john wood group plc on wednesday reported a narrowed net loss for 2021 reflecting lower oneoff costs and said it expects to announce a deal for the sale of its built environment arm this quarter the ftse 250 company which services the energy and built environment industries booked a net loss of 1355 million last year this compares with a 2281 million loss in 2020 and a 728 million profit in 2019before the pandemic adjusted earnings before interest taxes depreciation and amortization fell 12 to 5539 million within the companys guidance of 550 million560 million and reflecting a lower contribution from projects and operations it said the sale process of our built environment business is progressing well and we continue to expect to announce a sale agreement in the second quarter of this year chief executive robin watson said as for 2022 wood group said it expects higher revenue supported by order book growth however cash performance will be hurt by exceptional cash drags including serious fraud office payments restructuring costs onerous leases and outflows on the aegis poland contract it said