UK's James Fisher and Sons gains on upbeat FY profit forecast
05/02/2025 08:29
** Shares of James Fisher and Sons FSJ.L up 6.5% at 326p
** The oil & gas and marine services provider expects FY24
underlying operating profit of about 29 mln pounds ($36.25 mln),
ahead of current market expectations
** Says it saw solid overall trading performance through the
H2 supported by end markets
** Brokerage Peel Hunt raises its 2024 operating profit
estimate to 29 mln pounds
** "We expect conditions in key end markets to remain
supportive, underpinned by structural drivers" - Peel Hunt
** FSJ rose about 5% YTD
($1 = 0.8001 pounds)
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))