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FIH Group Sells Portsmouth Harbour Ferry Unit for £11.6m Premium

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FIH Group Sells Portsmouth Harbour Ferry Unit for £11.6m Premium

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An announcement from FIH Group plc ( (GB:FIH) ) is now available.

FIH Group has sold The Portsmouth Harbour Ferry Company and its subsidiaries to TC Gosport Bidco for £11.62 million, a price representing a 53% uplift on the business’s net book value in FIH’s accounts. PHFC generated £0.53 million profit before tax in the year to 31 March 2025 and had net assets of £2.79 million as of 30 September 2025, highlighting a strong valuation relative to its recorded balance sheet.

Chief executive Stuart Munro said the sale provides around £11.6 million of cash, strengthening the group’s financial position while transferring PHFC to an acquirer with significant sector experience. FIH expects to deploy most of the proceeds on reinvestment across its remaining operations and on a capital return to shareholders, signalling both a strategic portfolio reshaping and a potential near-term benefit for investors.

The most recent analyst rating on (GB:FIH) stock is a Hold with a £247.00 price target. To see the full list of analyst forecasts on FIH Group plc stock, see the GB:FIH Stock Forecast page.

Spark’s Take on GB:FIH Stock

According to Spark, TipRanks’ AI Analyst, GB:FIH is a Neutral.

The overall stock score reflects significant challenges in financial performance, particularly in profitability and revenue growth. Technical analysis shows a positive trend, providing some support to the stock. Valuation is impacted by negative earnings, although the dividend yield offers some appeal. Recent corporate events suggest strategic efforts to improve operations, but ongoing challenges remain.

To see Spark’s full report on GB:FIH stock, click here.

More about FIH Group plc

FIH Group plc is an AIM-quoted international specialist services group with operations in the Falkland Islands and the UK. Through a portfolio of businesses, it provides niche transport and related services, and focuses on leveraging regional expertise to deliver dependable infrastructure and customer-focused offerings in its chosen markets.

Average Trading Volume: 3,885

Technical Sentiment Signal: Strong Buy

Current Market Cap: £30.67M

Learn more about FIH stock on TipRanks’ Stock Analysis page.

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