Last checked at 2 Jul 2019 07:00
2 July 2019
AIM: JSG
Johnson Service Group PLC
("JSG" or "the Group")
Pre-close Trading Update
JSG, a leading UK textile rental provider, is pleased to provide a trading update for the six months to 30 June 2019.
Following the update in early May trading has continued to be strong, with encouraging levels of organic growth, and we now expect results for the full financial year to be slightly ahead of current market expectations.
Planned capital investment across the business is continuing in order to increase capacity and productivity for the busy summer months. As mentioned in May, construction of our new Leeds hotel linen site remains on schedule and within budget and is expected to be operational in the second quarter of 2020.
Results for the half year are expected to be published in early September.
Enquiries:
Johnson Service Group PLC |
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Peter Egan, CEO |
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Yvonne Monaghan, CFO |
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Tel: 01928 704600 |
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Investec Investment Banking (NOMAD) | Camarco (Financial PR) |
David Flin | Ginny Pulbrook |
Carlton Nelson Darren Vickers | Ben Woodford Oliver Head |
Tel: 020 7597 4000 | Tel: 020 3757 4992 |
About Johnson Service Group PLC
www.jsg.com
Headquartered in Preston Brook, Cheshire, JSG provides textile rental and related services across the UK. The Group is the leading supplier of workwear and protective wear in the UK, clothing over 1.3 million people a week. It also provides premium linen services for the hotel, catering and hospitality markets, and high-volume hotel linen services, processing over 500 million items a year. With its core values of quality, reliability and service, the Group aims to provide customers with an outstanding level of customer care.