Weir Group PLC Investor Roadshow Update (9269Z)
September 06 2018 - 1:01AM
UK Regulatory
TIDMWEIR
RNS Number : 9269Z
Weir Group PLC
06 September 2018
Investor roadshow and update on North American oil and gas
market
Over the next two days The Weir Group is undertaking its usual
investor roadshow in London to discuss its half year results and
strategic progress post the completion of the ESCO acquisition.
Given updates from oil and gas industry peers in recent days the
company expects to discuss current North American oil and gas
market conditions. Those market conditions were in line with
management expectations through to mid-August. In the last two
weeks of August activity levels supporting our Oil & Gas
aftermarket business remained as expected, albeit with initial
signs of pricing pressure. However, there was a considerable
softening in demand for original equipment and some order book
delivery deferrals.
No further information on current trading will be provided.
Enquiries:
Investors: Stephen Christie +44 (0) 779 511 0456
---------------------
Media: Raymond Buchanan +44 (0) 771 326 1447
---------------------
Brunswick: Patrick Handley/Nick Cosgrove +44 (0) 207 404 5959
---------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCUGUUWBUPRPWA
(END) Dow Jones Newswires
September 06, 2018 02:01 ET (06:01 GMT)
Weir (LSE:WEIR)
Historical Stock Chart
From Apr 2024 to May 2024
Weir (LSE:WEIR)
Historical Stock Chart
From May 2023 to May 2024