John Wood remains in line

1st Jul 2009 07:20

Energy services provider John Wood Group said performance in the year to date remains in line with expectations. The group said although the oil price has strengthened over recent weeks, market conditions remain broadly similar to those outlined in May. "We believe the longer term market fundamentals for our services and products remain strong and we are continuing to extend our services and broaden our international presence to ensure we are well positioned to resume good growth as the energy market recovers," said the group.