Corporation Tax Repayment and Early Repayment of Bank Debt
Mon, 5 Oct 2009
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5 October 2009
Johnson Service Group PLC
Corporation Tax Repayment and Early Repayment of Bank Debt
Johnson Service Group is pleased to announce that it has received a £4.5 million Corporation Tax repayment in respect of previous years’ tax liabilities. This, together with operational cash flows, will facilitate a £10 million early repayment of term loans. Net debt at 30 June 2009 was £75.5 million and following this repayment is currently below £70 million.
Enquiries
Johnson Service Group 01928 704 600
Yvonne Monaghan