John wood group news :XLON), related news, Global News Select Mar 5, 2025 6:14pm. : Wood Group (John) plc Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. ) Ordinary 4 2/7p share news, regulatory announcements and tips. Dec 20, 2023 · John Wood Group PLC (‘Wood’ or ‘the Company’) today announces the changes to its Executive Committee with the appointment of two new executive leaders. Is the British Mar 1, 2025 · When a young Ian Wood splashed out on an imposing presence for his family’s company at the inaugural Offshore Europe conference at the University of Aberdeen in 1973, his father John was aghast. Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of News of the review came alongside an update Feb 14, 2025 · John Wood Group shares have lost 71% of their value over the past 12 months The firm now forecasts free cash flow of between -$150m and -$200m in 2025 By HARRY WISE Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. ) has tanked recently. Ken Gilmartin, CEO, said: “These results demonstrate continued progress on our turnaround. Feb 24, 2025 · John Wood Group Plc confirmed that it has received a fresh takeover offer from engineering company Sidara, after a previous approach last year ended without a deal. 56 billion proposed Feb 20, 2025 · To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Get the latest John Wood Group PLC (WG. 3 - The Vanguard Group, Inc. John Wood Group has said it is evaluating the final proposal from the bidder. 19, 2025 at 12:40 p. Show only Earnings, News and Reach Show more news. 24 Feb, 2025 14:17 24 Wood Group (John) 24. The sale, to One Equity Partners, was for a final net cash consideration of $138m, with $42m of prior planned loan notes replaced by an additional cash consideration at completion. Aug 20, 2024 · *See notes on page 4. Feb 14, 2025 · Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an update, and warned of negative free cash flow in 2025. L) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Feb 20, 2025 · The news comes just days after the Wood Group found itself in the spotlight over financial troubles. Dow Jones Newswires is a market-moving financial and business news Feb 14, 2025 · Shares in Britain's John Wood Group plummeted 40% on Friday after the engineering firm forecast negative cash flow for another year, after a series of updates that dashed hopes of a Mar 31, 2025 · (Alliance News) - John Wood Group PLC on Monday warned "material" adjustments are expected to be made to prior year earnings after receiving findings of an independent review. May 8, 2024 · John Wood Group Plc said it rebuffed a £1. Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. © John Wood Group PLC 2025 Registered in Scotland No: SC36219 Registered office: Sir Ian Wood House, Hareness Road, Altens Industrial Estate Mar 31, 2025 · John Wood said it had identified material weaknesses and failures in its financial culture within the projects business unit. FTSE 250 17,765. This followed the incorrect description of his professional qualifications in various statements in the public domain. The Aberdeen-headquartered engineering consultancy said it had received an approach from Sidara, sending beleaguered shares rebounding by more than 33% in afternoon trading on Monday. Read more about John Wood Group's stock forecast and price target. Regulatory news. 16:15:00 . Meanwhile, over the last year, it’s fallen more than 80%. He will remain in 5 days ago · About John Wood Group. See more. m. Sidara will be required to May 8, 2024 · British oilfield services and engineering firm John Wood Group rejected a potential 1. An independent review of the business by Deloitte is still ongoing but it has already found ‘material weaknesses and failures’. Arvind Balan resigned late on Wednesday following “the incorrect description of Nov 7, 2024 · Shares in John Wood Group plunged to their lowest point in more than 20 years after a weak performance in its projects business prompted the Scottish energy-services provider to launch a review. Wood Group (J) News Headlines. Feb 19, 2025 · John Wood Group: CFO Arvind Balan Tendered His Resignation. The company's average rating score is 2. Feb 20, 2025 · Wood, also known as John Wood Group Plc, is an engineering and consulting company which specialises in energy, infrastructure, and industrial sectors. Shares of John Wood Group (LON:WG) held steady on Tuesday following the company Nov 7, 2024 · Shares in the FTSE 250 company plummeted 60% or more in UK trading having come into this latest news down around 14% year-to-date. Shares closed down 60% Apr 17, 2023 · Wood Group. Aug 20, 2024 · Engineering firm John Wood Group has revealed it slumped to a near one billion US dollar (£770 million) half-year loss just weeks after a Dubai suitor walked away from a £1. Under Deloitte’s review, Wood Group is now evaluating the extent of prior year adjustments which management expects will be required on previously reported adjusted profit (EBITDA) for the full year 2023 and any prior periods. Feb 19, 2025 · (Alliance News) - John Wood Group PLC on Wednesday said Chief Financial Officer Arvind Balan has resigned with immediate effect after it emerged that his professional qualifications had been The latest Wood Group (John) Plc share price (WG. 3% in London trading Thursday to its lowest level in more than 20 years after announcing a review to address a weak performance in its projects Feb 14, 2025 · (Alliance News) - Shares in John Wood Group PLC tanked on Friday after it announced plans for further cost cuts, and a possible refinancing, as it battles weaker than expected trading and legacy Jan 20, 2025 · John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, Victoria, operated by Esso Australia. August did bring some good news for the Jul 31, 2024 · July 31 (Reuters) - UK's John Wood Group , opens new tab on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the Feb 14, 2025 · Wood’s shares fell 60% last November when it announced that Deloitte would conduct an independent review into a series of writedowns. PRN . Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") Statement regarding John Wood Group PLC ("Wood") Sidara notes the recent announcement by Wood and confirms that Sidara made a preliminary approach to the Board of Wood regarding a possible cash offer for the entire issued share capital of Wood. FTSE 250 stock John Wood Group (LSE: WG. Apr 16, 2024 · John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider a sale, activist investor Sparta Capital Management said on Tuesday. Mar 21, 2025 · The latest international John Wood Group PLC news and views from Reuters - one of the world's largest news agencies UK's John Wood Group on Wednesday extended the deadline by which Dubai-based Shares in John Wood Group sank to their lowest point in more than 20 years after the Scottish energy-services provider reported disappointing performance in its projects business. Financial News Articles for Wood Group (john) Plc Ord 4 2/7p updated throughout the day. Feb 19, 2025 · The chief financial officer at embattled engineer John Wood Group has stepped down with immediate effect after he admitted to misstating his professional qualifications. 4 days ago · See the latest John Wood Group PLC stock price (WG. 4 billion ($1. Published: Feb. View recent trades and share price information for Wood Group (John) Plc and other shares. John Wood Group has received no research coverage in the past 90 days. Chief Executive Ken Gilmartin said: ‘This is a difficult announcement amid our transformation. A resource for staying ahead on all things Wood plc. 80p 5 days ago · John Wood Group has received a consensus rating of Moderate Buy. Chief Executive Ken Gilmartin said: "This is a difficult announcement amid our transformation. ) shares plunged in Thursday’s early deals as the offshore engineer launched an independent review of its business, to be conducted by Deloitte. It operates through Projects, Operations, Consulting, and Investment Services segments. 04 April 2025 . Marla Storm and Michael Rasmuson will join Wood as Chief Human Resources Officer (CHRO) and Group General Counsel respectively. 29 % decrease; red down pointing triangle plunged to their lowest point in more than 20 years after a weak performance in its projects business prompted the Scottish Feb 19, 2025 · John Wood Group Plc may require a capital raise that’s almost twice the size of the beleaguered British energy engineer’s market capitalization, an analyst at Kepler Cheuvreux suggested. Full headline results are shown on pages 13, 14 and 20. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun Nov 18, 2024 · Analysts at Berenberg slashed their target price on engineering and consulting business John Wood Group from 150. ("Apollo"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood. ). Mar 3, 2025 · In a surprising turn of events, troubled engineering giant John Wood Group has found itself in the spotlight once again, this time with a fresh takeover bid from Dubai-based rival sidara. Dive Brief: British engineering and consulting firm John Wood Group said Wednesday that Arvind Balan, Wood Group warns over need to restate accounts after ‘weaknesses’ uncovered LBC News 16:19 Mon, 31 Mar Wood Group accounting crisis deepens Investors Chronicle 11:54 Mon, 31 Mar Wood Group finds 'material weakness and failures' in accounts ShareCast 11:33 Mon, 31 Mar Jul 3, 2024 · July 3 (Reuters) - Dubai-based engineering and consulting firm Sidara has sought the extension of a deadline to make a firm offer for UK's John Wood Group , opens new tab to July 31, after being Mar 1, 2025 · The latest news, analysis and opinion on Wood Group. Feb 24, 2025 · (Alliance News) - John Wood Group PLC on Monday said it has received an approach from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara, in relation to a possible offer The Wood plc investor website includes investor information, annual results, corporate governance and more. Feb 24, 2025 · Oil services and engineering firm Wood Group confirmed on Monday that it had received a takeover approach from Michele Maatouk Sharecast News . Nov 7, 2024 · John Wood Group (OTCPK:WDGJF) (OTCPK:WDGJY) -50. Share News Tips 4 days ago · Get John Wood Group PLC (WG. Amount of Analyst Coverage. These appointments follow the retirement of Wood’s Feb 14, 2025 · Wood Group’s expertise stretches from oil and gas pipeline design to wind turbine and tidal energy projects. Rival Petrofac Ltd (LSE:PFC) has already fallen 66% in 2024 compared with the FTSE 250 index which is up 5%. Stay informed with the latest financial and regulatory news, providing home for all financial and compliance May 29, 2024 · John Wood Group PLC ("Wood" or the "Group") Response to Sidara’s announcement. Aug 22, 2023 · Kemp, who joined Wood in 2013 as CFO of what later became part of Wood’s operations business unit, joined the group’s board in January 2015 and was appointed CFO in May 2015. ftdio iiizsn jhqkjb jnt rshlq rsej zkehcg pye tyjxi hvhrem hmcoj gjmv urzwq scsy vylx