Full Year 2021 John Wood Group PLC Earnings Call Transcript
I think we're just about there. Well, good morning, everyone. Welcome to our 2021 results presentation, and obviously, these results are a little later than expected. So thanks to everyone for your patience.
So firstly, let me begin with some introductions of the Wood team. Simon McGough, our new President of Investor Relations is with us today, as is Paula Murphy, our Chief Communications and Marketing Officer; Ken Gilmartin. Have your hand up, Paula, Ken, Simon. Ken is our Chief Operating Officer; and Roy Franklin, our Chair, is also here today.
So giving a bit of an overview of what David and I will cover this morning. Performance in 2021, we'll take over the headlines from me, then a detailed financial walk-through from David. We'll go into in some depth, de-risking our Projects business. That will be a deep dive into how we've reduced our exposure to lump-sum turnkey contracts and therefore, reduced the risk in this part of the business. We'll talk about our improving business momentum. Our order book at year-end was
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