Belfast Telegraph

Pump-maker Weir sees profits surge

PUMP and valves maker Weir said its five-year plan to double profits remained on track after a year in which it stormed into the FTSE 1 Index. The Glasgow-based group, which has benefited from soaring demand in the oil, gas and mining sectors, posted a 58% jump in full-year profits to £295m and is confident of continued growth.

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