Friday will bring a trading update from oil services firm John Wood Group PLC (LON:WG.), with investors likely to focus on how the falling price of oil has affected the company’s business.
The FTSE 250-listed company is likely to be focused on its cash flow and costs as well as revisiting and possibly accelerating its debt reduction plans.
Shareholders are also likely to keep an eye on any declines in the company’s order book, which at the last update stood at about US$8bn, although there could be some silver linings from areas outside of the traditional oil services business such as renewables.
Delivering final results on the last day of the week will be currency management firm Record PLC (LON:REC), while macro observers will be eyeing the latest UK retail sales data.
Significant announcements expected for Friday:
Trading updates: John Wood Group PLC (LON:WG.)
Finals: Record PLC (LON:REC)
Economic data: UK retail sales