Tax Repayment

RNS Number : 1885A

Johnson Service Group PLC

05 October 2009

 



5 October 2009

Johnson Service Group PLC 

Corporation Tax Repayment and Early Repayment of Bank Debt

Johnson Service Group is pleased to announce that it has received a £4.5 million Corporation Tax repayment in respect of previous years' tax liabilities.  This, together with operational cash flows, will facilitate a £10 million early repayment of term loans.  Net debt at 30 June 2009 was £75.5 million and following this repayment is currently below £70 million.

Enquiries

Johnson Service Group	01928 704 600
Yvonne Monaghan

 

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