Analyst consensus and coverage

Analyst Consensus: as of 09 December 2020

Revenue ($m) 7,785 7,437                 8,014 7,738 7,350                 8,082
Adjusted EBITDA ($m) 658 634 677 670 584 723
Operating profit (before exceptional items) ($m) 238 152 264 267 215 355
Profit before tax ($m) 43 (24) 92 119 34 208
Adjusted diluted EPS 25.6c 18.7c 30.1c 29.7c 18.8c 37.8c  
  1. Wood’s primary reporting metrics are:
  2. - Revenue, aligned with the IFRS definition, i.e. on an equity consolidated basis, excluding joint ventures

    - Operating profit (pre-exceptional items)

    In addition, Adjusted EBITDA (pre-exceptional items, including joint ventures) is presented as an additional non-statutory /‘non-GAAP’ measure of profit. This is presented at the Group and Business Unit level to report underlying financial performance and facilitate comparison with peers.

    Adjusted Diluted EPS is also presented, defined as earnings before exceptional items and amortisation relating to acquisitions, net of tax, divided by the weighted average number of ordinary shares in issue during the period. In contrast to previous reporting, the measure is stated before amortisation arising from acquisitions only and not amortisation relating to other intangibles such as software costs.

  3. Consensus includes forecasts updated after Wood’s Half Year Results for the period to 30 June 2020 issued on 18 August 2020. Consensus includes the following organisations: JP Morgan Cazenove, Credit Suisse, Barclays, Exane BNP Paribas, Goldman Sachs, RBC, Bank of America Merrill Lynch, Morgan Stanley, Berenberg, UBS, Citigroup, Kepler Cheuvreux and Jefferies.

Analyst Coverage

Bank of America Merrill Lynch Vlad Sergievskii
Barclays Capital Mick Pickup
Berenberg Henry Tarr
CanAccord Genuity Alex Brooks
Citigroup Michael Alsford
Credit Suisse David Farrell
Exane BNP Paribas Nick Konstantankis
Goldman Sachs Sahar Islam
HSBC Tarek Soliman
Investec Thomas Rands
Jefferies LLC Mark Wilson
J.P. Morgan Cazenove James Thompson
Kepler Cheuvreux Kévin Roger
Morgan Stanley Amy Sergeant
RBC Victoria
UBS Amy Wong

John Wood Group PLC is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding John Wood Group PLC's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of John Wood Group PLC or its management. John Wood Group PLC does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.