2006 Interim Results
Wed, 13 Sep 2006
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Johnson Service Group PLC, the textile related services and facilities management group announces its interim results for the half year ended 30 June 2006.
Results Summary
- The Rental division achieved good sales growth but higher operating costs affecting margins
- Corporatewear achieved significant new business wins though activity remains biased to second half
- Facilities Management trading well and benefiting from successful SGP acquisition
- Drycleaning responding to cost reductions and branch rationalisation
- £26.5m sale and leaseback of Drycleaning properties completed
- Potential disposal of Drycleaning division advancing through auction process