Company
Johnson Service Group plc
LON:JSG
Johnson Service Group PLC, and its subsidiaries, provides a range of managed services, operating in two principal areas: textile related services and facilities management. Its segments comprise Textile Rental Services, which is engaged in the field of work wear rental and laundering, and in linen for the hotel, catering and corporate hospitality markets; Drycleaning, which is engaged is a drycleaner, with over 520 stores nationwide provides drycleaning, laundry and ironing services, carpet cleaning, upholstery cleaning, wedding dress cleaning and suede and leather cleaning and the supply of drycleaning consumables, and Facilities Management, which is engaged delivering building, facilities and property management services to public, commercial and retail organizations. On March 19, 2008, the Company announced the disposal of certain assets of its CCM garment sourcing business. Johnson Service Group is traded in the ISDX Exchange HERE
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Johnson Service cheers UK staycation boom
Hospitality volumes recovered to 70% in June and 80% in August
Johnson Service Group shares dip as it swings to a loss
The textile rental and workwear firm highlighted a “dramatic impact” of the pandemic on its results, particularly its Hotels, Restaurants and Catering division as a number of sites were mothballed due to fluctuating consumer demand
Johnson Service looks to minimise potential job cuts amid foggy outlook for hospitality customers
Volumes in the HORECA (Hotels, Restaurants and Catering) division rose to 25% of typical levels in July and to 45% in August after a phased reopening
Johnson Service to raise £85mln via a placing as linen rental revenues slump 97%
The placing has been priced at 115p a share and will be carried out through an accelerated bookbuild
Johnson Service hit by hospitality collapse in pandemic, but food industry demand increases
Revenue in April fell 97% in the hotel, restaurant and catering division, after demand for table linen evaporated due to coronavirus
Johnson Service in cash preservation mode as restaurants and hotels suffer
Capital expenditure has been scaled back and all non-essential revenue expenditure stopped
Johnson Service rallies as it bumps up divi, confident on 2020
The textile company has been expanding through acquisitions and is confident on future performance
Johnson Service says full year to be “slightly ahead” of expectations; completes acquisition
The company acquired Fresh Linen Holdings Limited for £12.5mln and said a new plant in Leeds will open in the spring
Investments and investor services
FTSE 100 finishes ahead on US-China optimism; Rightmove top gainer
The UK blue-chip benchmark finished around 27 points higher at 7,134
Johnson Service Group expects full-year results to meet market forecasts
The group said it continued to trade well as it completed a £3.3mln investment in its Stalbridge Linen unit and confirmed it was opening a new laundry
Investments and investor services
FTSE 100 finishes 144 points higher as US stocks surge after jobs report
It comes after a very strong jobs report from the US for December, which sent the dollar higher and US stocks skyward
Archive
US set for best year of job creation since 2015, says analyst ahead of non-farm payrolls report
The US non-farm payroll report is expected to show employers added 180,000 jobs in December
Archive
High street updates, US jobs, UK PMIs to provide focus after New Year holidays
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
Archive
High street updates, US jobs, UK PMIs to provide focus after New Year holidays
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
FTSE 100 closes in red as BoE governor Carney could stay on and WPP plunges
Economists at ING said the August manufacturing data suggests “US business is weathering the protectionist storm for now"