Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJames Fisher and Sons Regulatory News (FSJ)

Share Price Information for James Fisher and Sons (FSJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 279.00
Bid: 274.00
Ask: 279.00
Change: 0.00 (0.00%)
Spread: 5.00 (1.825%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 279.00
FSJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Interim Management Statement

17 Nov 2010 07:00

RNS Number : 2895W
Fisher (James) & Sons PLC
17 November 2010
 



 

 

 

Wednesday 17 November 2010

 

James Fisher and Sons plc

Interim Management Statement - November 2010

 

The underlying trends discussed at the half year remain unchanged with Marine Services making good progress and Marine Oil maintaining its profitable start to the year.

 

Marine Services continued to perform well, with Fendercare, Scan Tech Air Supply and RMSpumptools doing particularly well, despite the anticipated drop in European based ship to ship oil transfer caused by the decline in the oil contango market. The Norwegian market has witnessed less well-testing than last year and our Nuclearbusiness remained quiet. However, the North Sea Offshore market has begun to strengthen, albeit with many projects now flowing into 2011. Our Submarine Rescue business, James Fisher Defence, has benefited from the contracts delivered in 2009 which have now settled down and are delivering to expectation.

 

Marine Oil continues to improve with the small tanker (4,000 tonne) market having largely recovered whilst some weakness still remains for the larger vessel sizes (6,000 and 10,000 tonnes). Trading within the UK has been slightly weaker than anticipated with the seasonal slowdown for tankships extending into September.

 

The businesses acquired this year (Australian Commercial Marine Pty Ltd, GMC Produkt AS and RigCool Limited and RigCool Australia Pty Limited) are all trading at least to expectation. They have all been funded from internal resources and our cash flow and relationships with our banks remain sound.

 

Despite the challenges being thrown up by the current economic environment, James Fisher's strategy to grow its range of marine services both organically and through bolt-on acquisitions is working and the Company is well placed, with a proven track record, to provide further growth and value for our shareholders.

 

- Contacts

 

James Fisher and Sons plc

 

Tim Harris

Chairman

020 7614 9508

Financial Dynamics

 

Richard Mountain

 

020 7269 7291

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSKKADPPBDDNDD
Date   Source Headline
29th Apr 20245:39 pmRNSAnnual Report and Accounts 2023 and Notice of AGM
16th Apr 20247:00 amRNSPreliminary results for the year ended 31 Dec 2023
22nd Mar 20247:00 amRNSProposed disposal of RMSpumptools business
16th Feb 20244:30 pmRNSHolding(s) in Company
13th Feb 20245:52 pmRNSNotification of Major Holdings
13th Feb 20245:50 pmRNSHolding(s) in Company
8th Feb 20247:00 amRNSFull Year Trading Update
25th Jan 20247:00 amRNSAppointment of Independent Non-Executive Director
20th Dec 20236:06 pmRNSNotification of Director’s Interests in Shares
15th Dec 20233:07 pmRNSBLOCK LISTING SIX MONTHLY RETURN
22nd Nov 20234:06 pmRNSHolding(s) in Company
9th Nov 20231:59 pmRNSBoard Changes
26th Oct 20237:30 amRNSDirector Declaration
2nd Oct 20239:00 amRNSTotal Voting Rights and Share Capital
25th Sep 202311:29 amRNSDirector/PDMR Shareholding
21st Sep 20237:00 amRNSHalf year results
3rd Aug 20237:00 amRNSAppointment of Chief Financial Officer
17th Jul 20237:01 amRNSBoard Change
17th Jul 20237:00 amRNSHalf year trading update
6th Jul 20237:00 amRNSHolding(s) in Company
15th Jun 20233:18 pmRNSBLOCK LISTING SIX MONTHLY RETURN
14th Jun 20234:18 pmRNSResults of Annual General Meeting (“AGM”)
14th Jun 20237:00 amRNSAGM Trading Statement
12th Jun 20234:24 pmRNSNotification of Directors' Interests in Shares
9th Jun 20233:53 pmRNSNotification of Directors' Interest in Shares
7th Jun 20237:00 amRNSCompletion of refinancing
12th May 20234:49 pmRNSAnnual Report and Accounts 2022 and Notice of AGM
2nd May 20237:00 amRNSUpdate on full year results
28th Apr 20237:58 amRNSFull year results for the year ended 31 Dec 2022
26th Apr 20237:00 amRNSAgreed Revolving Credit Facility
28th Mar 20232:00 pmRNSHolding(s) in Company
24th Mar 20237:00 amRNSCorporate, Financing and Trading Update
6th Mar 20237:00 amRNSSale of JFN, Trading Update and Notice of Results
28th Dec 20227:00 amRNSSwordfish Dive Support Vessel sold for US$24m
19th Dec 20227:00 amRNSDisposal of three businesses
15th Dec 20224:30 pmRNSBLOCK LISTING SIX MONTHLY RETURN
19th Oct 20229:14 amRNSHolding(s) in Company
13th Sep 202212:59 pmRNSDirector/PDMR Shareholding
7th Sep 20227:00 amRNSHalf-year Report
1st Sep 20227:00 amRNSCompany Secretary Change
29th Jul 20224:39 pmRNSHolding(s) in Company
23rd Jun 20222:06 pmRNSHolding(s) in Company
17th Jun 20227:00 amRNSAppointment of Chief Executive Officer
15th Jun 20224:44 pmRNSBLOCK LISTING SIX MONTHLY RETURN
13th Jun 20227:00 amRNSCEO Update
6th May 20225:42 pmRNSHolding(s) in Company
5th May 20225:05 pmRNSResult of AGM
5th May 20227:00 amRNSAGM Trading Statement
25th Apr 20221:42 pmRNSDirector/PDMR Shareholding
30th Mar 20225:48 pmRNSAnnual Report and Notice of 2022 AGM posted

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.