Full Year Results 

James Fisher's Middle-East impairment

James Fisher's Middle-East impairment

Despite a double-digit rise in revenue, reported profitability for James Fisher (FSJ) pulled back through 2019 after the marine engineering specialist was forced to book a hefty impairment linked to the purchase of a 60 per cent stake in Murjan Al-Sharq for Marine Contracting LLC. The group failed “to achieve management control of this business” and was forced to pull out of the arrangement, “having exhausted all reasonable commercial solutions”.

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