18th May 2006 12:00
18th May John Wood Group PLC ("Wood Group") Chairman's Annual General Meeting (AGM) Statement "Confident of achieving strong growth in 2006" At today's AGM, Sir Ian Wood, Chairman & Chief Executive of Wood Group, theinternational energy services provider, said:"In very healthy oil & gas markets, we are seeing strong demand for ourproducts and services. Our global presence, with our international recruitingand people development initiatives, is enabling us to meet this demand. We arealso continuing to develop our geographic reach and broaden our serviceoffering to improve our market positions."In Engineering & Production Facilities, we are winning a range of newcontracts with good activity levels in upstream, midstream and downstream. InWell Support, all our activities are performing strongly and we continue togrow in international markets. In Gas Turbine Services, we are seeing modestimprovement in the North American power market."We anticipate oil & gas markets will remain healthy and are confident ofstrong growth for the year in line with market expectations. Longer term, webelieve our continuing investment in new business opportunities and in theknowledge and experience of our people will bring continuing success."ENDEnquiriesWood GroupNick Gilman / Carolyn Smith 01224 851000BrunswickPatrick Handley / Nina Coad 020 7404 5959WOOD GROUP (JOHN) PLCRelated Shares:
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