Weir Reports Full Year Results for 2010
Thursday, April 14, 2011
Revenue in Weir’s Power & Industrial Division
increased by 6% to £246m (2009: £231m), growing 3% on a like-for-like basis.
This reflects a strong opening order book, weak aftermarket and increased
deliveries of original equipment products to the Chinese nuclear market.
Operating profit increased by £2.6m to £26.3m including a
£1.0m contribution from the current year acquisitions and costs of £2.6m,
relating to the restructuring of the Canadian service operations and other
integration and acquisition related costs. More…