Fisher (James) & Sons

FSJ · Main Market · Industrial Goods and Services · mcap £208m · 426.0p

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Financials · LTM to 30 Jun 26

Source: results 08 Sep 26 ↗

Revenue: £398m
Operating profit: £21.6m
Net income: −£2.9m
Free cash flow: −£300k
Net debt: £180m
Market cap: £214m
EV / EBIT: 17.9×
FCF yield: −0.1%
Price / book: 1.1×

Latest half-year · H1 26 vs H1 25 results 08 Sep 26 ↗

Revenue: £196m
Operating profit: £10.3m
Net income: −£900k
Cash from operations: £22.7m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 08 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	398.4	394.4	437.7
Gross profit	132.5	128.4	133.0
Adjusted operating profit	31.7	28.6	29.5
Operating profit	21.6	16.1	73.1
Share-based payments	3.2	2.9	1.8
Finance costs	–	(16.5)	(21.2)
Profit before tax	5.3	4.3	54.0
Tax	(8.1)	(8.6)	(7.6)
Net income (owners)	(2.9)	(4.4)	46.3
EPS basic	(5.8p)	(8.7p)	92.0p
EPS diluted	(5.8p)	(8.7p)	89.7p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	195.9	+2%	202.5	191.9
Gross profit	64.8	+7%	67.7	60.7
Adjusted operating profit	14.2	+28%	17.5	11.1
Operating profit	10.3	+115%	11.3	4.8
Share-based payments	1.3	+30%	1.9	1.0
Profit before tax	2.4	+71%	2.9	1.4
Tax	(3.3)	−13%	(4.8)	(3.8)
Net income (owners)	(0.9)	n/m	(2.0)	(2.4)
EPS basic	(1.9p)	–	(3.9p)	(4.8p)
EPS diluted	(1.9p)	–	(3.9p)	(4.8p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	58.4	66.9	49.3
Interest paid	–	(9.4)	(20.0)
Tax paid	(8.6)	(8.0)	(9.7)
Capex (PP&E)	(20.5)	(25.0)	(29.3)
Capex (intangibles)	(7.8)	(8.0)	(2.4)
Lease principal paid	(22.6)	(22.8)	(16.7)
Lease interest paid	(7.8)	(6.4)	(4.3)
Share buybacks	(0.4)	(0.3)	(0.2)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	22.7	−27%	35.7	31.2
Tax paid	(5.5)	+12%	(3.1)	(4.9)
Capex (PP&E)	(11.8)	−28%	(8.7)	(16.3)
Capex (intangibles)	(2.7)	−7%	(5.1)	(2.9)
Lease principal paid	(11.0)	−2%	(11.6)	(11.2)
Lease interest paid	(4.5)	+45%	(3.3)	(3.1)
Share buybacks	(0.5)	+25%	0.1	(0.4)

	Latest Jun 26	FY 25	FY 24
Goodwill	66.1	65.4	64.5
Other intangibles	16.9	14.5	7.2
Property, plant & equipment	99.3	104.0	111.4
Associates & JVs	7.3	6.6	5.9
Other investments	2.3	1.4	1.4
Inventories	43.7	36.1	32.8
Trade receivables	100.9	97.1	114.5
Cash	89.7	58.8	86.2
Current assets	250.0	205.6	239.4
Trade payables	114.3	102.2	111.3
Borrowings, current	93.4	61.6	78.9
Current liabilities	216.8	177.5	202.6
Borrowings, non-current	176.2	141.3	115.3
Pension surplus / (deficit)	–	9.1	9.1
Non-controlling interests	0.5	0.5	0.4
Total equity	189.8	187.3	190.3
Net cash / (debt) ex leases	(65.7)	–	–
Net cash / (debt) incl. leases	(179.9)	(144.1)	–
Treasury shares	–	-0.5m	-0.2m
Undrawn facilities	38.5	21.5	17.0
Order book	295.0	–	–

	H1 26	H2 25	H1 25	H2 24
Goodwill	66.1	65.4	–	64.5
Other intangibles	16.9	14.5	–	7.2
Property, plant & equipment	99.3	104.0	–	111.4
Associates & JVs	7.3	6.6	–	5.9
Other investments	2.3	1.4	–	1.4
Inventories	43.7	36.1	–	32.8
Trade receivables	100.9	97.1	–	114.5
Cash	89.7	58.8	–	86.2
Current assets	250.0	205.6	–	239.4
Trade payables	114.3	102.2	–	111.3
Borrowings, current	93.4	61.6	–	78.9
Current liabilities	216.8	177.5	–	202.6
Borrowings, non-current	176.2	141.3	–	115.3
Pension surplus / (deficit)	–	9.1	–	9.1
Non-controlling interests	0.5	0.5	–	0.4
Total equity	189.8	187.3	–	190.3
Net cash / (debt) ex leases	(65.7)	–	(63.3)	–
Net cash / (debt) incl. leases	(179.9)	(144.1)	(142.7)	–
Treasury shares	–	-0.5m	–	-0.2m
Undrawn facilities	38.5	21.5	10.0	17.0
Order book	295.0	–	315.0	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.