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James Fisher And Sons H1 Pretax Profit Declines; Revenue Up 10% - Quick Facts

James Fisher and Sons plc (FSJ.L) said the first half of 2019 saw a strong performance from the Group's Offshore Oil and Tankships divisions. Group revenue was 10% ahead of the prior period due to strong growth in Offshore Oil and Tankships and from the two businesses acquired during the first half. At constant currency and excluding acquisitions, revenue grew by 4%.

For the first-half, statutory profit before tax declined 3 percent to 20.9 million pounds. Earnings per share was 33.6 pence compared to 34.5 pence. Underlying profit before tax declined to 20.9 million pounds from 21.7 million pounds. Underlying earnings per share was 33.2 pence compared to 34.5 pence. First-half revenue was at 286.9 million pounds compared to 260.5 million pounds, a year ago.

The Board has declared an interim dividend of 11.3 pence per share, an increase of 10%. The dividend will be paid on 1 November 2019 to shareholders on the register at the close of business on 4 October 2019.

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