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James Fisher & Sons PLC - Cumbria-headquartered provider of specialist services to the marine, oil and gas industry - Says its Energy, Defence and Maritime Transport divisions have started the year well, delivering revenue and underlying operating profit growth in the five months to May 31. Adds net borrowings increased as expected due to costs related to refinancing and the normal seasonal working capital outflow. Looking ahead, expects to reduce overall borrowings position in the second half of the year and says full-year outlook remains unchanged. Current stock price: 405.50 pence, up 1.1% on Wednesday 12-month change: up 21% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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