James Fisher and Sons PLC
LSE:FSJ
James Fisher and Sons PLC
James Fisher & Sons Plc engages in the provision of marine services. The company is headquartered in Barrow In Furness, Cumbria and currently employs 2,568 full-time employees. The Company’s segments include Marine Support, Specialist Technical, Offshore Oil and Tankships. Marine Support segment provides products, services and solutions to the global marine industry. Marine Support services are supplied to a range of end market sectors, including marine, oil and gas, ports, construction and renewables. Specialist Technical segment supply diving equipment and services, submarine rescue vessels and through-life rescue services and engineering solutions to the international defense market and United Kingdom nuclear decommissioning market. Offshore Oil segment supplies a range of services and equipment to the global oil and gas and renewable energy industries. Tankships segment operates a fleet of product and chemical tankers, which trade along the United Kingdom and northern European coastline carrying clean petroleum products and chemicals.
James Fisher & Sons Plc engages in the provision of marine services. The company is headquartered in Barrow In Furness, Cumbria and currently employs 2,568 full-time employees. The Company’s segments include Marine Support, Specialist Technical, Offshore Oil and Tankships. Marine Support segment provides products, services and solutions to the global marine industry. Marine Support services are supplied to a range of end market sectors, including marine, oil and gas, ports, construction and renewables. Specialist Technical segment supply diving equipment and services, submarine rescue vessels and through-life rescue services and engineering solutions to the international defense market and United Kingdom nuclear decommissioning market. Offshore Oil segment supplies a range of services and equipment to the global oil and gas and renewable energy industries. Tankships segment operates a fleet of product and chemical tankers, which trade along the United Kingdom and northern European coastline carrying clean petroleum products and chemicals.
Solid Performance: James Fisher delivered a steady first half in 2025, with operating profit up 14.4% and margin improving to 5.8%, despite lower revenue from recent disposals.
Turnaround Progress: The company’s turnaround strategy is on track, focusing on cost reduction, supply chain integration, and turning around underperforming businesses.
Defense Order Book: Defense order book surged 45% year-on-year to GBP 315 million, with new contract wins and a special security agreement opening up U.S. market opportunities.
Guidance Unchanged: Management confirmed that full-year trading is in line with expectations and kept 2025 guidance unchanged.
Growth Investments: Investments continued in innovation, CapEx, and new market entries, especially in Energy (renewables and decommissioning) and Defense.
