Wood 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.
Read moreWood Group secures $250m contract extension in Brunei
3rd Jul 2023 07:33
(Sharecast News) - Wood Group said on Monday that it has secured a $250m contract extension from Brunei Shell Petroleum, Brunei's largest energy producer.
Read moreApollo pulls plans for Wood Group bid
15th May 2023 07:09
(Sharecast News) - Shares in Wood Group plunged by more than a third on Monday as US private equity firm Apollo Global pulled plans to make a takeover offer for the UK oil industry engineer.
Read moreWood Group holds guidance as Q1 revenues grow
11th May 2023 07:03
(Sharecast News) - Oil and gas engineer Wood Group, currently in talks on a potential $1.6bn takeover by private equity group Apollo, held annual guidance as first quarter revenues increased.
Read moreWood Group opens talks with Apollo on possible £1.6bn bid
17th Apr 2023 07:04
(Sharecast News) - Shares in Wood Group surged on Monday after the oil and gas engineering firm said it had decided to start talks with US private equity group Apollo on a potential £1.66bn takeover.
Read moreApollo makes final takeover offer for Wood Group at £1.66bn
4th Apr 2023 16:15
(Sharecast News) - Private equity firm Apollo Global Management said on Tuesday that it has made a fifth and final takeover offer for engineering firm Wood Group at £1.66bn.
Read moreBerenberg downgrades Wood Group after outperformance
31st Mar 2023 14:47
(Sharecast News) - Berenberg downgraded Wood Group on Friday to 'hold' from 'buy' following recent outperformance, as it lifted its price target to 200p from 165p due to "the improved outlook", but said near-term risks are somewhat balanced.
Read moreWood Group profits at top end of guidance
28th Mar 2023 07:49
(Sharecast News) - Wood Group said on Tuesday that full-year profit was at the top end of its guidance range, thanks in part to solid performances from its consulting and operations businesses.
Read moreWood Group grants Apollo extension on bid deadline
17th Mar 2023 07:16
(Sharecast News) - Private equity firm Apollo has been given an extension on whether it will formally bid for Wood Group after three prior approaches were rebuffed.
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