The Weir Group PLC (WEIR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to WEIR's 2025 full year results presentation. Before we start, I would like to draw your attention to the usual cautionary notice on forward-looking statements. We've had a very strong year, so there's a lot to cover today. I'll start with introductory remarks, then Brian Puffer, our CFO, will present the financial review. I'll then return to cover our strategic progress during the year and our outlook for 2026. And after the presentation, both Brian and I look forward to answering your questions. So, beginning with our equity case, WEIR is delivering on the sustainable growth in shareholder returns that we promised. WEIR today is a focused technology partner to the mining industry with market-leading hardware and software solutions both of which leverage our secret source of mission-critical technologies and unmatched customer intimacy to deliver a unique value proposition protected by high barriers to entry. We are poised to benefit from multi-decade favourable market demand tailwinds for critical minerals, while the adoption of new technologies to enable sustainable mining will only boost the potential opportunity set available to WEIR. And as we now pivot our focus to growth, we are driving returns with strong through-cycle organic growth, excellent execution and compounding M&A. With the platform we now have in place, there is significant potential for incremental value creation. Turning to our results in 2025, we delivered a strong financial performance, reflecting WEIR's market-leading technology and deep customer relationships. We successfully navigated the uncertainty arising from tariffs and global supply chain disruptions, leveraging the flexibility created in our operational footprint to provide seamless service to our c...