John Wood Group PLC provided earnings guidance for the year ended December 31, 2022. For the year, Results for FY22 in line with guidance for revenue, adjusted EBITDA and net debt. Strong underlying revenue growth in 2022, led by Operations and Consulting with a return to growth in H2 in Projects.

Revenue around $5.4 billion: underlying revenue growth at constant currency of around 8%. Reported revenue up 3%, including an adverse impact of around $275 million from foreign exchange rate movements. Growth in Consulting and Operations was offset by the expected full year decline in Projects.