John Wood Group PLC (OTCPK:WDGJF)

$ 0.8004 -0.01539 (-1.89%) Market Cap: 545.19 Mil Enterprise Value: 1.83 Bil PE Ratio: 0 PB Ratio: 0.22 GF Score: 55/100

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John Wood Group PLC Trading Update Call Transcript

Jun 26, 2019 / 07:30AM GMT

Release Date Price: $4.91

Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today Wood Trading Update Conference Call.

(Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, 26th of June 2019.

And I would like to hand the conference over to your speaker today, David Kemp. Please go ahead, sir.

David Miller Kemp

John Wood Group PLC - CFO & Executive Director

Thank you. Good morning and welcome to Wood's Half Year Trading Update Call. Before we go to the usual Q&A, I'll take you through some of the key highlights of this morning's statement and, hopefully, provide a bit more color around the performance in the first half of 2019.

There are 3 main themes to highlight in today's statement. Firstly, our first half earnings performance is ahead of the prior year and we are delivering significant earnings growth. We expect our operating profit to be up around 25% and EBITDA up around 7%. And that will be driven by the performance in asset solutions in the East and the environment and

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