19-Mar-2021 09:20 AM
Textiles company Johnson Service swung to an annual loss as revenue was hurt by the pandemic impact to its horeca business as demand for textiles fell from the hospitality sector.
For the year ended 31 December, pre-tax losses were £32.3 millio
12-Jan-2021 08:42 AM
UK textile services provider Johnson Service said it performance continued to impact of restrictions and lockdowns on its hotel, restaurant and catering division.
The company said it expects the adjusted EBITDA margin for the full year to be 'slig
17-Nov-2020 09:53 AM
UK textile services group Johnson Service said volumes in its hotel, restaurant and catering, or HORECA, business had been impacted by the second national UK lockdown.
Volumes in HORECA reduced in October, particularly in the high-volume hotel linen pla
03-Sep-2020 12:40 PM
Barclays Capital today reaffirms its overweight investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 175p (from 165p).
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02-Sep-2020 08:06 AM
Workwear and textile company Johnson Service said it would not pay a dividend this year after swinging to a first-half loss as the pandemic forced the closure of its workwear, hotel restaurant and catering sites.
For the six months ended 30 June, the co
02-Jun-2020 12:00 PM
Barclays Capital today reaffirms its overweight investment rating on Johnson Service Group PLC (LON:JSG) and cut its price target to 165p (from 175p).
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29-May-2020 07:58 AM
Textile services provider Johnson Service detailed plans to raise about £85m through a discounted share placing.
The company also said it continued to see a 'significant' amount of disruption across its markets owing to the Covid-19 pand
05-May-2020 01:27 PM
Workwear and laundry services provider Johnson Service said it was continuing to see significant disruption across its markets, prompting it to furlough staff and agree a covenant waiver with its lenders.
Organic growth within the company's workwear
25-Mar-2020 11:00 AM
HSBC today downgrades its investment rating on Johnson Service Group PLC (LON:JSG) to hold (from buy) and cut its price target to 100p (from 230p).
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20-Mar-2020 02:52 PM
Textile rental and cleaning group Johnson Service scrapped its dividend and said it was talking to its banks about credit, as the Covid-19 outbreak hurts demand from hospitality customers.
The company had planned to pay a final dividend for 2019 of 2.35p
02-Mar-2020 10:30 AM
Peel Hunt today reaffirms its add investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 220p (from 196p).
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02-Mar-2020 07:53 AM
Textiles company Johnson Service reported a rise in profit as revenue was boosted by recent acquisitions.
For the 12 months ended 31 December, pre-tax profit rose 15.1% to £42.7m and revenue increased 9.2% to £350.6m.
The company attributed
06-Jan-2020 10:10 AM
Barclays Capital today reaffirms its overweight investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 220p (from 210p).
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03-Jan-2020 08:33 AM
UK textile services provider Johnson Service has announced its £10m investment plan in a new high volume linen plant in Leeds remains on target for opening in the Spring of 2020 and that it expects full-year results slightly ahead of expectations.
02-Dec-2019 08:00 AM
Peel Hunt today initiates coverage of Johnson Service Group PLC (LON:JSG) with a add investment rating and price target of 196p.
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04-Sep-2019 11:40 AM
Barclays Capital today reaffirms its overweight investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 210p (from 205p).
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03-Sep-2019 09:27 AM
Johnson Service said full-year results would be 'slightly ahead' of current expectations following 'encouraging' performance over the summer months.
For the six months ended 30 June, pre-tax profit rose 8.6% to £33.1m and reven
05-Jul-2019 12:00 PM
HSBC today reaffirms its buy investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 180p (from 148p).
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02-Jul-2019 09:45 AM
Textiles company Johnson Services Group said it expected full-year results to be 'slightly ahead' of current market expectations as trading had continued to be strong since its update in May.
Following the update in early May, trading had &apo
08-May-2019 09:45 AM
Textile services provider Johnson Services Group said it expected to deliver results in line with current market expectations amid ongoing growth at its Workwear and Horeca divisions.
'Following a year of continued growth, the performance of both
04-Mar-2019 07:59 AM
Johnson Service Group on Monday posted an uptick in profits as revenues were by acquisitions.
For the year ended 31 December, profit before tax rose 6.1% to £33.1m and revenue climbed 10.4% to £321.1m.
The 'strong' financial perf
12-Feb-2019 03:00 PM
HSBC today initiates coverage of Johnson Service Group PLC (LON:JSG) with a buy investment rating and price target of 148p.
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04-Jan-2019 07:53 AM
Textile rental provider Johnson Service Group said Friday it expected full-year results in line with market expectations as growth continued during the first half of the year.
The company touted optimism within its high volume linen business confirming
04-Sep-2018 02:22 PM
Rental, cleaning and care provider Johnson Service Group posted an 8% rise in first-half profit and said it expected its full-year result to be slightly ahead of market expectations.
For the six months through June, pre-tax profit rose to £14.0m, a
01-Mar-2018 09:50 AM
RBC Capital Markets today reaffirms its outperform investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 180p (from 175p).
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