UK's James Fisher down on results delay to close debt talks
24/03/2023 09:58
** Shares of marine services provider James Fisher and Sons
Plc FSJ.L down as much as 10.5% at 280p; top pct. loser on
FTSE small caps index .FTSC
** Co delays publication of FY22 results by a month to April
28
** Says the additional time will allow co to complete
discussions it started earlier this year for its existing debt
facilities with its lending banks
** Adds it is also required to resolve technical
restrictions related to JFN disposal, waived till April 28th
** FSJ says trading in first two months of 2023 ahead of
last year and in-line with expectations
** Shares hit lowest in over four months
** YTD, stock was down 24.6% through last close
(Reporting by Anchal Rana in Bengaluru)
((Anchal.Rana@thomsonreuters.com; +91 9915609050;))