Information  X 
Enter a valid email address

Johnson Service expects results 'slightly ahead' of expectations amid 'encouraging' summer performan

By BFN News | 09:27 AM | Tuesday 03 September, 2019

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 revenue £167.1m. The company attributed the growth to the South West Laundry acquisition completed in August 2018, together with the benefit of acquiring a number of contracts in January 2019. The interim dividend was increased by 15.0% to 1.15p a share. 'There is good momentum in the group and we have started the second half strongly. In view of the encouraging performance over the summer months we anticipate that the results for the year will be slightly ahead of current expectations,' the company said. At 9:27am: (LON:JSG) Johnson Service Group PLC share price was +0.7p at 164.1p Story provided by

a d v e r t i s e m e n t