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United Kingdom

John Wood Group PLC (WG.L)

WG.L on London Stock Exchange

433.00GBp
16 Aug 2019
Change (% chg)

0.60 (+0.14%)
Prev Close
432.40
Open
438.90
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440.40
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428.50
Volume
1,544,095
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2,254,441
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801.20
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379.74

Latest Key Developments (Source: Significant Developments)

Wood Plc Wins $1 Bln Nuclear Engineering Design Contract
Thursday, 9 May 2019 

May 9 (Reuters) - Wood Plc ::WOOD WINS $1 BLN NUCLEAR ENGINEERING DESIGN CONTRACT.SECURED A NEW CONTRACT WORTH UP TO $1 BILLION TO PROVIDE ENGINEERING DESIGN SERVICES TO SELLAFIELD LTD OVER NEXT 20 YEARS.SELECTED AS DESIGN AND ENGINEERING PARTNER AT UK'S NUCLEAR SITE AS PART OF NEW PROGRAMME AND PROJECT PARTNERS (PPP) PROCUREMENT MODEL.  Full Article

Wood Names Roy Franklin As Chair Of Board
Thursday, 9 May 2019 

May 9 (Reuters) - Wood Plc ::REG-WOOD GROUP (JOHN)PLC: CHAIR SUCCESSION.APPOINTMENT OF ROY FRANKLIN AS CHAIR OF BOARD OF DIRECTORS WITH EFFECT FROM 1 SEPTEMBER 2019..APPOINTMENT OF ROY FRANKLIN AS CHAIR OF BOARD.  Full Article

Wood Says Q1 Performance Slightly Ahead Of Prior Year
Thursday, 9 May 2019 

May 9 (Reuters) - Wood Plc ::PERFORMANCE IN Q1 IS SLIGHTLY AHEAD OF PRIOR YEAR.OUTLOOK UNCHANGED: CONFIDENT OF ACHIEVING FURTHER EARNINGS GROWTH AND STRONG CASH GENERATION IN 2019.SEEING REVENUE GROWTH IN OUR SUBSEA AND TECHNOLOGY & CONSULTING ACTIVITIES.RECOMMENDED FINAL DIVIDEND OF 23.7 CENTS PER SHARE WILL BE PAID ON 16 MAY 2019 .A NUMBER OF PROCESSES ARE ONGOING AND, IN AGGREGATE, DISPOSALS ARE EXPECTED TO GENERATE PROCEEDS IN RANGE OF 200 MLN STG - 300 MLN STG.SEEING INCREASED ACTIVITY IN DOWNSTREAM, CHEMICALS FROM EPC SCOPE FOR GULF COAST PLASTICS MANUFACTURING FACILITY, YCI METHANOL PLANT.THERE IS GOOD ACTIVITY IN US SHALE FOCUSED ON FACILITIES AND PIPELINES IN PERMIAN AND NIOBRARA.IN OPERATIONS SOLUTIONS, ACTIVITY LEVELS ARE EXPECTED TO REMAIN BROADLY IN LINE WITH 2018.  Full Article

Wood Group PLC Awarded New Contract By Evonik
Thursday, 25 Apr 2019 

April 25 (Reuters) - John Wood Group PLC ::WOOD GROUP (JOHN)PLC - WOOD AWARDED NEW CONTRACT BY EVONIK.WOOD PLC - AWARDED A NEW CONTRACT BY EVONIK TO DELIVER ENGINEERING, PROCUREMENT AND CONSTRUCTION MANAGEMENT SERVICES.WOOD PLC -ORDER VALUED AT ABOUT EUR 400 MILLION, AND IT IS EXPECTED TO INCREASE GROUP'S OVERALL CAPACITY FOR PA12 BY MORE THAN 50 PERCENT.WOOD PLC - PROJECT WILL BE EXECUTED BY WOOD'S CAPITAL PROJECTS TEAM BASED IN MILAN.  Full Article

John Wood Group Disposes Non-core Business for $38 mln
Monday, 25 Mar 2019 

March 25 (Reuters) - John Wood Group PLC ::WOOD GROUP (JOHN)PLC - DISPOSAL OF NON-CORE CONVEYOR SYSTEMS BUSINESS.WOOD ANNOUNCES DISPOSAL OF NON-CORE CONVEYOR SYSTEMS BUSINESS.CASH PROCEEDS IN RESPECT OF DISPOSAL WILL BE $38M.SALE REMAINS SUBJECT TO NORMAL CONDITIONS, WITH CLOSING EXPECTED IN Q2.  Full Article

