From 1 January 2023, the Group has been re-organised into three operating segments representing the key markets within which the Group operates, as reviewed by the Board: Energy, Defence, and Maritime Transport. The Energy Division combines the old Marine Support and Offshore Oil Divisions, minus Fendercare (which includes Martek), which is added to the Tankships Division to create Maritime Transport. Specialist Technical (the JFD business) is the only component of the Defence Division. Energy and Defence are differentiated by markets and industries which they serve. The Maritime Transport Division is differentiated by the services which they provide. Further information can be found in the Group’s Annual Report.
June 2024 £m |
2023 £m |
2022 £m |
2021 £m |
Restated* 2020 £m |
Restated* 2019 £m |
|
Revenue | ||||||
Energy1 | 110.2 | 266.5 | 242.6 | 222.9 | 222.9 | 272.2 |
Defence | 36.5 | 72.5 | 68.2 | 81.5 | 83.2 | 106.3 |
Maritime Transport | 74.8 | 157.2 | 167.3 | 138.0 | 164.9 | 192.2 |
Total Revenue (continuing operations) | 221.5 | 496.2 | 478.1 | 442.4 | 471.0 | 570.7 |
Underlying Operating Profit/(Loss) | ||||||
Energy2 | 15.0 | 15.7 | 13.9 | 7.7 | (1.8) | 15.0 |
Defence | (0.4) | 1.5 | (0.3) | 9.7 | 13.2 | 18.2 |
Maritime Transport | 8.2 | 23.3 | 18.7 | 13.5 | 31.4 | 36.9 |
Corporate costs | (6.0) | (10.9) | (5.9) | (2.8) | (2.8) | (2.8) |
Total Underlying Operating Profit (Continuing operations) | 16.8 | 29.6 | 26.4 | 28.1 | 40.0 | 67.3 |
*2019 and 2020 results are restated to exclude the nuclear business which was subsequently reported as a discontinued operation.
1Sales relating to divestments (Mimic, Prolec, Strainstall, Testing Services, NDT):
2019: £25.4m
2020: £18.9m
2021: £16.1m
2022: £14.1m
2Operating Profit/(loss) relating to divestments (Mimic, Prolec, Strainstall, Testing Services, NDT):
2019: £0.2m
2020: (£1.0m)
2021: £1.1m
2022: £2.3m
Sign up to regulatory news services (RNS) alerts from James Fisher and Sons plc (LSE: FSJ).
Our latest news
Discover the latest stories from across James Fisher
- Read article
JFD expands long term partnership with Indian Navy strengthening underwater capabilities
Read articleJames Fisher supports ammonia ship-to-ship pilot
Read articleMaida Zahirovic appointed to ORE Catapult
Read articleJames Fisher completes its largest decommissioning project to date
Read articleJames Fisher secures its first tidal energy project in Anglesey, UK
Read articleJames Fisher secures commissioning contract worth over one million pounds at Zhong Neng offshore wind farm in Taiwan
Read articleJames Fisher and Tokyo Gas Engineering Solutions sign a Joint Collaboration Agreement to deliver offshore wind Operations and Maintenance services in Japan
Read article