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John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the year ended 31 December 2022 (‘FY22’), including the headline draft financial results. Highlights Delivering financial returnsResults for FY22 in line with guidance for revenue, adjusted EBITDA and net debtStrong underlying revenue growth in...

Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile economic conditions, any new adverse development—such as higher-than-expected inflation, abrupt...

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