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

Half Year 2019 Weir Group PLC Earnings Call Transcript

Jul 30, 2019 / 07:00AM GMT
Release Date Price: $9.09 (-5.31%)
Operator

Ladies and gentlemen, welcome to the Weir Group PLC Half Year Results Call 2019. My name is Terry, and I'll be coordinating today's call. (Operator Instructions). I will now hand over to your host, Jon Stanton, to begin. Jon, please go ahead.

Jonathan Stanton
The Weir Group PLC - CEO & Director

Thank you, operator, and good morning, ladies and gentlemen, and thank you for joining this webcast. As usual, I'm here in Glasgow with our CFO, John Heasley, and we'll be delighted to take any questions you have after a short presentation. We'll start with a brief look at the highlights from the first half, before John goes into more detail on the group's financial performance. I'll then return with a look at our markets and how we are positioning the business, including some exciting new technologies we've been developing and we'll conclude with the group's outlook for the rest of the year.

Let me start with our top priority, the safety of our people. Pleased to report an 18% like-for-like reduction in the group's total incident rate to 0.58%. And we've

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