Why invest in James Fisher?
We are seeking to deliver sustainable value for our shareholders by implementing a strategy to simplify and focus the Group. By establishing stronger foundations, we are delivering growth, improved margins and enhanced ROCE.
James Fisher at a glance
James Fisher is a global marine solutions provider, delivering safe, trusted and innovative solutions to complex customer challenges across the world's oceans and critical infrastructure.
We operate across three customer-led market verticals – Defence, Energy and Maritime Transport – combining specialist marine expertise, technology and experience to deliver solutions in demanding environments.
FY25 financial summary
We operate across three divisions:
Defence
Protecting lives and assets under the oceans
Specialist capabilities spanning submarine rescue, diving, life support and mission-critical solutions for defence customers.
Energy
Driving offshore energy forward
Solutions supporting the energy lifecycle, including offshore energy services, decommissioning, renewables and innovative technologies that improve safety, efficiency and sustainability.
Maritime Transport
Delivering critical maritime supply chains
Specialist coastal shipping and ship-to-ship transfer services supporting the safe and reliable movement of critical products.
2025 performance
Underlying operating profit increased 56.3%, with margin improving by 250bps.
Net debt reduced, with covenant leverage at 1.3x.
Performance benefited from the turnaround of Decommissioning, improved Defence volumes and portfolio simplification.

Our business model
For nearly 180 years, James Fisher has combined marine expertise, specialist technology and deep customer relationships to solve complex challenges in demanding environments. Our business model brings these capabilities together across attractive markets where we can apply our expertise, develop new solutions and create long-term value.
Building on a stronger platform to deliver sustainable growth
Having strengthened the Group through a period of focus, simplification and disciplined execution, our strategy is now centred on three growth engines. Together, they build on our specialist capabilities and customer relationships while creating opportunities for growth across our core markets.
Customer intimacy
Deepening our understanding of customer needs and strengthening relationships to grow our share of existing markets, develop new opportunities and become a partner of choice.
Customer-led geographic growth
Taking proven capabilities and solutions into attractive geographic markets where we see strong customer demand and opportunities to scale.
Technology-led innovation
Developing and deploying new technologies and solutions that address complex customer challenges, improve performance and create opportunities in existing and adjacent markets.
Our strategy is underpinned by a focus on commercial excellence, operational discipline and disciplined capital allocation, with ambitions to deliver a 10% underlying operating margin and 15% ROCE.
Key statistics
General news
Discover the latest stories from across James Fisher

James Fisher and Aquaterra Energy announce global decommissioning partnership
Read article
JFD announces new Managing Director in Australia
Read article
James Fisher introduces innovative new solution for rapid fender deployment
Read article
James Fisher opens Uruguay base with first successful ship-to-ship crude oil transfer
Read article
James Fisher delivers complex FPSO methanol transfer 100 miles offshore
Read article
JFD Global and Larsen & Toubro sign strategic agreement
Read article
James Fisher signs Memorandum of Understanding with UK Ministry of Defence
Read article
James Fisher completes historic 10m diameter monopile cut, marking new milestone for offshore wind
Read article











