Johnson Service Group PLC Pre-close Trading Update (0991E)
02 July 2019 - 4:00PM
UK Regulatory
TIDMJSG
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: 01928 704600
Investec Investment Banking (NOMAD) Camarco (Financial PR)
David Flin Ginny Pulbrook
Carlton Nelson Ben Woodford
Darren Vickers Oliver Head
Tel: 020 7597 4000 Tel: 020 3757 4992
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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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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