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John Wood Group PLC (WG.L)

WG.L on London Stock Exchange

620.50GBp
15 Dec 2017
Change (% chg)

-0.50 (-0.08%)
Prev Close
621.00
Open
619.50
Day's High
620.50
Day's Low
610.00
Volume
4,315,400
Avg. Vol
5,020,071
52-wk High
909.00
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553.00

Latest Key Developments (Source: Significant Developments)

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

Amec Foster issues update on non-core disposal programme
Thursday, 29 Jun 2017 

June 29 (Reuters) - Amec Foster Wheeler Plc ::Update on non-core disposal programme.‍Decision to retain European nuclear business​.‍North american nuclear operations disposal to continue​.In consultation with board of John Wood Group, board of Amec Foster Wheeler has decided to retain European nuclear business​.‍Co to proceed only with disposal of North American business, completion of which is expected later this year​.Iin full year results for 2016, North American nuclear operations contributed revenue of 83 mln stg and trading profit of 1 mln stg​.  Full Article

Shell discussing 17 asset disposals as part of $30 bln divestments - CFO
Thursday, 28 Jul 2016 

: Shell ceo says sees global refining to remain long . Shell cfo says concerned about potential loss of british influence on financial market legislation after brexit . Shell cfo says company in discussions on 17 asset disposals as part of $30 billion divestment programme . Shell ceo says had issues with helicopter transport to north sea platforms where wood group workers were on strike . Shell cfo says sees earnings impact of a few hundred million dollars per year from dutch government decision to cut groningen gas field output (London Equities Newsroom) ((+44 20 7542 7717;)).  Full Article

Oilfield services provider Wood Group reiterates FY guidance
Thursday, 30 Jun 2016 

John Wood Group Plc : Trading update for the six months to 30 June 2016 . Overall outlook for full year has not changed and there is no change to EBITA guidance of around 20 pct down on 2015 as given in May .Our intention remains to increase dividend per share by a double digit percentage for 2016.  Full Article

John Wood Group wins Kiewit services contract
Tuesday, 28 Jun 2016 

John Wood Group Plc : Wood Group awarded multimillion dollar engineering and procurement services contract for statoil's Peregrino field. .Wood Group Mustang will perform work for Kiewit Offshore Services..  Full Article

John Wood buys Aberdeen-based engineering business
Friday, 17 Jun 2016 

John Wood Group Plc :Acquires trade and assets of enterprise engineering services limited's aberdeen fabrication and manufacturing business.  Full Article

UK's Wood Group sees 2017 core earnings of $590-$600 mln

Dec 13 Oilfield services company John Wood Group Plc, which bought smaller rival Amec Foster Wheeler earlier this year, said on Wednesday it expects 2017 core earnings of between $590 million and $600 million.