2006 Highlights
"2006 was a productive and successful year for James Fisher with strong organic growth the key component of profit growth. Over 70% of the group's segmental profit from continuing operations is now generated by Marine Support activities."
Tim Harris, Chairman
Speciality, the first of four new advanced tanker series
JF Nuclear decommissioning control panel
The interior of a JF Rumic rescue submarine
Financial Highlights
| % | 2006 | 2005 | |
|---|---|---|---|
| Group Revenue | +29% | £118.1m | £91.4m |
| Profit from continuing activities before tax* | +42% | £15.9m | £11.2m |
| Basic earnings/(loss) per share | 28.09p | (4.50p) | |
| Basic earnings per share after adjustment for separately disclosed items | +30% | 28.30p | 21.84p |
| Final dividend per share | +15% | 6.54p | 5.69p |
* before separately disclosed items
Operational Highlights
- Marine Support Services contribution now over 70%
- 65% of profit from organic growth
- 35% of profit from Monyana and Fendercare acquisitions
- Disposal of last cable ship for USD18.25m and £1.94m book profit
- Purchase of Strainstall in October
- Purchase of FT Everard in December
This Report and Accounts includes statements which may be forward-looking. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Group to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Group, present and future business strategies and the environment in which the Group will operate in the future. These forward-looking statements speak only at the date of this Report and Accounts. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.