Date Announced for FY21 Results

Source: www.gulfoilandgas.com 4/11/2022, Location: Not categorized

John Wood Group PLC ('Wood' or 'the Company') announces the date for the publication of its results for the year ended 31 December 2021 (FY21).

On 21 February 2022 the Company announced that a delay to the publication of our results was necessary to finalize the Company's reported results and to conclude the year-end audit process with the Company's auditor, KPMG LLP. The delay was required to allow an external investigation and review to be undertaken, principally in relation to the historical carrying value of the Aegis Poland project contract.

This work has been concluded to enable Wood's FY21 results to be announced on 20 April 2022.

The underlying results for FY21 remain in line with the guidance provided on 13 January 2022 and there is no change to the historical carrying value of the Aegis Poland contract or to the previously communicated year-end exceptional charge of c.$100 million announced in our release of 21 February 2022.


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