John Wood Group Plc - Company Profile
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Business Description
John Wood Group Plc (Wood) provides project, engineering and technical services to energy and industrial markets. It provides comprehensive services to its customers in the complete lifecycle of their assets from concept to decommissioning. The company operates in over 60 countries.
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R&D Overview
Wood has substantial industry know-how that is shared across the business, working with clients to create innovative solutions to their challenges. The company has active research and development projects in areas such as software development, project delivery tools, and process technology to enhance delivery and optimization of clients’ projects and assets. These initiatives support fundamental challenges including decarbonization and digitalization. Continuous feedback is utilized to improve current processes, practices, and technologies.
Business Segments
Overview
Offers technical and digital consulting services, along with energy asset development. Additionally, delivers solutions for decarbonization and digital transformation. In FY2024, the segment incurred a capital expenditure of US$7.3 million, which declined 9.9% YoY.
Performance
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Overview
Manages a range of legacy or non-core businesses and investments to generate value through remediation and restructuring. Non-core businesses include activities of industrial power and heavy civil engineering. In FY2024, the segment incurred a capital expenditure of US$5 million, which grew 6.4% YoY.
Performance
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Overview
Manages customer assets by providing decarbonization, maintenance, modifications, brownfield engineering, asset management, and decommissioning services. In FY2024, the segment incurred a capital expenditure of US$15.4 million, which declined 44% YoY.
Performance
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Overview
Provides complex engineering design and project management across energy and materials markets including oil and gas, chemicals, metals and minerals and life sciences. In FY2024, the segment incurred a capital expenditure of US$56.3 million, which declined 9.5% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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