The engineering firm expects a better showing in the second half of its financial year (Andrew Milligan/PA)
(Picture: PA Archive)Oilfield and energy services firm John Wood Group has not shown much sign of a spending bonanza in the industry at a time of high commodities prices, reporting a decline in revenue and profit for the first half of its financial year.
Operating profit at the Aberdeen-based engineer fell almost 9% to $41 million before exceptional items, from revenue of $2.6 billion, which slipped 0.4%. Its order book rose almost 5% to $6.4 billion
