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Insider UK
Insider UK
Peter A Walker

Weir reports easing of supply chain challenges

Weir has reported "significant growth" in aftermarket orders during the third quarter of this year.

The Glasgow-headquartered engineering group's latest trading update revealed that production trends and installed base expansion supported aftermarket order growth of 21%, while integrated solutions and small brownfield activity drover original equipment order growth by 12%.

This has led to revenues rising "strongly" year-on-year, as supply chain and logistics challenges eased and input cost inflation mitigated.

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