Wood Group shares climb on expectation of higher annual earnings

City A.M. | Jan 16, 2020 at 8:48 AM
  • Shares in John Wood Group have risen after the oilfield services provider said it expects higher core earnings for 2019.
  • Wood Group shares rose as much as 9.19 per cent in morning trading to 404.4p following the trading update.
  • Wood also announced this morning that Birgitte Brinch Madsen would join the company as a non-executive director.