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Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023.
Wood Group (John) PLC (LON:WG) has released full year results for 2023, showing strong revenue and EBITDA growth. CEO Ken Gilmartin highlights strategic progress and a focus on sustainable solutions.
John Wood Group CFO David Kemp to retire
Morgan Stanley assumed coverage on shares of John Wood Group (OTCMKTS:WDGJF – Get Rating) in a research report sent to investors on Friday morning, The Fly reports. The firm issued an equal weight rating on the stock. A number of other research analysts also recently weighed in on the company. Jefferies Financial Group downgraded John […]
John Wood Group PLC (OTCMKTS:WDGJF – Get Rating) has been given an average recommendation of “Hold” by the eight research firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective […]