Home / Knowledge / News / Textiles / Textile Rental continues to win new accounts, Johnson Service
Textile Rental continues to win new accounts, Johnson Service
09
Sep '09
John Talbot, Executive Chairman of Johnson Service Group
John Talbot, Executive Chairman of Johnson Service Group
Johnson Service Group PLC, the textile services and facilities management Group announces its interim results for the half year ended 30 June 2009.

Overview
• Traded well in challenging market conditions
• Adjusted operating profit of £7.5 million (June 2008: £7.7 million)*
• Adjusted profit before tax of £4.8 million (June 2008: £0.4 million)**
• Adjusted earnings per share of 1.3 pence (June 2008: 0.4 pence)**
• Net debt reduced to £75.5 million (December 2008: £78.5 million)
• Stalbridge Linen returned to profit
• Johnson Cleaners has performed ahead of our expectations
• A good first half in terms of new contract wins for SGP
• Resumption of dividend payments – interim dividend of 0.25p

For Financial Summary Click here.

John Talbot, Executive Chairman of Johnson Service Group, commented:“I am pleased to report that we have traded well in the first half of the year in challenging market conditions.
Our Textile Rental division is robust and has continued to win new accounts. We are delighted that Stalbridge Linen Services has reported a small adjusted operating profit."

"The Drycleaning division has performed ahead of our expectations, despite the depressed state of the High Street, as we continue to manage costs and invest in GreenEarth stores. SGP, in the Facilities Management division has had a good first half in terms of new contract wins, although there has been no upturn from Agency or Capital projects."

"Despite the challenges of the economy both on us directly and indirectly through our customers, the Board is confident in achieving a satisfactory result for the year.”

Johnson Service Group PLC


Must ReadView All

'Sportswear is much more mainstream than earlier'

Fashion | On 20th Jul 2018

'Sportswear is much more mainstream than earlier'

The business of sportswear has evolved at a fast pace over the years. ...

Courtesy: YKK

Textiles | On 20th Jul 2018

Japanese firm YKK explores opening office in Uzbekistan

Japanese company YKK recently discussed with the Uztuqimachiliksanoat ...

HFPA alerts member firms on latest US tariff announcement

Textiles | On 20th Jul 2018

HFPA alerts member firms on latest US tariff announcement

The US Home Fashion Products Association (HFPA) has alerted its...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search