Weir Group's first half profit falls 40 pct hurt by slump in oil
July 30 (Reuters) - Weir Group Plc posted a 40 percent fall in first-half pretax profit as the valve and pump maker struggled with a slump in U.S. oil and gas drilling activity.
Pretax profit for the six months to June fell to 108 million pounds ($168.4 million) from 182 mln pounds a year earlier. ($1 = 0.6414 pounds) (Reporting by Abhiram Nandakumar in Bengaluru; Editing by Gopakumar Warrier)