Company
John Wood Group PLC
LON:WG.
John Wood Group PLC is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. The company provides consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
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FTSE 100 ends the day in positive territory on hopes for soft landing
London's main index had added 24 points to finish at 7,440 points or a 0.3% gain on the day
Wood Group settles long-standing legal action for US$115mln
In 2016, Enterprise Products filed a lawsuit against Amec Foster Wheeler, a company Wood acquired in 2017, and one of its subsidiaries
Wood Group interim profits fall but expects rebound in second half on strong order book
"The strong order book gives me confidence for the future but there is a lot more to do on cash generation and this is our top priority,” said CEO Ken Gilmartin
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FTSE 100 closes back below 7,500; US stocks mixed as data disappoints, Jackson Hole eyed
At the close, the UK blue-chip index was 45.68 points, or 0.6% weaker at 7,488.11, above the day’s low of 7,467.56 but well below the session peak of 7,533.79
Tuesday's agenda: Are global economies withstanding the energy price battering?
Flash PMIs to give an insight into how the West's manufacturers are coping with the economic maelstrom
Will Wood Group and Hunting finally see any benefit from elevated energy prices?
Wood Group's interims are due on Tuesday and Hunting's on Thursday
Wood Group sees stronger performance in second half
It expects to report underlying profit of about US$250mln for the six months to end-June on revenue of about US$3.2bn
Wood Group parachutes new COO in as chief exec
Before joining the British engineering business as chief operating officer last August, Gilmartin worked for Jacobs Engineering Group
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FTSE 100 closes lower as Wall Street shows caution ahead of Fed meeting; UK wages data grim
The UK blue-chip index ended 18.35 points, or 0.3% lower at 7,187.46, well below the session peak of 7,271.85 but above the session low of 7,135.15
Wood Group agrees to sell Built Environment business to WSP Global for US$1.9bn
The company said its outlook for this financial year remains unchanged from that set out in its 2021 results announcement in April