LONDON (dpa-AFX) - John Wood Group Plc (WG.L), or Wood Group, in its interim management statement said it has delivered good growth in all divisions in the year to date and is confident of achieving full year performance in line with expectations.
Engineering division is performing well. The company stated that in upstream, it is seeing high activity levels supported by a good order book and future prospects. Wood Group's downstream, process and industrial activity continues to be impacted by lower expenditure in the North American refining market.
The company noted that its balance sheet remains strong and provides a robust platform for organic and acquisition led growth.
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