The following is the text of the statement delivered by the Chairman, Sir Ronald Garrick, at this year’s AGM.
The Chairman of The Weir Group, Sir Ron Garrick commented: “Despite difficult market conditions, Group results for 2001, prior to exceptional items, were broadly similar to last year and, once again, cash generation was excellent.”
Weir Westgarth have claimed another first with the shipping of a valuable sulphate removal plant for the offshore Brasil oilfields in December.
The Weir Group PLC announces that Sir Robert Smith has been appointed a non-executive director and Chairman Designate with immediate effect. Sir Ron Garrick, Chairman of The Weir Group, has indicated his intention to retire from the Board at the end of June 2002, at which time Sir Robert will succeed him as Chairman.
Weir Group PLC has announced senior appointments at three of its major subsidiaries to strengthen its existing management teams.
The Weir Pumps website has been re-launched with a new contemporary look and some new features. These new features include a rapid quotation form, a product information download section and a site search facility.
The 905 range of end suction process pumps is designed in accordance with ISO 5199 and BS EN 22858:1995. A modular system enables a wide range of options to be provided from stock. Computerised selection ensures fast, accurate selection and response.
Glasgow, May 29th: The Weir Group PLC announces the appointment of Mr Mark Selway as Chief Executive. He will take up his appointment on 5th June 2001.
Matthew Winser has joined pump manufacturer Weir Engineering Pty Ltd as product manager, Hidrostal pumps.
The Weir Group has completed its largest ever contract for the mining industry.
