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  2. Share Prices
  3. Wood Group (J) Share Price
  4. Wood Group (J) Share News
  5. Strong order book boosts Wood Group earnings

Pin to quick picksWood Group (J) Share News (WG.)

Wood Group (J) Information

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 192.60
Bid: 192.50
Ask: 192.90
Change: -0.30 (-0.16%)
Spread: 0.40 (0.208%)
Open: 197.10
High: 199.80
Low: 186.20
Prev. Close: 192.90
WG. Live PriceLast checked at -

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Strong order book boosts Wood Group earnings

Fri, 12th Jan 2024 07:05

(Sharecast News) - Oil industry services company Wood Group said full-year adjusted core earnings would be slightly ahead of expectations on the back of a strong order book.

Adjusted earnings before interest, taxes, depreciation, and amortisation for 2023 was now forecast to come in at $420m to $425m, up 9%.

Revenue rose 9% to $6bn with good growth across all business units, Wood said in a trading update on Friday. The order book was up 4% to $6.1bn, supporting growth expectations for 2024.

Reporting by Frank Prenesti for Sharecast.com

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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