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

Weir Group PLC Spotlight Capital Markets Webinar Transcript

Dec 02, 2022 / 02:30PM GMT
Release Date Price: $10.76 (-2.36%)
Jonathan Stanton
The Weir Group PLC - CEO & Director

Welcome, everyone, and thank you for joining us at the second of our 2 capital markets spotlight events in 2022. Our virtual webinar today is focusing on sustainability and technology. And this follows on from our event in September on growth and our Performance Excellence transformation program. Before we turn to today's agenda, I want to outline the overall positioning of Weir as a focused mining technology leader.

Our recently completed portfolio transformation means we're focused on mining and able to prioritize our resources on pursuing the long-term sustainable growth opportunity this presents. I believe this is compelling because, first, mining has a critical role in decarbonization with the world needing significantly more metals, such as copper, nickel and lithium to deliver the transition to net zero. Second, 75% of our revenues come from aftermarket driven by all production trends and which is inelastic to mining CapEx and commodity price fluctuations, meaning we are highly resilient.

And third, by focusing our

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot