Wood Plc expects higher full-year earnings, cautious on contracts
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(Reuters) - British oilfield services group Wood Plc expects a jump in core earnings this year, it said on Wednesday, while staying cautious about the outlook for further contract awards as its oil-producing clients battle volatile commodity prices.Wood said revenues this year will likely rise 10 percent as the company enjoyed a pick-up in customer demand led by a rise in crude prices and a traditionally stronger second half.Still, a 30 percent plunge in oil prices from an October peak, amid..