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FSJ Fisher (james) & Sons Plc

279.00
1.00 (0.36%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fisher (james) & Sons Plc LSE:FSJ London Ordinary Share GB0003395000 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.36% 279.00 274.00 284.00 274.00 274.00 274.00 6,720 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Deep Sea Frn Trans-freight 520.9M -11.1M -0.2205 -12.43 137.95M

Fisher (James) & Sons plc Trading Update (2806I)

23/11/2018 7:00am

UK Regulatory


Fisher (james) & Sons (LSE:FSJ)
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RNS Number : 2806I

Fisher (James) & Sons plc

23 November 2018

23 November 2018

James Fisher and Sons plc

Trading Update

James Fisher and Sons plc (FSJ.L) ('James Fisher' or 'the Group'), the UK's leading marine services company, publishes its trading update for the ten month period ended 31 October 2018.

Revenue for the ten months ended 31 October was 14% ahead of the comparable period last year. Our Marine Support division continues to show good growth from its services to the Renewables sector and from global ship to ship services.

We have now secured all three 5 year maintenance contracts covering topside, subsea and high voltage services for the London Array, 175 turbine, 630 megawatt, offshore wind farm.

Specialist Technical has now completed the sea trials for the first submarine rescue vessel that was delivered to the Indian Navy in March and the associated milestone payment is expected to be received shortly. The second vessel is currently passing through factory acceptance testing and is due to be shipped by the end of November.

Our Offshore Oil division performed marginally better than expectations in the period. The levels of vessel utilisation that were achieved by our Tankships division in the first half continued into the third quarter.

Overall James Fisher continues to make good progress and the outlook for the year remains unchanged.

Contacts

 
 James Fisher and    Nick Henry            CEO 
  Sons plc            Stuart Kilpatrick     Group Finance Director    020 7614 9508 
 FTI Consulting      Richard Mountain                                 0203 727 1374 
                    -----------------------------------------------  -------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

November 23, 2018 02:00 ET (07:00 GMT)

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