Weir Group PLC (OTCPK:WEGRY)
$ 13.47 0.288 (2.18%) Market Cap: 6.99 Bil Enterprise Value: 7.87 Bil PE Ratio: 24.27 PB Ratio: 3.34 GF Score: 84/100

Q1 2019 Weir Group PLC Interim Management Statement Call Transcript

Apr 30, 2019 / 07:00AM GMT
Release Date Price: $10.81 (-2.61%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to The Weir Group PLC Q1 2019 Interim Management Statement Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, 30th of April 2019.

I would now like to hand the conference over to your first speaker today, Mr. Jon Stanton, the CEO of Weir Group. Thank you, and please go ahead, sir.

Jonathan Stanton
The Weir Group PLC - CEO & Director

Thank you, operator, and good morning, ladies and gentlemen, and welcome to today's first quarter update call. I'm joined by our CFO, John Heasley, and we'll be delighted to take any questions you have in a few moments.

But first, let me take you through the highlights of the first quarter performance, starting with the group overview. ESCO made a significant contribution to headline gross levels with Minerals also delivering another good performance. In total, orders from continuing operations increased 18% year-on-year as we saw the ongoing benefits of our portfolio changes. Excluding

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