Logotype for John Wood Group PLC

John Wood Group (WG) investor relations material

John Wood Group H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for John Wood Group PLC
H1 2025 earnings summary31 Oct, 2025

Executive summary

  • Published full year 2024 annual report and H1 2025 interim results, marking a milestone after a challenging period and enabling progress on the Sidara acquisition.

  • Revenue declined 13% year-over-year to $2.4 billion, reflecting lower pass-through activity, project delays, and client hesitancy amid financial uncertainty.

  • Decisive actions taken to reinforce governance, including leadership changes, external accounting experts, and enhanced controls.

  • Free cash outflow increased to $404 million, driven by lower EBIT, higher exceptional costs, and a significant unwind of working capital.

  • Net debt (excluding leases) rose to $1.1 billion, up $390 million from December 2024, due to lack of receivables financing and cash outflows.

Financial highlights

  • 2024 revenue was $5.5 billion, down 1% year-over-year; adjusted EBIT fell 52% to $81 million, including $55 million of non-recurring review charges.

  • Statutory loss of $2.8 billion in 2024, driven by a $2.2 billion goodwill and intangible asset impairment and $267 million from revised revenue recognition on a legacy project.

  • Statutory operating loss narrowed to $5 million from $828 million in the prior year, with loss for the period at $72 million.

  • Free cash outflow of $153 million in 2024; net debt at year-end was $683 million, broadly flat year-over-year after $170 million in disposals.

  • H1 2025 revenue declined 13% year-over-year to $2.4 billion; adjusted EBIT down 38% to $63 million (excluding review charges).

Outlook and guidance

  • No financial guidance provided due to ongoing uncertainty and complexity in both internal and client environments.

  • Order book at June 30, 2025, was $6.5 billion, up from $5.8 billion at December 31, 2024.

  • Sidara acquisition expected to complete in H1 2026, with a shareholder vote scheduled for November 17, 2025.

  • The Sidara acquisition, if approved, will inject $450 million in capital and extend debt maturities, enhancing liquidity and stability.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next John Wood Group earnings date

Logotype for John Wood Group PLC
H2 202524 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next John Wood Group earnings date

Logotype for John Wood Group PLC
H2 202524 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

John Wood Group PLC is a UK-based global engineering and consulting company providing services to the energy and built environment sectors. The company offers expertise in engineering design, project management, and consulting across industries such as oil and gas, renewable energy, power, and infrastructure. The company is headquartered in Aberdeen, Scotland, and its shares are listed on the London Stock Exchange (LSE).

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage