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John Wood Group PLC (WG.L)

WG.L on London Stock Exchange

625.60GBp
2:09pm IST
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9.80 (+1.59%)
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615.80
Open
613.40
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753.50
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Latest Key Developments (Source: Significant Developments)

John Wood Gets Dounreay Nuclear Design And Engineering Contract
Tuesday, 10 Jul 2018 

July 10 (Reuters) - John Wood Group PLC ::WOOD WINS DOUNREAY NUCLEAR DESIGN AND ENGINEERING CONTRACT.HAS WON A FRAMEWORK CONTRACT TO PROVIDE DESIGN AND ENGINEERING SERVICES TO DOUNREAY NUCLEAR SITE IN SCOTLAND, UK.EFFECTIVE IMMEDIATELY, CONTRACT WILL RUN FOR UP TO 4 YEARS, INCLUDING TWO POTENTIAL 1-YEAR EXTENSIONS, ESTIMATED VALUE OF $3-4M TO WOOD.  Full Article

John Wood Says Secured Contract With Hyundai Engineering
Tuesday, 3 Jul 2018 

July 3 (Reuters) - John Wood Group PLC ::SECURED MULTI-MILLION DOLLAR CONTRACT WITH HYUNDAI ENGINEERING.CONTRACT TO PROVIDE DETAILED ENGINEERING SERVICES AND MATERIAL SUPPLY FOR STEAM METHANE REFORMER IN MALAYSIA.  Full Article

John Wood Says Remains On Track To Deliver Growth In 2018
Thursday, 28 Jun 2018 

June 28 (Reuters) - John Wood Group PLC ::REMAIN ON TRACK TO DELIVER GROWTH IN 2018.IN FIRST HALF WE HAVE SEEN CONTINUED MOMENTUM IN TRADING, COST AND REVENUE SYNERGY DELIVERY.FULL YEAR OUTLOOK IS UNCHANGED.CONTINUING TO SEE EARLY SIGNS OF RECOVERY IN CORE OIL & GAS MARKET AND GOOD CONTRACT AWARDS IN BROADER INDUSTRIAL SECTORS.ANTICIPATE DELIVERING FIRST HALF REVENUE OF C$5.1BN - C$5.2BN AND EBITA IN RANGE OF C$250-C$260M.NET DEBT AT END OF JUNE IS ANTICIPATED TO BE APPROXIMATELY $1.7BN.INTEGRATION PROGRAMME REMAINS AHEAD OF SCHEDULE.ANTICIPATE AN EXIT RUN RATE OF OVER $80M BY END OF FIRST YEAR POST DEAL COMPLETION.REMAIN CONFIDENT OF DELIVERING ANNUALISED RUN RATE COST SYNERGIES OF AT LEAST $170M BY END OF THIRD YEAR FOLLOWING COMPLETION.ASSET DISPOSAL PROGRAMME IS PROGRESSING WELL AND WE ANTICIPATE ANNOUNCING DISPOSALS IN SECOND HALF.  Full Article

John Wood Group Says Wins Contracts For Teva Biotech Facility In Germany
Wednesday, 23 May 2018 

May 23 (Reuters) - John Wood Group PLC ::PRESS RELEASE REG-WOOD GROUP (JOHN)PLC: WOOD WINS CONTRACT FOR BIOTECH FACILITY.JOHN WOOD - HAS BEEN AWARDED A $US MULTI-MILLION CONTRACT BY TEVA BIOTECH GMBH.JOHN WOOD - CONTRACT TO PROVIDE ENGINEERING, PROCUREMENT, CONSTRUCTION MANAGEMENT, COMMISSIONING AND QUALIFICATION FOR A NEW BIOTECHNOLOGICAL FACILITY.EXPECTED COMPLETION WILL BE 2020, WHILE TECH TRANSFER IS PLANNED TO BEGIN IN 2021.  Full Article

