We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

JSG.GB Johnson Service Group Plc

0.00 (0.0%)
06:55:23 - Realtime Data

Register Free for Streaming Quotes & Tools

Register for Free to get streaming quotes, interactive charts, trades, portfolio, live options flow and more.

Share Name Share Symbol Market Type Share ISIN Share Description
Johnson Service Group Plc AQSE:JSG.GB Aquis Stock Exchange Ordinary Share GB0004762810
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 135.00 110.00 160.00 135.00 135.00 135.00 0.00 06:55:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Johnson Service Group PLC AGM Statement (3477Y)

04/05/2023 7:00am

UK Regulatory (RNS & others)

Johnson Service (AQSE:JSG.GB)
Historical Stock Chart

From Mar 2023 to Sep 2023

Click Here for more Johnson Service Charts.


RNS Number : 3477Y

Johnson Service Group PLC

04 May 2023

4 May 2023


Johnson Service Group PLC

("JSG" or "the Group")

AGM Statement

JSG, a leading UK textile services provider, will be holding its Annual General Meeting today and will make the following statement:

Revenue in the first four months of the year amounted to some GBP135 million, 22.0% higher than 2022 which was still impacted by COVID-19. Organic revenue growth in the same period, which comprises both price increases and volume, was 6.4% in Workwear and 30.3% in HORECA.

Within HORECA, organic growth includes the installation of a further 7,800 new rooms in the first four months in our Hotel Linen business as volume continues to improve.

We are continuing to closely manage our cost base and have increased the proportion of the expected usage of gas and electricity that is at fixed prices to 85% and 87% respectively in the first half and 74% and 68% respectively in the second half of 2023. However, we continue to expect that energy costs will be a higher percentage of revenue in the current year as hedging benefits enjoyed in 2022 roll off and average pricing remains elevated.

The share buyback programme for up to GBP27.5 million excluding expenses announced in September 2022 ends today, in line with the current buyback authority. In addition to the GBP5.6 million deployed in 2022 a further GBP19.7 million has been deployed in 2023 bringing the total, as at close of business on 3 May 2023, to GBP25.3 million, excluding expenses. The Board will continue to review its capital allocation in line with the Group's stated policy.

Notwithstanding continuing cost pressures, we anticipate that, assuming the trading environment remains unchanged, we will report full year operating profit slightly ahead of current market expectations.


   Johnson Service Group PLC 
 Peter Egan, CEO 
 Yvonne Monaghan, CFO 
 Tel: 01928 704 600 
 Investec Investment Banking (NOMAD)   Camarco (Financial PR) 
 David Flin                            Ginny Pulbrook 
 Carlton Nelson                        Rosie Driscoll 
 Virginia Bull                         Letaba Rimell 
 Tel: 020 7597 5970                    Tel: 020 3757 4992/4981 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

May 04, 2023 02:00 ET (06:00 GMT)

1 Year Johnson Service Chart

1 Year Johnson Service Chart

1 Month Johnson Service Chart

1 Month Johnson Service Chart
Your Recent History
Johnson Se..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: gb D: 20230927 11:12:55