Wood. Capital Allocation and Financial Strategy
Adjusted income statement detail (1/2)
Consulting
Projects
HY23
Reported
355.8
1,245.3
HY22
Restated
312.5
990.0
Operations
1,244.5
1,176.9
FY22
Restated
652.4
2,211.2
2,407.0
Notes
Restatement: FY22 $27m, HY22 $10m
Investment Services
Total revenue
Consulting
140.8
91.3
198.8
2,986.2
2,570.7
5,469.3
37.8
40.1
76.2
Restatement: FY22 $3m, HY22 $1m
Projects
91.6
81.3
168.8
Operations
Investment Services
Central costs
Total adjusted EBITDA
Consulting
Projects
76.7
76.0
147.6
26.2
26.6
69.3
Includes Turbines JVs
(30.6)
(38.2)
(73.6)
201.7
185.8
388.3
10.6%
12.8%
11.7%
Restatement¹
7.4%
8.2%
7.6%
Operations
6.2%
6.4%
6.1%
Investment Services
18.6%
29.3%
34.9%
Includes Turbines JVs
Total adjusted EBITDA margin %
6.8%
7.2%
7.1%
Depreciation (PPE)
(15.1)
(14.2)
(29.3)
Depreciation (right of use asset)
(44.8)
(43.6)
(90.5)
Impairment of PPE and right of use assets
Amortisation software and system development
(0.4)
(0.4)
(2.4)
(52.0)
(45.7)
(89.0)
Total adjusted EBIT
89.4
81.9
177.0
33
1.
HY22 and FY22 restated to include Built Environment Consulting Saudi Arabia, (previously held for sale)
wood.View entire presentation