|Johnson Service Group
||EPS - Basic
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Johnson Service Share Discussion Threads
Showing 1801 to 1824 of 1825 messages
|Nice article in the Mail today, blowing their own trumpet a bit but nonetheless true, boring but reliable:-
|Agreed, reads well. Always nice to be ahead of expectations. Happy to hold. GLA.|
|Johnson Service Group PLC Preliminary Results is a good read|
|Ive just been reading the report today. Growth seems a good bit of terminology.i like growth.|
|Seems to be breaking out again , the trend appears friendly. NAI. Prelims to be released on the 28th February. GLA|
|Old mutual have added a further seven million plus shares since October, crossing over the 11% threshold. That's pretty keen , they must be hoovering up most of the volume .Imo , dyor .|
|Big volume breakout continues, dyor|
|Absorbing some decent sized trades.....|
|Good half year results, divi up 23%, acquisition performing better than plan and FY continues to be slightly ahead of expectations.|
|Slow and boring but it's getting near the 100p mark again helped by all that extra laundry the inbound tourists and stay at home holidaymakers are creating:)|
|Solid pre-close statement this morning, all going well and FY will be slightly ahead of expectations|
|Strange movement in this one over the last several days, not Brexit related methinks. And some massive buys today at low prices then up she goes again all very convenient. Trading update within the next few days, expect it to be decent and integration going well.
With the pound dropping, trips to the UK might increase and hotel rooms likewise, all good for the laundry business:)|
|Reckon this just might, at long last, break the £1 barrier|
|Chart gives the impression it should start to move up|
|Perhaps it was the debt increase.|
|Positive looking results today but share price suggests that the market was not impressed and closed where it opened.|
|Certainly is a nice acquisition and eliminates a main regional competitor. Those holders who bought in back in the dark days, well done.
Unfortunately I didn't.|
|A nice acquisition I think.
Johnson Service Group PLC Acquisition of Ashbon Services Limited
UK Regulatory (RNS & others)
Johnson Service (LSE:JSG)
Intraday Stock Chart
Today : Monday 30 November 2015
Click Here for more Johnson Service Charts.
RNS Number : 2838H
Johnson Service Group PLC
30 November 2015
30 November 2015
Acquisition of Ashbon Services Limited
Johnson Service Group PLC ("JSG" or "the Company"), the leading textile services group, has acquired the entire share capital of Ashbon Services Limited, a specialist linen hire and laundry business based in Lincolnshire, for a cash consideration of GBP6.25 million, on a debt free, cash free basis.
Ashbon, which serves the catering, hotel and leisure industries from its processing plant in Grantham, complements JSG's existing Stalbridge, Bourne and London Linen businesses, providing operational efficiencies and additional production capacity for the Midlands and North of England.
The acquisition is expected to be immediately earnings enhancing and follows JSG's successful acquisitions of London Linen earlier this year and Bourne in 2014. Ashbon reported revenue of GBP4.5 million for the year to 31 October 2014 and has a history of year on year revenue growth.
Chris Sander, CEO of Johnson Service Group, said:
"Ashbon is a strong business and it shares our core values of quality, reliability and service. Its 20,000 sq. ft. processing plant perfectly complements our Stalbridge, Bourne and London Linen operations, and will enable us to improve the service we offer to our customers in the Midlands and North of England. This acquisition furthers our strategy of buying businesses which can be integrated easily into the wider Johnson Service Group."|
|What can you say!!! A whole mass of automatic trades at the end of the day knocks the share price down by about 4 pence.... AIM AND MANIPULATION springs to mind!!!|
|..........which seem to include someone buying 24 million shares today, 7% of the Company.
|I've held this share since circa 2007 and it just gets better and better.......lovely results from a really stable company imo.
RNS Number : 7659X
Johnson Service Group PLC
02 September 2015
2 September 2015
Johnson Service Group PLC
Interim Results for the six months ended 30 June 2015
"Another strong performance"
Johnson Service Group PLC, the Textile Services group (the "Group"), announces its interim results for the six months ended 30 June 2015.
