James Fisher is looking for further growth in the renewables sector in 2020, after a successful 2019 saw the company achieve overall underlying operating profit of over £66m from just above £62m in 2018.
Revenue at the company reached £617.1m in 2019, rising from £561.5m in the previous year.
Renewables is part of the company’s marine support business unit, which achieved revenue of £306.1m in 2019, up from £269.8m in the previous year.
Underlying operating profit in the unit, which also includes support to oil and gas, ports and the marine sector as a whole, was down to £25.1m from £28.2m.
“We are now able to offer a comprehensive service to the offshore wind renewable energy market and we are pleased to have won further phases of work in the UK on East Anglia One, and its first work scopes on Triton Knoll, as well as establishing a service centre in Taiwan,” the company said.