Johnson Service Group PLC
16 December 2002
16 December 2002
JOHNSON SERVICE GROUP PLC
PRE-CLOSE PERIOD STATEMENT YEAR ENDING 28 DECEMBER 2002
Johnson Service Group PLC will be speaking to analysts ahead of its year end
close period.
The Chief Executive and management have continued to work to fill the skill
gaps, review all the Group's facilities and capture the efficiencies referred to
in Stuart Graham's review within the interim statement.
Good progress is being made with this process, which will be completed without
material increase in underlying overhead cost. A full update will be included
in the Preliminary Results announcement scheduled for early March.
Cash generation remains strong with a further reduction in debt during the
second half of the year.
The Board expects to announce a full year result in line with market
expectations.
ENQUIRIES:
Johnson Service Group PLC Hudson Sandler
Mike Sutton, Chief Financial Officer Wendy Baker
Tel: 0151 933 6161 Tel: 020 7796 4133
This information is provided by RNS
The company news service from the London Stock Exchange ND
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