Sell Side Analyst Visit

The Weir Group PLC

17 December 2014

SELL SIDE ANALYST VISIT

The Weir Group PLC ("Weir" or "the Group") will today host a number of sell side equity analysts at its Oil & Gas headquarters and Pressure Pumping facility in Fort Worth, Texas. 

An overview of the Pressure Pumping and Pressure Control activities of the Oil & Gas division will be provided, focusing on the transformation of the portfolio over the past three years, the expansion of the division's offering and the aftermarket biased business model developed by Pressure Pumping.  The presentation will demonstrate the underlying organic growth and market share gains achieved through the cycle, while highlighting the levers and opportunities within the business which will enable it to manage and react swiftly to the expected decline in activity levels in 2015.

The presentation has been made available on the Group's website at www.weir.co.uk.

Management will confirm that trading in Pressure Pumping and Pressure Control in October and November continued broadly as expected and in line with the levels seen in the third quarter of 2014.  Forward visibility remains limited as customers in North America continue to evaluate their response to recent oil price declines.  Drilling and activity levels have remained robust, supporting continued strong aftermarket demand, although oil price uncertainty contributed to November original equipment orders falling back to Q1-14 levels.   

The Group will publish its 2014 full year results, for the period to 2 January 2015, on 25 February 2015.

Contact details: The Weir Group PLC
Investors:
Stephen Christie, Head of Investor Relations	Tel: + 44 141 308 3707/ [phone]
Media:
Raymond Buchanan, Head of Communications	Tel: + 44 141 308 3781/ [phone]
Ross Easton, Communications Manager	Tel: + 44 141 308 3779/ + 44 7920 190994
Brunswick Group: Patrick Handley / Nina Coad	Tel: + 44 207 7404 5959

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: The Weir Group PLC via Globenewswire

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