weir Group's key executives are John Heasley, Ricardo Garib and Jon Owens.

  • How many employees does The Weir Group have?

    The Weir Group has 14,906 employees.

  • What is The Weir Group revenue?

    Latest The Weir Group annual revenue is £2.4 b.

  • What is The Weir Group revenue per employee?

    Latest The Weir Group revenue per employee is £158.1 k.

  • Who are The Weir Group competitors?

    Competitors of The Weir Group include Colfax Corporation, Gardner Denver and Superior Drilling Products.

  • Where is The Weir Group headquarters?

    The Weir Group headquarters is located at 1 West Regent Street , Glasgow.

  • Where are The Weir Group offices?

    The Weir Group has offices in Glasgow, White Settlement, Melbourne and East Kilbride.

  • How many offices does The Weir Group have?

    The Weir Group has 4 offices.