26th Nov 2015 07:52
LONDON (Alliance News) - Marine engineering services company James Fisher & Sons PLC on Thursday said revenue in the four months to the end of October fell amid continued challenges from the tough oil and gas market.
The group said revenue for the four-month period was down 4.0% on the year before, with trading conditions for its offshore oil arm still tough, particularly in Norway.
The company said its other units have performed well, but warned its earnings for the year to the end of December will be at the low end of market expectations due to contract delays.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
James Fisher and Sons