Oil Price VolatilityAn unexpected plunge in oil prices could dampen the momentum of order wins, while integration hiccups and expenses could delay earnings recovery.
Project CancellationsThe share price has corrected from a high due to offshore wind project cancellations, write-down uncertainty, and delayed contract awards.
Regulatory InvestigationThe MAS/CAD investigation remains an overhang, which could affect the stock rating until resolved.