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Wood Group Fined £13m for Inaccurate Accounts
The Aberdeen-based Wood Group has been fined £13 million by a watchdog for publishing inaccurate financial information in its results from 2022, 2023, and 2024.
4 Mar, 11:51 — 4 Mar, 12:22
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First report: The Independent · 4 Mar, 11:51|Full coverage: All 2 sources within 30m|Window: 30m
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FT4h ago
Wood Group fined £13mn for overstating three years of profits
FCA investigation finds engineering group’s ‘poor operating culture’ led to accounting errors
Read full article →The Independent5h ago
Wood Group fined £13m by watchdog over inaccurate accounts
The Aberdeen-based business published inaccurate information in financial results published in 2022, 2023 and 2024, the FCA said.
By Henry Saker-Clark
Read full article →
