LONDON (ShareCast) - (Sharecast News) - Marine services company James Fisher said it expected full year profits to be "modestly below" expectations but ahead of last year's £56.1m.
The engineering company on Thursday said trends seen in the first half in its offshore oil and tankships divisions had continued in the nine months to September 30, with trading well ahead of the prior year comparative.

"This performance reflected improved market conditions in the oil & gas sector and the commencement of a new contract to support the Royal Navy's refueling requirements in tankships," Fisher said in a trading update.

The company added that a cyber-security "incident" on November 5 had not resulted in the transfer of personal or commercially sensitive data.

"Immediately on realising this incident had occurred, the group invoked its established disaster recovery procedures and confirms that the recovery is now materially complete. This incident had no impact ... within the specialist technical division," the company said.

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