Berenberg cuts Wood Group target on weak cash generation
8th Apr 2024 09:25
(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg, but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.
Read moreLondon close: Stocks rise as US consumer confidence remains stable
26th Mar 2024 17:06
(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.
Read moreWood Group misses estimates for 2023 but upgrades guidance
26th Mar 2024 09:19
(Sharecast News) - Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023.
Read moreLondon close: Stocks rise on positive UK economic data
12th Jan 2024 15:39
(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.
Read moreStrong order book boosts Wood Group earnings
12th Jan 2024 07:05
(Sharecast News) - Oil industry services company Wood Group said full-year adjusted core earnings would be slightly ahead of expectations on the back of a strong order book.
Read moreLondon close: Stocks rise as UK inflation slows further
20th Dec 2023 15:05
(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.
Read moreBerenberg lowers target price on John Wood Group
19th Dec 2023 09:14
(Sharecast News) - Analysts at Berenberg lowered their target price on engineering and consulting business John Wood Group from 200.0p to 180.0p on Tuesday, noting it still sees opportunities elsewhere in the sector.
Read moreWood Group reiterates FY guidance
9th Nov 2023 08:27
(Sharecast News) - Engineering and consulting business John Wood Group reiterated its full-year outlook on Thursday after securing "significant contract wins" in the third quarter.
Read moreWood Group appoints Arvind Balan as CFO
1st Nov 2023 08:14
(Sharecast News) - John Wood Group said on Wednesday that it has appointed Arvind Balan as its chief financial officer and executive director with effect from 15 April 2024.
Read moreLondon close: Stocks fall on back of weak services data
5th Sep 2023 15:22
(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.
Read moreWood Group signs $330m services deal with Harbour Energy
4th Sep 2023 07:10
(Sharecast News) - Engineering company Wood Group said it had struck a $330m services agreement with North Sea oil and gas producer Harbour Energy.
Read moreSunday share tips: Wood Group, Cake Box
27th Aug 2023 10:27
(Sharecast News) - The recent failed takeover for Wood Group could present a buying opportunity for investors, suggests the Mail on Sunday's Midas column.
Read moreDirector dealings: LSE, Wood Group non-execs make purchases
24th Aug 2023 14:14
(Sharecast News) - London Stock Exchange was on the list of director buys on Thursday, after an independent non-executive director was linked to a purchase.
Read moreWood Group sees FY ahead of expectations as H1 profit rises
22nd Aug 2023 07:02
(Sharecast News) - Engineering and consultancy company Wood Group on lifted annual earnings guidance after winning major contracts as it posted better-than-expected adjusted interim earnings, driven by a strong order book.
Read moreWood Group 1H profits in line with expectations, trading described as 'good'
13th Jul 2023 07:44
(Sharecast News) - Wood Group posted strong revenue growth for the half and said that adjusted operating profits were in line with its own forecasts.
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