Johnson Service Group expects strong first half

31 July 2013


Johnson Service Group says that its interim results for the first six months, which are due to be released on 3 September, will show that it delivered a strong first half. It expects the full-year to be in line with forecasts and to represent good progress.

The 4 July pre-close trading statement, reported that textile rental has traded well in the first half of the year and that it has benefited from the first full year of ownership of the Cannon Textile business.

The drycleaning division continues to show an improvement in like-for-like sales growth, which is particularly encouraging.

Facilities management, where more than half of the revenue is derived from long-term PPP contracts, has continued to perform in line through the first half.

The group expects net debt to be below £54million at 30 June 2013.



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