Johnson Service Group expects FY results in line with forecasts

24th Nov 2021 10:41

(Sharecast News) - Textile services provider Johnson Service Group said on Wednesday that it had continued to trade in line with internal expectations since the publication of its interim results in September, with the firm now expecting to report full-year results in line with forecasts.

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Johnson Service confident in outlook despite tougher first half

1st Sep 2021 08:34

(Sharecast News) - Textile services provider Johnson Service Group reported total revenue of £99.6m in its first half on Wednesday, down from £114.8m year-on-year, as the board described its markets as improving.

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Johnson Service experiences 'steeper than expected' increase in demand

15th Jul 2021 09:55

(Sharecast News) - Textile services provider Johnson Service Group said on Thursday that trading had continued to improve since its last update, but cautioned that maintaining its "normal high service levels" had been a challenge as volumes scaled up rapidly.

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Johnson Service Group confident in hospitality sector recovery

5th May 2021 09:16

(Sharecast News) - Textile services provider Johnson Service Group said on Wednesday that trading in the first four months of the year was still being impacted by lockdown restrictions, although it was now beginning to see an increase in demand as restrictions were starting to ease.

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Monday broker round-up

22nd Mar 2021 13:40

(Sharecast News) - Fevertree: Numis upgrades to buy with a target price of 2,800p.

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Johnson Service 'primed' for lockdown easing after weaker 2020

19th Mar 2021 09:13

(Sharecast News) - Johnson Service Group reported total revenue for 2020 of £229.8m on Friday, falling from £350.6m year-on-year.

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Johnson Service Group still feeling impact of lockdowns

12th Jan 2021 12:37

(Sharecast News) - Textile services provider Johnson Service Group updated the market on its trading in 2020 on Tuesday, reporting that since its last update in November, it was still being impacted by the various lockdowns and tiered Covid-19 restrictions across the UK, particularly in its hotel, restaurant and catering division.

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Jock Fyfe Lennox to step into chairman role at Johnson Service

5th Jan 2021 11:10

(Sharecast News) - Johnson Service Group said on Tuesday that chairman Bill Shannon had advised of his intention to retire from the board at the end of its annual general meeting in May.

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Johnson Service to axe 1,500 jobs as lockdowns batter hospitality sector

17th Nov 2020 10:39

(Sharecast News) - Workwear manufacturer Johnson Service Group is to cut more than 1,500 jobs after the Covid-19 pandemic caused volumes to slump.

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Barclays raises target price on Johnson Service Group

3rd Sep 2020 13:36

(Sharecast News) - Analysts at Barclays raised their target price on textile rental and workwear group Johnson Service Group to 175.0p on Thursday, labelling the firm more of an "iceberg" than a value trap.

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Johnson Service Group sees markets recovering after tough first half

2nd Sep 2020 08:50

(Sharecast News) - Johnson Service Group described an "encouraging" start to the year in its interim results on Wednesday, as total revenue fell to £114.8m from £167.1m.

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Johnson Service to raise £85m in placing to weather Covid disruption

29th May 2020 07:51

(Sharecast News) - Textile services provider Johnson Service Group said on Friday that it plans to raise around £85m in a placing to improve its liquidity position and strengthen its balance sheet amid disruption from the Covid-19 pandemic.

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Sales tumble 97% at Johnson Service Group

5th May 2020 07:37

(Sharecast News) - Sales collapsed at Johnson Service Group last month, after Covid-19 and subsequent lockdown measures caused clients across its markets to temporarily close.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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Johnson Service Group upbeat on 'strong' 2019 performance

2nd Mar 2020 12:09

(Sharecast News) - Johnson Service Group reported "consistent, strong" financial performance in its preliminary results on Monday, as its revenue rose 9.2% on an adjusted basis to ?350.6m for 2019.

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