Pre-close Trading Update

RNS Number : 0991E

Johnson Service Group PLC

02 July 2019

 

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
Peter Egan, CEO
Yvonne Monaghan, CFO
Tel: [phone]
Investec Investment Banking (NOMAD)	Camarco  (Financial PR)
David Flin	Ginny Pulbrook
Carlton Nelson Darren Vickers	Ben Woodford Oliver Head
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.  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.

 

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