Q4 2020 John Wood Group PLC Trading Statement Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Wood Trading Update. (Operator Instructions) For your information, this conference is being recorded.
Now I would like to hand the conference over to your speaker today, Mr. David Kemp. Please go ahead, sir.
Good morning, and welcome to our full year trading update call. Before we go to Q&A, I'll take you through some of the key highlights of this morning's statement and hopefully provide a bit more color around our financial performance in 2020.
As you know, the global engineering and consultancy market has faced unique and unparalleled challenges from COVID-19 and volatility in oil prices. In 2020, our resilient financial performance against this challenging backdrop was underpinned by the breadth of our end market exposure and the flexibility of our business model. Our strategy to broaden our consulting projects and operations business across diverse energy and built environment markets has been the
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