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Weir Group battles miners' lower capex

Forecasts a fifth straight year of spending decline

Alex Hamer
Pump it up: services company Weir looking for opportunities in a market that continues to struggle

Pump it up: services company Weir looking for opportunities in a market that continues to struggle

The uptick in its minerals division, with its operating profit up 13% year-on-year to £217 million (US$272 million), was tempered by another bad year for its oil and gas division, which lost £9 million. These...

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