John Wood Says Revenue Grew For Full Year

Engineering and consulting firm John Wood Group PLC (WDGJF.PK) Thursday said its revenue for the year ended December 31, 2022 increased 3% from last year to $5.4 billion, in line with expectations.

At constant currency, the company reported underlying revenue growth of 8%.

Excluding one-time items, Earnings Before Interest, Taxes, Depreciation, and Amortisation, or adjusted EBITDA is expected in the range of $375 million to $385 million.

In 2021, adjusted EBITDA was $554 million.

Full-year results are scheduled to be reported on March 28, 2023.

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