UK
Johnson Service Group (JSG) has announced that it expects to deliver another strong result for the first half of the year reflecting both an encouraging underlying performance together with the benefit of acquisitions over the last twelve months.
The company expects full year results for 2016 to be slightly ahead of expectations.
In its pre-close trading statement issued on 5 July, the company said that the recent acquisitions of Zip, Afonwen and Chester are trading as expected and the integration into the wider textile rental business is successfully underway.
Net debt at 30 June 2016 was slightly lower than management’s expectations, following the purchase of Zip, Afonwen and Chester.
