The 'Red Devils' lost two of their opening three games in the Premier League an there were calls for Jose Mourinho to leave, but fortunes have since turned and there was even a memorable win over Juventus in Turin.
"On the pitch, we remain well positioned in the Champions League, and although we've had a mixed start to our domestic campaign, the squad and manager are fully united in their determination to regain our momentum in the Premier League," Woodward said to investors.
"Over the summer we had a good pre-season tour to the US and while we couldn't have all of the first-team squad with us, due to many of our players advancing deep into the knockout stage of the World Cup, it provided a good opportunity for many of our emerging prospects to experience being part of the first-team set-up.
"We're looking forward to a number of them making the successful transition to the first-team, like many before them, including Jesse Lingard, Marcus Rashford, Scott McTominay and Andreas Pereira of the current squad."