Pre-Close Trading Statement

RNS Number : 5448I

Johnson Service Group PLC

04 July 2013

 



                                                                                                            4th July 2013    

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 2013, which are expected to be released on 3 September 2013, Johnson Service Group PLC (the 'Group') announces the following update on current trading.

Within the Textile Services division, Textile Rental has traded well in the first half of the year, benefitting from the first full year of ownership of the Cannon Textile business.  Drycleaning continues to show an improvement in the 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.

It is anticipated that net debt will have reduced to below £54.0 million at the 30 June 2013.

We will deliver a strong result for the first half of the year and expect the results for 2013 to be in line with expectations, delivering another year of good progress.

Enquiries:

 

Johnson Service Group PLC
John Talbot, Executive Chairman
Yvonne Monaghan, Finance Director
Tel: [phone]
Investec Investment Banking (NOMAD)	Newgate Threadneedle
James Rudd	Graham Herring
David Flin Cara Griffiths	John Coles
Tel: [phone]	Tel: [phone]

 

END

 

 

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