Report
Toby Thorrington

WYG - Looking forward

H118 results quantified the adverse effects of the slower development of revenues highlighted in earlier updates, but also provided more clarity on near-term trading visibility. Converting improved order positions to rebuild earnings and meet market expectations is necessary to underpin valuation metrics, which, in turn, will help to regain investor attention over time. In the short term, a 4.7% dividend yield offers income attraction.
Underlying
WYG
WYG

WYG plc is a global project management and technical consultancy. The Company is engaged in creating and managing strategic assets by engaging with clients in the early stages of a project, and continuing to advise them throughout its lifecycle. The Company's segments are UK; EAA (Europe, Africa and Asia), and MENA (Middle East & North Africa, including Turkey). The Company offers an array of services, including aquatic ecology, brownfield regeneration, climate change adaptation, development management, energy management, flood risk assessment, health and safety management, intelligent transport systems, landscape planning, management training, nuclear decommissioning and asset care, outsourcing, planning applications, rural and agricultural development, and social and civil society development. It serves sectors, such as defense and justice, energy and waste, environment, mining and metals, transport, social development and infrastructure, and urban and commercial development.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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