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Home›Clean Fuel›UK: Wood Group Profit Up
Clean Fuel

August 21, 2012 · about 14 years ago

UK: Wood Group Profit Up

Wood Group announced half year results for the six months ended 30 June. Financial Highlights Revenue from continuing operations1 of $3,346.3m (2011: $2,465.9m) up 36% EBITA from continuing operations1 of $205.1m (2011: $133.9m) up 53% Profit from continuing operations before tax and exceptional ite

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Wood Group announced half year results for the six months ended 30 June.

Financial Highlights

Divisional Highlights

Engineering

Wood Group PSN

Wood Group GTS

Sir Ian Wood, Chairman, and Allister Langlands, Chief Executive commented:

“In the first half the Group has delivered growth across all three divisions, and we are confident of achieving full year performance in line with expectations. The Group is well placed with a balance of opex and capex related activities across key geographical areas of industry growth and a robust balance sheet. In July we announced a number of board changes and our strong management team is well set to further develop our leading positions across engineering, production facilities support and gas turbine services.”

[mappress] LNG World News Staff, August 21, 2012

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