
The company’s 12 percent profit rise, to the tune of £443 million, was underpinned by the strong performance of its minerals division.
Weir Minerals, which specialises in supplying slurry handling equipment, was boosted by continued demand growth in Chinese and emerging markets for key commodities such as copper.
Weir also said cost efficiencies helped it achieve a record year, which saw revenue up by 12 percent to more than £2.5 billion.