Revenue slides at Wood Group after Sidara snub but guidance kept Energy Engineer Wood Group maintained its full year guidance despite sliding into the red after a dip revenue in its first set of results since Emerati competitor Sidara pulled out of a deal for the firm at the eleventh hour. The Aberdonian firm, which generates much of its revenue providing engineering services to the oil and [...]
Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’ Energy Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".