Fisher (James) & Sons plc Trading Update (4046X)
November 24 2017 - 2:00AM
UK Regulatory
TIDMFSJ
RNS Number : 4046X
Fisher (James) & Sons plc
24 November 2017
24 November 2017
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, today publishes
its trading update for the period ended 31 October 2017.
Revenue for the ten months ended 31 October was 7% ahead of the
comparable period last year. Our Marine Support activities continue
to show good growth with ship to ship volumes being boosted by new
operations in Brazil and our Renewables businesses gaining further
momentum with the award of the first work package for the East
Anglia One windfarm development.
Specialist Technical made good progress against its order book
with trading levels similar to last year despite some slowing in
our nuclear decommissioning work.
In Offshore Oil, the pick-up in activity levels noted in our
Interim Results has not been maintained into the Autumn. As a
result the second half contribution from this division will be
ahead of the first half, but its full year result will be lower
than last year.
Tankships continued its positive track record of recent
years.
Overall James Fisher continues to make good progress and its
outlook for the year remains unchanged.
Contacts
James Fisher
and Sons plc Nick Henry CEO 020 7614 9508
---------------- ------------ ----- --------------
Richard
FTI Consulting Mountain 0203 727 1374
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This information is provided by RNS
The company news service from the London Stock Exchange
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