FIH Group plc (LSE:FIH) generated £22.5 million in cash from portfolio transactions during the year ended 31 March 2026, including the sale and leaseback of Momart’s Leyton warehouses and the disposal of Portsmouth Harbour Ferry Company.

The group returned £13.8 million to investors through special dividends during the period and maintained its regular dividend. FIH also plans to sell its Momart art logistics business for £7.6 million.

Following these transactions, the group reported a cash position of £17.8 million and is set to focus primarily on its operations in the Falkland Islands.

Falkland Islands Company returns to profit

Underlying losses from continuing operations narrowed to £0.3 million during the year, with the Falkland Islands Company returning to profit.

The improvement at the Falkland Islands business was supported by its housing and construction operations, offsetting weaker trading at Momart.

FIH Group’s Falkland Islands Company operates across areas including housing, construction and retail. Momart provides art logistics services in the UK.

Group reports £2.9 million pre-tax loss

FIH Group recorded a reported pre-tax loss of £2.9 million for the year, while cash generation from operations remained subdued.

At the same time, the group’s asset disposals generated one-off gains and provided funds that were partly returned to shareholders through the special dividends.

The portfolio changes included the sale and leaseback of Momart’s warehouse facilities in Leyton and the disposal of Portsmouth Harbour Ferry Company.

Momart sale planned for £7.6 million

FIH Group intends to dispose of Momart for £7.6 million, further reducing the number of businesses within the group.

The board said it considers the proposed exit to represent a fair valuation for Momart given the trading environment. Management also continues to review strategic options for the group while seeking to improve operational efficiency across its remaining activities.

Following the planned Momart disposal, FIH Group’s operations will be increasingly centred on the Falkland Islands Company and its activities in the Falkland Islands.