James Fisher and Sons (LON:FSJ) Releases Quarterly Earnings Results

James Fisher and Sons (LON:FSJ) announced its earnings results on Thursday. The company reported GBX 20.20 earnings per share for the quarter, Digital Look Earnings reports. James Fisher and Sons had a return on equity of 23.85% and a net margin of 10.95%.

Here are the key takeaways from James Fisher and Sons’ conference call:

• James Fisher called 2025 a turning point, delivering 4% like‑for‑like revenue growth, underlying operating margin of 7.6%, operating profit of £28.6m (up ~56%), ROCE of 8.6%, and net debt reduced to £54m (covenant leverage 1.3x).
• The Defense division has a strengthened order book of £317m (plus ~£50m under frameworks) after material wins, but revenue conversion is phased (1–3 years) and its margin (6.2%) currently lags the group target.
• Energy delivered a solid year—revenue ~£141m and operating profit up ~23% with decommissioning returned to profit—though some offshore wind aftermarket areas (cable/blade repairs) remain below hurdle rates.
• Maritime Transport showed stronger utilization (Tankships revenue +7.5%, ~80% fleet on long‑term contract), FenderCare recovered in H2, and group initiatives delivered £4.6m of supply‑chain savings alongside planned fleet modernization (four new tankers 2026–27).
• Management added £25m of RCF headroom (total facilities £117.5m), reduced finance costs, committed ~£25m capex and increased R&D, and reiterated medium‑term targets of 10% UOP margin and 15% ROCE (potentially 1–2 years), while flagging the Middle East conflict as a short‑term uncertainty.

James Fisher and Sons Price Performance

LON:FSJ traded up GBX 12 during mid-day trading on Thursday, reaching GBX 516. The stock had a trading volume of 120,607 shares, compared to its average volume of 64,354. The stock has a 50-day simple moving average of GBX 437.44 and a two-hundred day simple moving average of GBX 395.86. The stock has a market capitalization of £260.40 million, a PE ratio of 5.96 and a beta of 0.72. The company has a debt-to-equity ratio of 109.73, a current ratio of 1.23 and a quick ratio of 1.12. James Fisher and Sons has a 12 month low of GBX 285 and a 12 month high of GBX 534.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 615 price target on shares of James Fisher and Sons in a research report on Monday, February 2nd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, James Fisher and Sons presently has a consensus rating of “Buy” and a consensus price target of GBX 572.50.

James Fisher and Sons Company Profile

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com