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Weir Group PLC has reported a mixed performance for the first six months of its 2025 fiscal year, with a fall in statutory profit contrasting with strong growth in adjusted earnings. The Scottish engineering firm has raised its interim dividend and upgraded its full-year operating margin guidance.

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Wbg has appointed former Tesco Bank chief Benny Higgins as its new chairman to spearhead an ambitious national growth strategy. Currently chairman of Glasgow-based investment firm N4 Partners, whose seven-figure investment last year made it the majority shareholder of Wbg, Mr Higgins succeeds Lorna

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