Marine Engineering and Specialist Engineering Services
Strategic Profile
The company offers oil and gas solutions including decommissioning, diving and ROV services, as well as renewable solutions with balance of plant, blade inspection and repair, and subsea services. James Fisher and Sons has made 13 acquisitions, including Cowan Manufacturing, EDS HV and Hsse, demonstrating an aggressive growth-through-acquisition strategy serving energy transition and defence markets.
Cyborg Score Rationale
Net income for the last half-year declined to −2.40M GBP versus 47.10M GBP previously, indicating profitability challenges. However, EBITDA is 62.70M GBP with a 19.03% margin, showing underlying operational strength. Market capitalization of £154.52M reflects investor caution regarding near-term earnings quality.
Top Insights
Recent profitability collapse (H1 2026 net income negative vs. positive prior year) suggests operational headwinds despite stable EBITDA margins of ~19%
Diversified across Energy, Defence, and Maritime Transport segments with exposure to renewable energy transition and offshore decommissioning
Aggressive acquisition history (13 companies) indicates portfolio consolidation strategy in fragmented marine services market
1,900 employees and £515M TTM revenue position it as significant mid-cap player in specialist engineering services
Named Competitors
Marine and offshore support services — Provides support vessels and services for offshore industry
Shipping and maritime services — Container shipping and marine transport
Marine services and operations — Fragmented regional competitors in UK and Scandinavian markets
Recent Developments
(March 2026) Earnings report scheduled for March 5, 2026, imminent announcement expected
(February 2026) Stock trading at £3.86, down from 52-week high of £4.28, indicating recent price pressure
(2025) Company maintains operations across Middle East, Africa and Americas with geographically diversified revenue base
Open the full interactive James Fisher and Sons plc report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.