Wood Group confirms FY results remain in line with guidance
11th Apr 2022 09:10
(Sharecast News) - Wood Group said on Monday that its full-year results remain in line with the guidance given in January and that the exceptional charge related to the Aegis Poland contract remains at around $100m.
Read moreBerenberg hikes target price on John Wood
14th Jan 2022 12:44
(Sharecast News) - Analysts at Berenberg raised their target price on oilfield services provider John Wood Group from 250.0p to 300.0p on Friday after the firm released a full-year trading statement indicating both revenues and adjusted underlying earnings were in line with prior guidance and consensus.
Read moreWood Group to sell environment unit as core earnings fall
13th Jan 2022 08:07
(Sharecast News) - Consulting and engineering company John Wood Group on Thursday reported a fall in core profit and said it was selling its built environment division after a review.
Read moreEqtec 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.
Read moreWood 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.
Read moreWood 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.
Read moreWood 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.
Read moreMonday broker round-up
28th Jun 2021 13:28
(Sharecast News) - St James Place: HSBC downgrades to hold with a target price of 1,525p.
Read moreWood 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.
Read moreSunday 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
Read moreWood 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.
Read moreWood 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.
Read moreWood 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.
Read moreTuesday 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.
Read moreWood 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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