Johnson Service Group PLC AGM Statement (0574E)
04 May 2017 - 4:00PM
UK Regulatory
TIDMJSG
RNS Number : 0574E
Johnson Service Group PLC
04 May 2017
4 May 2017
AIM: JSG
Johnson Service Group plc
("JSG" or "the Group")
AGM Statement
JSG, a leading UK textile rental provider, will be holding its
Annual General Meeting today and Chairman, Paul Moody, will make
the following statement:
"Following strong results in 2016, trading in the first quarter
of 2017 is progressing well and the Group remains on track to
deliver management expectations for the year.
"Our GBP4.5m investment at London Linen's Southall plant, which
started in August 2016, has recently been completed, and we have
also finished a GBP3.5m refit at our Chester plant. These
investments provide us with additional capacity in two
strategically important locations and will also improve
productivity at both sites.
"With the disposal of the retail drycleaning operations in early
January, the Group is now wholly focused on the further expansion
of its textile rental activities and the Board views prospects for
the Group's ongoing development very positively."
Enquiries:
Johnson Service Group PLC
Chris Sander, CEO
Yvonne Monaghan, CFO
Tel: 01928 704600
Investec Investment Banking (NOMAD) KTZ Communications (Financial PR)
David Flin Katie Tzouliadis
Matt Lewis Emma Pearson
Darren Vickers
Tel: 020 7597 4000 Tel: 020 3178 6378
About Johnson Service Group PLC
www.jsg.com
Headquartered in Preston Brook, Cheshire, JSG provides textile
rental and related services across the UK.
Through its Apparelmaster brand, JSG is the leading supplier of
workwear and protective wear in the UK, clothing over 1.3 million
people a week. Through its Stalbridge, London Linen, Bourne and
Afonwen brands, the Group also provides premium linen services for
the hotel, catering and hospitality markets, and high volume hotel
linen services, processing approximately 8 million items a
week.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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