Textile services provider Johnson Service Group Plc (JSG.L) Friday announced that it expects sales growth in fiscal 2025 of 4.3 percent on a reported basis and 1.4 percent on an organic basis.
Further, company projects strong year on year adjusted operating profit growth, in line with current market expectations, and an improved margin heading towards the stated target for 2026 of at least 14.0 percent, reflecting tight cost control and improving efficiencies.
In its trading update for the full year ended December 31, Johnson Service said group revenue is expected to be 535.6 million pounds, higher than 513.4 million pounds last year. Revenue increased in HORECA to 390.0 million pounds from 371.2 million pounds a year ago. Workwear revenues grew to 145.6 million pounds from 142.2 million pounds in the previous year.
HORECA organic revenue growth for the year would be 1.0 percent, and Workwear organic revenue growth would be 2.4 percent amid stable volumes.
Looking ahead, the company said its Board remains confident in delivering another year of progress in 2026, and that it remains on track towards achieving targeted margin of at least 14.0 percent in 2026.
The company plans to release fiscal 2025 results in early March 2026.
In London, Johnson Service shares were trading at 0.28 percent, trading at 141.40 pence.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.