Defence surge drives profit jump at James Fisher despite Energy slump
A 43% surge in Defence revenue drove underlying operating profit 28% higher at James Fisher and Sons in the first half of 2026, offsetting challenging conditions in the Energy division.
The Barrow-in-Furness-based marine services company reported underlying operating profit of £14.2m on revenue of £195.9m for the six months to 30 June, with operating margin improving 140 basis points to 7.2%.
Defence revenue jumped to £53.8m, with strong demand across Tactical Delivery Vehicles, Submarine Platforms and Submarine Escape & ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
