John Wood Posts Higher Full-Year Profit, Lifts Total Payout

John Wood Group PLC

reported a rise in its full year pretax profit and announced its plans to increase its dividend payment by 26%. John Wood's pretax profit for the year surged to 336.2 million dollars, from $94.9 million, in the year-earlier period. Its adjusted pretax profit climbed to $362.7 million from $254.1 million. Its revenue from continuing operations rose to $6.82 billion from $5.67 billion, while adjusted diluted earnings per share gained to 68.8 cents from 47.8 cents. John Wood shares closed at $11.27 yesterday.