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John Wood Group PLC announced on 11 April 2022 that its FY21 results, previously delayed on 21 February 2022 to finalize the audit and an external investigation into the Aegis Poland contract, will now be published on 20 April 2022. The Company confirmed that underlying FY21 results remain in line with 13 January 2022 guidance, with no change to the historical carrying value of the Aegis Poland contract or the c.$100 million year-end exceptional charge communicated on 21 February 2022.
| Date | 11 Apr 2022 |
| Time | 07:00:09 |
| Category | Results |
| ID | 8770H |
Date announced for FY21 results
11 April 2022
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 finalise 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.
For further information:
|
Simon McGough, President, Investor Relations |
+44 (0)7850 978 741 |
|
Kevin Smith, Citigate Dewe Rogerson |
+44 (0)20 7638 9571 |