2nd Jul 2019 09:31
(Alliance News) - Textile rental firm Johnson Service Group PLC on Tuesday said it expects to beat market expectations for 2019.
This follows continued strong trading since the firm last updated the market, early in May, with organic growth "encouraging".
Planned capital investment across the business is continuing in order to increase capacity and productivity for the busy summer months. As mentioned in May, construction of our new Leeds hotel linen site remains on schedule and within budget and is expected to be operational in the second quarter of 2020," added Johnson Service.
In May, the firm reported continued growth so far in 2019 and said it would meet 2019 expectations.
Shares were up 4.3% on Tuesday morning at a price of 155.80 pence each.
Related Shares:
Johnson Service