FIH Group plc is a UK incorporated AIM listed international services group that owns essential services businesses in the Falkland Islands and the UK. Consistently profitable since its flotation in 1998 the group owns three distinct and commercially separate businesses.
In the Falkland Islands the group owns, “The Falkland Islands Company (FIC)”, which provides essential services to the people of the Falklands. Established by Royal Charter in 1852, FIC's activities include retailing, property, automotive, insurance, tourism shipping and fishing agency services.
In the UK the group owns the Portsmouth Harbour Ferry Company (PHFC), which operates a passenger ferry service across Portsmouth Harbour.
In London the group owns, “MOMART”, which provides market leading specialist international arts logistics and storage services.
The Board is keen to focus on a long term growth strategy to fully develop the potential of its existing businesses in both the Falklands and the UK and believes that a policy of re-investing profits to support accelerated growth will yield long term benefits for shareholders. The Board is confident that significant investment opportunities exist in both the Falkland Islands, where the Group is well placed to capitalise on the recent further positive news of commercial oil discoveries and planned infrastructure development , and in the UK where the Group already has two strong specialist services businesses.
The Group’s strategy is to concentrate on the development and expansion of its existing market leading businesses, through investment in its physical resources and people to enable the steady expansion and development of its service offering. The Board is confident that this focussed and long term approach will lead to more sustainable capital growth and greater overall returns for shareholders in the long term.