Digital Transformation in Mining
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The Weir Group (OTCPK:WEGR.Y) 2025 Earnings Call Presentation
2025-12-03 14:00
Financial Performance & Targets - The company aims to sustainably exceed 20% operating profit margin from 2026[9, 28, 156] - The company targets 90-100% free operating cash flow conversion[9, 28] - The company's aftermarket (AM) business is growing at approximately 7% CAGR[28] Growth Strategies - The company is focused on mid to high single-digit percentage organic revenue growth through the cycle[28] - The company's software solutions are projected to grow at 20-30% annually[24, 50] - ESCO aims to increase its total addressable market (TAM) by approximately 10% by going direct in Chile[93] Software Solutions (Micromine) - Micromine has a 93% customer retention rate[55] - Micromine operates in a £3.8 billion total addressable market, with Micromine currently representing £100 million of that market[43, 50] - 75% of Micromine's customer-facing team are geologists and mining engineers[39] Minerals Division - The company has a £40 million contract win for a sustainable tailings solution in Chile[118] - NEXT intelligent solutions have driven a £10 million annual sales uplift in one region[133] - The company estimates savings of up to $150,000 per hour by avoiding downtime through AI-driven predictive analytics[131]