2nd July 2015
Johnson Service Group PLC
Pre-Close Trading Statement
Prior to entering its close period ahead of reporting its Interim results for the six months to 30 June 2015, which are expected to be released on 2 September 2015, Johnson Service Group PLC (the 'Group') announces the following update on current trading.
We will deliver a strong result for the first half of the year and expect the full year results for 2015 to be slightly ahead of expectations.
The acquisition of the London Linen business, which was completed on 30 April 2015, is trading as expected and the integration into the wider Johnson textile business is successfully underway.
Net debt was approximately £73.0 million at the 30 June 2015, slightly below management's expectations following the purchase of London Linen.
Enquiries:
Johnson Service Group PLC |
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Chris Sander, CEO |
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Yvonne Monaghan, CFO |
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Tel: 01928 704600 |
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Investec Investment Banking (NOMAD) |
Bell Pottinger |
James Rudd |
Rollo Crichton-Stuart |
David Flin Matt Lewis |
Gavin Davis Greg Wood |
Tel: 020 7597 4000 |
Tel: 020 3772 2500 |