The Weir Group PLC (WEIR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone, and many thanks for joining the call today to discuss our results for the first half of 2026. Before we start, I'd like to draw your attention to the usual cautionary notice on forward-looking statements. We have a lot to share today, but before we dive into our results for the half, I'd like to hand you over to Andrew Neilson, who will be taking over the reins as CEO next week, to say a few words. After we hear from Andrew, I'll start with some of the key highlights of the first half performance, and the progress that we've made against our key strategic priorities. Brian Puffer, our CFO, will then run through the numbers in more detail and finish an outlook, after which I'll give you some closing remarks before taking your questions. So with that, I'll hand over to Andrew. Good morning, everyone. I'm very excited to be picking up the baton from John and leading a business of Weir's quality, heritage and potential. I've been with Weir for 16 years and I've worked across all areas of the business from strategy and M&A to integrating and leading ESCO and most recently heading up our minerals division. That experience has given me a deep understanding of our markets, our customers, our operating model and the rich capabilities that differentiate Weir from our peers. It has been a privilege to work so closely with Jon over the last decade. helping transform Weir into a focused mining technology leader. Today, our strength is underpinned by a stronger, more resilient portfolio that now comprises both hardware and software solutions. That is opening up more and more opportunities to help customers all around the world respond to the rising demand for critical minerals, sustainable practices and responsible capex. As Chief Executive, my focus will be...