Financial Highlights

FIH group plc	2025	2024	Change
	£’m	£’m	£’m
Turnover	40.9	52.5	(11.6)
Underlying operating profit	(5.5)	4.0	(9.5)
Net Interest payable on bank loans	(0.4)	(0.3)	(0.1)
Lease finance & pensions charges	(0.3)	(0.3)	0
Financing costs	(0.7)	(0.6)	(0.1)
Underlying profit before tax	(6.2)	3.4	(9.6)
Non Trading Items	(0.4)	(0.6)	(0.2)
Profit before tax	(6.6)	2.8	(9.4)
Avg shares (000's)	12,520	12,520
Diluted EPS on underlying profit after tax	(38.3)p	19.4p

Highlights

• Revenue significantly below prior year at £40.9 million (2024: £52.5 million). The majority of the reduction was from Falkland Building Services (“FBS”), the construction division of the Falkland Islands Company (“FIC”), where the work was severely disrupted.
• Underlying pre-tax loss of £6.2 million as a result (2024: profit of £3.4 million).
• Pre-tax loss of £6.6 million (2024: £2.8 million profit) including non-trading items.
• Group cash balance of £7.8 million (2024: £9.6 million).
• Underlying loss per share of 41.0p (2024: Underlying earnings per share 19.4p).
• A final dividend of 5.5 pence per share will be proposed at the forthcoming Annual General Meeting, taking the total regular dividend for the year to 6.75 pence per share (2024: 6.75 pence per share).

Stuart Munro, Chief Executive, said:

“It has been a challenging year for the Group, particularly in FIC, where the challenges in the construction division reported at the half year continued to adversely impact results in the second half, albeit to a lesser extent. Having secured both construction and retail management resource to address the issues within those business areas, the newly appointed Managing Director will provide additional support to those divisions, as well drive a programme of improvement across all areas of the business.
The market remains difficult for Momart, but is being addressed by a continued focus on client relationships, process efficiency and cost management. At Portsmouth Harbour Ferry, passenger numbers were slightly reduced, but continue to be mitigated by a combination of fare pricing, cost management and the maximisation of secondary revenues. Whilst there are significant challenges ahead, the Group now has the management teams in place to address them in all businesses.”

Stuart Munro, CEO, October 2025