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Weir Group Plc Comments Q1, H1, H2 FY 2013 Guidance-Conference Call


Wednesday, 1 May 2013 02:00am EDT 

Weir Group Plc announced that it continues to expect a year of increased profits, with low single-digit revenue growth and broadly stable margins, although the first half of 2013 revenues and margins will be offset by second half of 2013 growth, supported by the continuation of the gradual economic and end-market improvement seen in the first quarter of 2013. The Company reported revenues of GBP2.54 billion and Net Income of GBP318.6 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of GBP2.62 billion, Net Income of GBP319.63 million for fiscal 2013, revenues of GBP1.27 billion for the first half of 2013 and GBP1.34 billion . 

Company Quote

2713.0
9.0 +0.33%
11:38am EDT