- Markets
- Oil and gas
- Marine
- Nuclear
- Defence
- Transport and infrastructure
- Renewable energy
- Ports and terminals
- Construction
- Services
- Inspection and monitoring
- Lifting and handling
- Marine services
- Mooring and fendering
- Nuclear equipment and services
- Offshore support
- Design and engineering
- Submarine rescue
- Subsea
- Investors
- COVID-19
- Share price summary and chart
- Major shareholders
- Financial information
- Board of Directors
- Advisors and registrars
- Our strategy
- Business model
- AGM information
- Investor news (RNS)
- Governance
- Investor relations contact information
- Warning to shareholders
- Condition monitoring
- Construction plant productivity and safety
- Geotechnical monitoring
- Hull stress monitoring
- Load cells
- Marine safety systems
- NDT inspection services
- Nuclear plant characterisations
- Offshore safety systems
- PyroSentry™
- Radiation detection equipment
- Strain rings
- Structural monitoring
- Vessel Motion Monitoring System™
- X-ray inspection systems
- Container Weight System™
- Crane overload monitoring
- Hose and umbilical reelers
- Lifting equipment
- Load links
- Load shackles
- Marine cranes
- Winches and hoists
- Fuels infrastructure
- Mermaid®
- Offshore personnel
- Offshore support vessel
- Offshore Wind Management System®
- Ship management services
- Ship-to-ship transfers
- Ship-to-Turbine™
- Shoreside support
- Surface preparation
- Vessel chartering
- Wind turbine blade inspections
- Anchor and chain monitoring
- Deck and mooring equipment
- Docking systems
- Fendering
- Flotation
- Line tension monitors
- Mooring load monitoring
- Quick release mooring
- Tendon tension monitoring
- Towing hooks
- Towing load monitoring
- Building infrastructure and services
- Containerised systems
- Engineered containments
- Manipulators and tooling
- Mechanical and remote handling
- Radiation tolerant equipment
- Remote inspection systems
- Safety and control systems
- Shielded equipment and facilities
- Trials, training and simulation
- Artificial lift
- Compressors and breathing air compressors
- Centrifugal and positive displacement pumps
- Heat suppression
- Offshore equipment
- Offshore pipeline services
- Steam generators
- Safety slick joint
- Safety bails
- Well test support
- Aerospace engineering
- Fabrication
- Hazardous area design and engineering
- Marine projects
- Mechanical and electrical design
- Specialist engineering design
- Specialist structures consultancy
- Atmosphere sampler
- ELSS pods and bags
- Equipment assessment and support
- Flyaway ROV systems
- Inflatable freeboard extender
- Intervention targets
- James Fisher Submarine Rescue Service
- LR5 manned submersible
- Submarine escape training tower
- Submersible mating targets
- Subsea operations training
- Transfer under pressure systems
- Dive equipment
- Diving services
- Remotely operated vehicles (ROVs)
- Salvage
- Subsea excavation
- Subsea engineering
- Containerised deployment solutions
- Launch and recovery systems
- Swimmer delivery vehicles
- Special operations consultancy
- Special operations training
- Company reports, accounts and presentations
- Dividend centre
- Financial calendar
- Five year record
- Sector review
- Sustainability
- Committees
- Principal risks and uncertainties
- Business ethics, anti-bribery and corruption policies
- Modern slavery act transparency statement
- Gender pay report
- Tax strategy
- Health and safety, safety performance and environment
- Employees
- The Sir John Fisher Foundation
- Board changes - Remuneration
- Half year results for the six months ended 30 June 2020
- Half year post close trading update
- AGM trading statement and Covid-19 update
- JFD unveils new ventilator system to support global battle against COVID-19
- Archive
- Strainstall supports Mammoet’s heavy lifting operations
- James Fisher Prolec supports Trant Engineering in major National Grid project
- Strainstall monitoring system secures oil production for Petrofac
- JFMS provides offshore construction services at East Anglia ONE
- Archive
31 August 2016
Half year results 2016.
James Fisher, the leading marine service provider, announces its results for the six months ended 30 June 2016.
| H1 2016 | H1 2015 | |
| Group revenue | £209.3m | £213.1m |
| Underlying operating profit* | £19.9m | £20.0m |
| Underlying profit before tax* | £17.5m | £17.8m |
| Underlying diluted earnings per share* | 29.4p | 29.5p |
| Interim dividend per share | 8.55p | 7.80p |
| Statutory profit before tax | £17.4m | £17.9m |
| Statutory diluted earnings per share | 29.4p | 30.0p |
* underlying profit excludes separately disclosed items.
Highlights:
- Specialist Technical, Marine Support and Tankships performed well, increasing underlying operating profit by 18%
- Offshore Oil in line with second half of 2015
- Recent contract wins, Galloper Wind farm, Indian submarine rescue and Winfrith decommissioning progressing well
- Acquisitions of Lexmar and Hughes since period end
- Continued strong cash conversion of 102% (2015: 96%)
- Interim dividend increased by 10% to 8.55p per share
Commenting on the results. Nick Henry, Chief Executive Officer said:
"Strong performances in Specialist Technical, Marine Support and Tankships, which together increased underlying operating profit by 18%, offset reduced activity levels in Offshore Oil leaving the first half similar to last year. With new contracts in renewables, defence and nuclear decommissioning contributing fully in the second half and continued firm demand for ship-to-ship services, we expect to see a resumption in growth in the second half leading to a good improvement in the result for the full year."
For more information on the Group's half year results, including the Chairman's Statement, please view the Half Year Results 2016 Investors News Feed and the Interim results 2016 presentation.
