James Fisher pulls guidance after oil price collapse
30th Apr 2020 09:35
(Sharecast News) - James Fisher & Sons said on Thursday that group trading in the first quarter was in line with the board's expectations, which were set at the beginning of the year, although it was now withdrawing its guidance as a result of the coronavirus crisis.
Read moreJames Fisher suspends divi, imposes boardroom pay cut
26th Mar 2020 07:42
(Sharecast News) - Marine engineering services firm James Fisher & Sons suspended its dividend until further notice, cut boardroom pay by 20% a fifth to save cash and mitigate the impact of the Covid-19 pandemic.
Read moreJames Fisher underlying profits up on offshore gains
27th Feb 2020 09:46
(Sharecast News) - Oil and gas services company James Fisher on Thursday reported a rise in underlying operating profit as its offshore and tankships divisions offset a weaker performance from marine operations.
Read moreFTSE 250 movers: Gambling stocks fall, TI Fluid Systems climbs
5th Nov 2019 14:06
(Sharecast News) - London's second-tier was 0.35% higher at 20,230.47 in afternoon trade on Tuesday, with Rank Group and William Hill leading the index lower.
Read moreJames Fisher wins submarine rescue equipment contract
27th Sep 2019 07:02
(Sharecast News) - James Fisher & Sons said it had won a multi-million pound contract to design and build submarine rescue equipment, as part of a comprehensive submarine rescue capability being provided to China Shipbuilding & Offshore International Co.
Read moreJames Fisher 'well placed' as marine division geared for strong H2
2nd May 2019 07:25
(Sharecast News) - Fisher James & Sons on Thursday reported that its first quarter was in line with expectations as its tankships and offshore oil divisions traded "well ahead" of the same period last year, while its two other divisions would be more second half weighted.
Read moreOffshore wind propels James Fisher FY profits
26th Feb 2019 07:49
(Sharecast News) - Marine services company James Fisher said full year pre-tax profits rose 17% to £55m due to solid performances from its marine support unit and growth in services provided to the UK renewables industry.
Read moreFTSE 250 movers: M&A lights fire under oil equipment stocks
26th Aug 2015 16:46
(ShareCast News) - Shares in Paddy Power and Betfair surged on Wednesday as they announced they have agreed in principle to a possible merger that would create one of the world's largest public online betting and gaming companies by revenue. OneSavings Bank reported a sharp jump in profitability, wi
Read moreJames Fisher & Sons profits down due to cut back in oil spend
25th Aug 2015 08:22
(ShareCast News) - James Fisher & Sons said first half pre-tax profits were down by 14%, as the company expected, due to lower activity in its offshore oils division. First half pre-tax profits were down to £17.9m from £20.8m, as the marine engineering firm's shares fell, down by 4.36% to 966.88p at
Read moreJames Fisher's chairman increases stake
10th Jun 2015 15:42
The chairman of James Fisher and Sons bought shares in the company following a trading plan entered with Investec Bank back in 2013. Charles Rice purchased 2,288 shares for an individual price of 1328p, spending a total of £30,385. Following the transaction, Rice holds 19,069 ordinary shares in the
Read moreJames Fisher acquires X-Subsea Holdings
12th May 2015 08:01
James Fisher scooped up the Aberdeen-headquartered manufacturer of undersea dredging equipment X-Subsea Holding. The acquisition target went into administration on 27 April 2015 following the collapse of its parent company, Reef Subsea AS. James Fisher will pay a total consideration of £14.8m for
Read moreJames Fisher bags Mojo Maritime in deal worth up to £3.5m
6th May 2015 09:22
Maritime engineering group James Fisher has agreed a deal to buy offshore renewable energy services provider Mojo Maritime for up to £3.5m. The FTSE 250 group and Cornwall-based Mojo already have a contract in place, which sees the latter co-operate with the group's marine services division on the c
Read moreThursday broker round-up
30th Apr 2015 18:01
Schroders: Credit Suisse reiterates outperform and 2,770p target price. Tesco: UBS restarts coverage at buy with 260p target. Pearson: Westhouse Securities reiterates sell and 1,185p target price. RBS: Shore Capital reiterates hold, Numis reiterates add (with 400p target), Investec reiterates hold
Read moreFTSE 250 movers: Zoopla rockets on acquisition, RPS hit by sluggish first quarter
30th Apr 2015 13:05
Zoopla, the residential property website group, topped the risers after agreeing to acquire utility price comparison site uSwitch for up to £190m. Zoopla said it expected the deal to be "significantly enhancing" to adjusted basic earnings per share in the first full financial year following completi
Read moreJames Fisher warns first-half hit by offshore oil industry restructuring
30th Apr 2015 08:47
James Fisher warned that first-half results would be lower than last year after its offshore oil arm suffered a "slow start" to 2015. The industrial support services group said it expected to see a stronger second half as performance improved at its Marine Services divisions. Shares in the FTSE 250
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