Engineering company’s shares plunge 34% after signalling negative free cash flow despite previously saying it would be ...
Wood Group extends cost-cutting drive and cancels employee bonuses - The company, which has more than 6,000 staff in the UK, ...
Chief executive tries to focus on positives but admits 2024 trading update was 'difficult' announcement to make ...
The oil and gas engineering giant fell by 55.6 per cent to 29p as it revealed cost cuts, which will include cancelling ...
Wood Group said it is initiating steps to “significantly” strengthen its financial culture, governance and controls after a ...
John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates ...
Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an ...
Following these actions, the business will be on a firmer operational footing, but cash generation has yet to materialise and ...