John Wood Group Plc (WG.L,WDGJF.PK) said it has delivered good growth in the year to date.
The company noted that its Engineering division continues to perform well, delivering revenue growth and margin improvement which is expected to result in full year EBITA up around 30% on 2011. In upstream, Wood Group is seeing high activity levels supported by a good order book and future prospects. Further, in downstream, process and industrial, performance continues to be impacted bylower expenditure in the refining market in North America.
In Wood Group PSN the company continues to expect improved performance over 2011. In Wood Group GTS, the company forecasts good growth in EBITA for the year, weighted to the second half.
Going forward, the company remains confident of achieving full year performance in line with expectations.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.