2nd Jul 2015 06:55
LONDON (Alliance News) - Johnson Service Group PLC Thursday said that it will deliver "a strong result" for the first half of 2015 and expects full-year results to be slightly ahead of expectations.
Johnson, which provides textile-related services, said that its recent acquisition of the London Linen business is trading as expected, and the integration into the wider Johnson textile business is "successfully underway".
Net debt at the end of the first half was approximately GBP73 million, the company said, which was slightly below management's expectations following the purchase of London Linen.
Johnson will publish its results for the six months to June 30 on September 2.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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