Johnson Service Group trading slightly ahead of expectations

Textile rental provider Johnson Service Group updated the market on its trading for the six months ended 30 June on Thursday, reporting that since its update in early May, trading had continued to be “strong”.

The AIM-traded firm said it now expected results for the full financial year to be slightly ahead of current market expectations.

It said results were benefiting from both the acquisitions made in the second half of 2017, as well as from “encouraging” underlying performance.

“Planned capital investment across the business is continuing, thereby increasing our processing capacity and productivity levels,” the JSG board said in its statement.

Results for the half year were expected to be published in early September.