FISHER (JAMES) & SONS PLC (FSJ) — Half year results for the six months ended 30 June 2026

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the James Fish and SONS PLC Half Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the q and a tab situated on the right hand corner of your morning, everyone, and welcome to our twenty '26 interim results earnings call. I am joined by our Chief Financial Officer, Karen Hazen Smith, and I will first cover the key business highlights for the first half ended 06/30/2026. Karen will follow with an overview of our financial results at group and division level. I will then provide an update on how we are positioning the business to grow and scale and concluding with our outlook and Q and As. But first, a quick recap on the things we do at James Fisher. Our company is organized across three divisions, defense, energy and maritime transport, where we sold our customers complex challenges in the blue economy. The defense division supports and rescues lives underwater. Through our global leadership in submarine rescue, rebreathers and mobility solution for special forces. Our Energy Division provides upstream services across oil and gas and offshore wind so that our customers can meet increasing energy demand more efficiently, safely and sustainably. Maritime Transport ensures on time delivery of clean petroleum products and chemicals through coastal shipping and provides global ship to ship transfer of oil and gas cargoes to third parties around the world. Now let's move on to our 1H twenty six business highlights. We delivered a solid first half performance with robust trading in defense and maritime transport, helping to offset challenging market conditions in energy. Given the mix of our markets and the business tu...