Business
AGM and IMS
AGM and IMS.
About this update from James Fisher And Sons Plc
[{"type":"text","content":"\n Fisher (James) & Sons PLC\n01 May 2008\n\n\n\n\n1 May 2008\n\n\n\n James Fisher and Sons plc\n AGM / Interim Management Statement\n\nThe Group's marine support divisions have started 2008 strongly. The offshore,\nshipping and port related services markets in which we operate continue to grow\nwell. Both the offshore and specialist technical divisions are trading slightly\nahead of plan and continue to produce strong growth. Good progress has also\nbeen made by the defence division on its Korean and Singaporean submarine rescue\ncontracts which remain on schedule for delivery as planned at the end of this\nyear and in the first half of 2009.\n\nJames Fisher Everard has experienced a slow start to the year. The dry-dock\nschedule is unusually heavy in the first half, primarily because of the need to\ndry-dock three vessels to equip them for the new European Maritime Safety Agency\n(EMSA) contract. Our largest coastal tanker, Pembroke Fisher, has also lost two\nmonths service owing to engine and related gearbox problems, which are now\nresolved with her back in service.\n\nOverall our expectations for the year remain unchanged from the time of our full\nyear results announcement on 18 March 2008, with the strong growth in the marine\nsupport divisions compensating for the slow start in marine oil. James Fisher\nremains well placed to continue to produce growth and increasing returns to our\nshareholders.\n\nContact\n\n\nJames Fisher and Sons plc Tim Harris Chairman 020 7614 9508\n Michael Shields Group Financial \n Director\n\nFinancial Dynamics Richard Mountain - 020 7269 7186\n\n\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2062,"tagName":"div"}]