Wood Group – positive Q3 update, remains a trading recovery Buy
By Tom Winnifrith & Steve Moore | Monday 13 November 2023
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Wood Group (WG.) has announced third quarter of the year growth across all of its business units and that it expects “modest positive free cash flow in the second half… order book position supports our expectations for 2024”. What of this from a current 154.7p offer price?
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