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

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

London Stock Exchange
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Share Price: 186.00
Bid: 186.70
Ask: 187.00
Change: 5.70 (3.16%)
Spread: 0.30 (0.161%)
Open: 183.20
High: 188.40
Low: 179.60
Prev. Close: 180.30
WG. Live PriceLast checked at -

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Wood Group confident of meeting full-year expectations

Fri, 04th Oct 2013 07:35

Oil and gas services company John Wood Group said it is confident of achieving growth in the full year in line with expectations.Its Wood Group Engineering business is anticipated to deliver a 10% to 15% rise in earnings before interest, tax and amortisation (EBITA) in fiscal year 2013. In Upstream, the Mafumeira Sul and Ichthys projects remain on schedule to be mostly completed around the year end.However the group's business in Western Canada has remained "subdued". In Subsea and Pipelines, the company is seeing strong activity across principal hubs and is benefitting from US shale related onshore pipeline work. Downstream, process and industrial is on track to deliver an improved performance over 2012.In Wood Group PSN, growth is being driven by the US onshore shale related business.North Sea activity remains robust, following a significant number of contract renewals during the period. The company has also started to mobilise its brownfield engineering and procurement contract with ExxonMobil in Papua New Guinea. In Oman, we continue expect an improvement in underlying financial performance for the full year.In Wood Group GTS, 2013 EBITA is expected to be slightly ahead of 2012. Maintenance performance is being supported by cost reduction initiatives, particularly in the power plant services business. "We anticipate improved operating cash flow in the second half, and our strong balance sheet provides a good platform for growth," the firm said.RD
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7 Mar 2023 09:45

Britain's Wood Group may reject $1.98 bln Apollo buyout proposal

March 7 (Reuters) - John Wood Group said it may reject a sweetened 1.64 billion pound ($1.98 billion) buyout proposal from private-equity firm Apollo Global Management Inc , as it still undervalued the British oilfield services and engineering company.

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7 Mar 2023 08:56

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7 Mar 2023 07:49

LONDON BRIEFING: UK house prices rise; John Wood gets 4th Apollo bid

(Alliance News) - Stocks in London were called to open flat on Tuesday, with the market focusing on US monetary policy.

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7 Mar 2023 07:44

Wood Group rejects fourth takeover approach from Apollo

(Sharecast News) - Wood Group said on Tuesday that it was 'minded to reject' a fourth takeover approach from Apollo Global Management as it undervalues the business.

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Wood Group shares rally on unsolicited Apollo approach

MILAN, Feb 23 (Reuters) - Wood Group shares rallied more than 30% on Thursday after the British energy services provider said it had received and then rejected three unsolicited takeover proposals from U.S. private equity group Apollo Global Management.

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22 Feb 2023 17:49

Wood Group rejects takeover offer from Apollo

(Sharecast News) - Wood Group said on Wednesday that it has rejected three unsolicited, preliminary and conditional takeover proposals from Apollo Global Management.

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22 Feb 2023 17:37

TOP NEWS: John Wood rejects GBP1.6 billion Apollo takeover approach

(Alliance News) - John Wood Group PLC on Wednesday said it has rebuffed three unsolicited proposals for a takeover by Apollo Global Management Inc.

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