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Event Brief

Wood Group fined £13mn for overstating profits

FCA investigation finds engineering group’s ‘poor operating culture’ led to accounting errors.
WHO: Wood Group
WHAT: fined £13 million for overstating profits
WHEN: Mar 4, 2026 at 7:22 AM ET
WHERE: Location not specified
WHY: due to poor operating culture leading to accounting errors
Sources (1): Financial Times

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