UK's James Fisher 2025 revenue misses analyst estimates

James Fisher And Sons

12/03/2026 07:09

Corrects EPS and Adjusted Operating Profit numbers in Key Details table

Overview

UK marine services firm's 2025 revenue fell 9.9%, missing analyst expectations

Adjusted operating profit for 2025 missed consensus

Company cites disposals and staged closures as main drivers of revenue decline

Outlook

Company expects to make further progress in 2026, trading in line with management expectations

James Fisher targets 10% underlying operating profit margin and 15% ROCE in the medium term

Defence market remains supportive; Energy faces volatility, Maritime Transport to benefit from new vessel deliveries

Result Drivers

COST ACTIONS AND TURNAROUND INITIATIVES - Margin improvement and higher underlying profit driven by cost discipline, restructuring, and turnaround of underperforming businesses

DEFENCE GROWTH - Defence division performance boosted by strong demand, increased order intake, and new contract wins, especially in Special Forces and Submarine Platforms

PORTFOLIO SIMPLIFICATION - Disposals and staged closures of non-core businesses reduced revenue but improved overall profit margins

Company press release: ID:nRSL3176Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
GBP 394.40 mln
GBP 400.07 mln (6 Analysts)
FY EPS
-GBP 0.087
FY Adjusted Operating Profit
Miss
GBP 28.6 mln
GBP 27.50 mln (5 Analysts)
FY Operating Profit
GBP 16.10 mln
FY Pretax Profit
GBP 4.30 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy."

Wall Street's median 12-month price target for James Fisher and Sons PLC is GBp532.50, about 5.7% above its March 11 closing price of GBp504.00

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)