John Wood Says Overall Outlook Unchanged For 2018
Friday, 11 May 2018 

May 11 (Reuters) - John Wood Group PLC ::FOR 2018, OVERALL OUTLOOK IS UNCHANGED.EXPECT TO DELIVER REVENUE AND EARNINGS GROWTH IN 2018 AND AN IN-YEAR BENEFIT FROM COST SYNERGY DELIVERY OF >$50MLN.CONFIDENT OF DELIVERING EBITA IN LINE WITH GUIDANCE AND MARKET EXPECTATIONS.PHASING OF COST SYNERGIES, PROJECTS AND MARKET RECOVERY EXPECTED TO RESULT IN ABOUT 60% WEIGHTING OF EARNINGS TO H2 OF YEAR.SAW GOOD TRADING MOMENTUM ACROSS BUSINESS IN Q1.  Full Article

John Wood Group Says Core Oil & Gas Market Continued To Present Challenges In 2017
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - John Wood Group Plc ::JOHN WOOD GROUP PLC SAYS CURRENTLY ESTIMATE THAT 2017 PROFORMA WOOD EBITA FROM CONTINUING BUSINESSES WILL BE IN REGION OF $590 MILLION TO $610 MILLION.JOHN WOOD GROUP PLC SAYS NET DEBT AT 31 DECEMBER EXPECTED TO BE AROUND $1.8 BILLION.CONTINUE TO COOPERATE WITH INVESTIGATION BY SFO, VOLUNTARY REQUESTS FOR INFORMATION FROM DOJ,SEC REGARDING AFW'S PAST USE OF THIRD PARTY AGENTS.NO MATERIAL DEVELOPMENTS IN CO'S INTERNAL INVESTIGATION INTO HISTORICAL ENGAGEMENT WITH UNAOIL SINCE UPDATE.SAYS CORE OIL & GAS MARKET CONTINUED TO PRESENT CHALLENGES IN 2017.SAYS RETAIN PROGRESSIVE DIVIDEND POLICY AND INCREASED FIRST HALF DIVIDEND BY 3 PERCENT.  Full Article

John Wood Group Wins Multi-Million Dollar Contract Supporting Glaxosmithkline In Germany​
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - John Wood Group Plc ::WOOD WINS CONTRACT SUPPORTING GLAXOSMITHKLINE.‍WOOD WINS MULTI-MILLION DOLLAR CONTRACT SUPPORTING GLAXOSMITHKLINE IN GERMANY​.  Full Article

John Wood Group announces ‍disposal of its North American nuclear operations​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - John Wood Group Plc :‍DISPOSAL OF AFW'S NORTH AMERICAN NUCLEAR OPERATIONS​.‍WOOD HAS TODAY ENTERED INTO AN AGREEMENT TO SELL ITS NORTH AMERICAN NUCLEAR OPERATIONS TO KINECTRICS INC​.‍CASH CONSIDERATION FOR DEAL IS AVOUT C$10M AFTER ADJUSTMENTS FOR DEFINED BENEFIT PENSION RELATED DEBT.‍TRANSACTION IN RESPECT OF CANADIAN AND US OPERATIONS IS EXPECTED TO CLOSE IN Q4 OF 2017 SUBJECT TO COMPETITION CLEARANCE IN CANADA​.‍ROMANIAN DISPOSAL IS EXPECTED TO CLOSE EARLY IN 2018, SUBJECT TO REGULATORY APPROVAL IN ROMANIA​.  Full Article

John Wood secures engineering contract from Honghua for LNG platform development in Mexico
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Honghua Group Ltd <0196.HK>:HONGHUA GROUP AWARDED $12 MILLION FEED CONTRACT TO WOOD FOR LNG PLATFORM DEVELOPMENT IN WEST DELTA AREA OF GULF OF MEXICO‍​.  Full Article

Wood Group wins multi-million dollar contract from Total
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - John Wood Group Plc ::WOOD WINS MULTI-MILLION DOLLAR CONTRACT WITH TOTAL.‍AWARDED A NEW MULTI-MILLION DOLLAR CONTRACT BY TOTAL, SUPPORTING THEIR LINDSEY OIL REFINERY LOCATED IN NORTH KILLINGHOME, LINCOLNSHIRE, UK​.‍NEW CONTRACT WILL COMMENCE ON 1 JANUARY 2018​.  Full Article

Wood Group sees good trading momentum, Amec integration ahead of schedule

May 11 British oilfield services firm Wood Group Plc said on Friday it saw good trading momentum in the first quarter and its integration of Amec Foster Wheeler was ahead of schedule, sending its shares surging as much as 7.3 percent.