Eqtec inks gasification collaboration deal with Wood

26th Nov 2021 12:52

(Sharecast News) - Waste-to-energy gasification technology company Eqtec has signed a collaboration deal with energy consulting and engineering company Wood, it announced on Friday.

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Wood Group trims full-year guidance as it launches strategic review

12th Nov 2021 07:30

(Sharecast News) - John Wood Group trimmed its earnings guidance on Friday morning, cutting its adjusted EBITDA margin to between 8.5% and 8.7%, from the 8.7% to 8.9% it pencilled in at its half-year results in August.

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Wood Group signs new $1.2bn, 5-year sustainable bank facility

21st Oct 2021 10:03

(Sharecast News) - Engineer Wood Group said on Thursday that it has signed a new $1.2bn, five-year committed sustainable revolving credit facility with 16 relationship banks.

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Wood Group interims rise as order book increases

24th Aug 2021 07:04

(Sharecast News) - Consulting and engineering company Wood Group reported a rise in interim profit as trading momentum improved in the second half and its order book grew.

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Monday broker round-up

28th Jun 2021 13:28

(Sharecast News) - St James Place: HSBC downgrades to hold with a target price of 1,525p.

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Wood reaches $177m settlements over Amec FW misconduct

28th Jun 2021 08:26

(Sharecast News) - John Wood Group announced on Monday that agreements have been reached with authorities and regulators in the UK, the US and Brazil, to resolve bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business.

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Sunday newspaper round-up: Return to normal, Morrisons, Binance

28th Jun 2021 00:58

(Sharecast News) - Sajid Javid is to push for lockdown to end "as soon as possible" over fears of the "cost" of shutting down the economy. The newly appointed Health Secretary, who replaced Matt Hancock after he was forced to resign for breaking lockdown rules to conduct an affair with an aide, said on Sunday it was his "most immediate priority to see to see that we can return to normal as soon and as quickly as possible". - Sunday Telegraph

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Wood Group H1 revenues and EBITDA down double digits

24th Jun 2021 08:09

(Sharecast News) - Engineering and consulting business John Wood Group said on Thursday that revenues and underlying earnings had both slumped double digits in the first half as a result of the ongoing Covid-19 pandemic.

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Wood Group starts year slower than anticipated

13th May 2021 08:49

(Sharecast News) - John Wood Group reported quarter-on-quarter growth in its order book of 9% at the end of its first quarter, to $7.1bn (£5.05bn), with good growth in its consultancy and operations businesses.

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Wood Group sets aside $196m to settle bribery cases; Posts FY loss

16th Mar 2021 08:01

(Sharecast News) - Oil-sector services company Wood Group swung to a full-year loss, scrapped its dividend and increased provisions to settle bribery cases in the US, UK and Brazil.

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Tuesday preview: US retail sales, Wood in the spotlight

15th Mar 2021 15:52

(Sharecast News) - Investors' focus on Tuesday will be on a raft of key economic indicators due out in the States.

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Wood Group secures $120m contract for ethylene expansion in China

12th Jan 2021 10:16

(Sharecast News) - Wood Group has secured a contract valued at more than $120m with Sinopec to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone (FTZ) in South China.

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RBC Capital raises target price on John Wood

27th Nov 2020 10:13

(Sharecast News) - Analysts at RBC Capital Markets raised their target price on multinational energy services company John Wood Group from 300.0p to 360.0p on Friday following a guidance update from the firm's board.

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Wood Group extends, steps down revolving credit facility

9th Oct 2020 07:47

(Sharecast News) - Engineering outfit Wood Group on Friday said it had extended its revolving credit facility to May 2023 and would cut it to $1.5bn.

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Monday broker round-up

21st Sep 2020 13:19

(Sharecast News) - Burberry Group: RBC Capital Markets upgrades to sector perform with a target price of 1,620.0p.

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