James Fisher and Sons plc (FSJ.L) reported full year 2024 profit before taxation of 54.0 million pounds compared to a loss of 39.9 million pounds, last year. Profit per share from continuing operations was 89.7 pence compared to a loss of 101.2 pence. Underlying profit before tax increased to 11.9 million pounds from 8.3 million pounds. Underlying earnings per share increased to 16.5 pence from 11.4 pence.
For the year ended 31 December 2024, revenue declined to 437.7 million pounds from 496.2 million pounds, prior year. Adjusted for the impact of disposals and business closures, revenue increased by 8.6%.
"February 2025 year-to-date trading was in line with management expectations. Subject to geopolitical uncertainties, the Board remains confident on delivering further progress this year, working towards our medium-term financial targets of 10% underlying operating profit margin and 15% ROCE," Jean Vernet, CEO, said.
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