John Wood Group Says Anticipate Modest EBITA Growth In 2018
Tuesday, 20 Mar 2018 

March 20 (Reuters) - John Wood Group Plc ::PROPOSED FINAL DIVIDEND OF 23.2C UP 3%​.‍ANTICIPATE MODEST EBITA GROWTH IN 2018 REFLECTING EARLY STAGE RECOVERY IN CERTAIN OIL & GAS MARKETS​.‍ANNUALISED COST SYNERGIES DELIVERY OF GREATER THAN $40M TO DATE, EARLIER THAN PLAN​.FY TOTAL REVENUE $6,169 MILLION VERSUS $4,934 MILLION.‍RETAINED MARKET SHARE IN OFFSHORE GREENFIELD MARKET; VISIBILITY ON PROJECTS BEYOND EXISTING WORK REMAINS LOW, PRICING UNDER PRESSURE​.FY OPERATING PROFIT BEFORE EXCEPTIONAL ITEMS $212 MILLION VERSUS $244 MILLION.‍IMPROVEMENT IN SHALE ACTIVITY EXPECTED TO CONTINUE, ACTIVITY FOCUSED ON NIOBRARA, PERMIAN BASINS WHERE CO INCREASING HEADCOUNT​.  Full Article

John Wood Group Wins New Contract With Saudi Aramco & SABIC
Thursday, 8 Mar 2018 

March 8 (Reuters) - John Wood Group Plc ::PRESS RELEASE REG-WOOD GROUP (JOHN)PLC: WOOD WINS NEW CONTRACT WITH SAUDI ARAMCO AND SABIC.JOHN WOOD - SELECTED TO DEVELOP FULLY INTEGRATED CRUDE OIL TO CHEMICALS (COTC) COMPLEX IN KINGDOM OF SAUDI ARABIA, ON BEHALF OF SAUDI ARAMCO & SABIC.JOHN WOOD GROUP PLC - CONTRACT IS EXPECTED TO CONTINUE THROUGH TO START OF OPERATIONS, FORECAST FOR 2025.  Full Article

John Wood Says Wins Strategic Five-Year Engineering Services Contract
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - John Wood Group Plc ::PRESS RELEASE REG-WOOD GROUP (JOHN)PLC: WOOD WINS NEW CONTRACT WITH INPEX IN AUSTRALIA.‍WOOD WINS STRATEGIC FIVE-YEAR ENGINEERING SERVICES CONTRACT SUPPORTING INPEX IN AUSTRALIA​.‍AWARDED BROWNFIELD ENGINEERING SERVICES CONTRACT FOR INPEX-OPERATED ICHTHYS OFFSHORE FACILITIES​.‍CONTRACT IS FOR FIVE YEARS WITH A TWO-YEAR EXTENSION OPTION AND WILL BE EXECUTED FROM WOOD'S OFFICES IN PERTH, AUSTRALIA​.  Full Article

John Wood Says Gets Multi-Million Dollar Saudi Aramco Contract
Monday, 12 Feb 2018 

Feb 12 (Reuters) - John Wood Group Plc ::WOOD WINS NEW SAUDI ARAMCO CONTRACT.‍SECURED NEW MULTI-MILLION DOLLAR, 5 -YEAR CONTRACT TO SUPPORT SAUDI ARAMCO IN DELIVERY OF ONE OF PROJECTS IN KINGDOM OF SAUDI ARABIA​.  Full Article

John Wood Sees Positive Impact From U.S. Tax Changes, Improved Net Debt
Friday, 2 Feb 2018 

Feb 2 (Reuters) - John Wood Group Plc ::JOHN WOOD - THERE WILL BE A ONE-OFF, NON-CASH CREDIT TO P&L IN YEAR ENDED 31 DECAS A RESULT OF REVALUATION OF NET DEFERRED TAX LIABILITIES.JOHN WOOD GROUP PLC - US RATE REDUCTION IS EXPECTED TO HAVE A FAVOURABLE IMPACT ON WOOD'S EFFECTIVE TAX RATE GOING FORWARD.JOHN WOOD GROUP PLC - CONSERVATIVELY ESTIMATED THAT NET DEBT AT YEAR END WOULD BE AROUND $1.8BN. ACTUAL NET DEBT AT 31 DECEMBER WAS $1.65BN.  Full Article

BUZZ-UK energy index hits near 9-mth high on strong crude oil prices

** UK's FTSE 350 energy index up 1.9% at 95.36 pounds, its highest since Oct. 2018