AGM Statement

RNS Number : 0574E

Johnson Service Group PLC

04 May 2017

 

4 May 2017

AIM: JSG

Johnson Service Group plc

("JSG" or "the Group")

AGM Statement

JSG, a leading UK textile rental provider, will be holding its Annual General Meeting today and Chairman, Paul Moody, will make the following statement:

"Following strong results in 2016, trading in the first quarter of 2017 is progressing well and the Group remains on track to deliver management expectations for the year. 

"Our £4.5m investment at London Linen's Southall plant, which started in August 2016, has recently been completed, and we have also finished a £3.5m refit at our Chester plant. These investments provide us with additional capacity in two strategically important locations and will also improve productivity at both sites. 

"With the disposal of the retail drycleaning operations in early January, the Group is now wholly focused on the further expansion of its textile rental activities and the Board views prospects for the Group's ongoing development very positively."

Enquiries:

 

Johnson Service Group PLC
Chris Sander, CEO
Yvonne Monaghan, CFO
Tel: [phone]
Investec Investment Banking (NOMAD)	KTZ Communications  (Financial PR)
David Flin	Katie Tzouliadis
Matt Lewis Darren Vickers	Emma Pearson
Tel: [phone]	Tel: [phone]

About Johnson Service Group PLC

www.jsg.com

Headquartered in Preston Brook, Cheshire, JSG provides textile rental and related services across the UK.

Through its Apparelmaster brand, JSG is the leading supplier of workwear and protective wear in the UK, clothing over 1.3 million people a week. Through its Stalbridge, London Linen, Bourne and Afonwen brands, the Group also provides premium linen services for the hotel, catering and hospitality markets, and high volume hotel linen services, processing approximately 8 million items a week.  

 

END

 

 

AGMSSSFSDFWSEII