Continuing Operations H1 2015 H1 2014 % change FY 2014
---------------------------- ---------- ---------- --------- ----------
Revenue GBP109.2m GBP101.6m 7.5% GBP210.4m
Adjusted Operating Profit GBP11.3m GBP9.4m 20.2% GBP21.8m
Adjusted Profit Before Tax GBP10.1m GBP8.5m 18.8% GBP20.0m
Adjusted Fully Diluted EPS
(3) 2.6p 2.3p 13.0% 5.2p
Dividend 0.65p 0.50p 30.0% 1.70p
Net debt GBP72.4m GBP31.7m - GBP28.5m
* Strong performance with Adjusted Operating Profit(1)
up by 20.2% to GBP11.3 million
* Adjusted Profit Before Tax(2) increased by 18.8% to
* GBP64.9 million acquisition of London Linen Supply
Limited ("London Linen") in April 2015 which has been
immediately earnings enhancing
* Successful placing of 30.0 million new shares,
raising net proceeds of GBP21.1 million
* Textile Rental continues to perform ahead of
* Drycleaning reorganisation implemented in line with
our original cost estimate
* Net debt slightly better than management expectations
at GBP72.4 million (Pro-forma(4) December 2014:
* New Bank Facility signed in April 2015 providing
significant headroom for future investment
1 "Adjusted Operating Profit" is before charging GBP1.3 million (June 2014: GBP0.7 million; December 2014: GBP1.6 million) amortisation and impairment of intangible assets (excluding software amortisation) and exceptional items of GBP7.6 million (June 2014: GBP1.4 million; December 2014: GBP6.8 million).
2 "Adjusted Profit Before Tax" is Adjusted Operating Profit, less finance costs. Statutory Profit Before Tax was GBP1.2 million (June 2014: GBP6.4 million; December 2014: GBP11.6 million).
3 "Adjusted Fully Diluted EPS" is calculated using Adjusted Profit Before Tax and deducting the charge to, or adding the credit for, tax attributable to those items included within Adjusted Profit Before Tax.
4 Pro-forma basis after adjusting for the acquisition of London Linen (GBP64.9 million plus GBP0.8 million costs) and the equity fund raising (net proceeds GBP21.1 million). Reported net debt was GBP28.5 million.
Chris Sander, Chief Executive Officer of Johnson Service Group, commented:
"We are very pleased with the encouraging financial performance of the Group in the first half of the year, underpinned by a strong operational performance and the acquisition of London Linen. This strategic acquisition has been earnings enhancing from day one, significantly increases our capability to serve the vibrant London restaurant market and complements the range of Textile Rental services offered by our Stalbridge business. The Group continues to invest in additional capacity at existing locations and to seek further acquisitions in the wider Textile Rental market.
We expect further progress in the second half and the result for the full year to be slightly ahead of current market expectations."
A presentation for analysts will be held today at 09.30 at Investec, 2 Gresham Street, London, EC2V 7QP. A copy of the presentation will be available on the Company's website (www.jsg.com) following the meeting.|
|What a tortoise of a share. Just plods on and delivers good returns.
|2nd July 2015
Johnson Service Group PLC
Pre-Close Trading Statement
Prior to entering its close period ahead of reporting its Interim results for the six months to 30 June 2015, which are expected to be released on 2 September 2015, Johnson Service Group PLC (the 'Group') announces the following update on current trading.
We will deliver a strong result for the first half of the year and expect the full year results for 2015 to be slightly ahead of expectations.
The acquisition of the London Linen business, which was completed on 30 April 2015, is trading as expected and the integration into the wider Johnson textile business is successfully underway.
Net debt was approximately GBP73.0 million at the 30 June 2015, slightly below management's expectations following the purchase of London Linen.
Date: Thursday 02 Jul 2015
LONDON (ShareCast) - Investec held its 'buy' rating on Johnson Service Group and its target price of 100p, and said the stock was good value.
Shares in the textile firm rose 4.35% to 90p at 15:05 on Thursday, after it said it expected its interim results to be ahead of expectations.
Investec said in a note the stock continues to look good value and noted its core textile rental business was the standout performer.
"We continue to believe there are other interesting opportunities in the wider textile rental market which looks to have solid growth prospects and a likely near term boost from the forthcoming Rugby World Cup," analysts said in a note.
Investec made some small upgrades its full-year 2015 and full-year 2016 forecasts and predicted earnings per share would lift to 5.9p from 5.8p.|