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TRADING UPDATES: Johnson Service achieves rise in quarterly revenue

4th May 2023 14:44

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Howden Joinery Group PLC - London-based kitchen and joinery supplier - Intends to pay a final dividend of 15.0 pence per share for 2022, down from 15.2p a year prior. This brings its total dividend for 2022 to 20.6 pence per share, up 5.6% from 19.5p a year prior.

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Johnson Service Group PLC - Cheshire, England-based textile services firm - Says revenue in the first four months of 2023 amounts to about GBP135 million, up 22% year-on-year. Notes organic revenue growth in the period, comprising both price increases and volume. Looking ahead, expects energy costs to be a higher percentage of revenue in 2023 as "hedging benefits enjoyed in 2022 roll off and average pricing remains elevated". Adds that it expects full year operating profit to be slightly ahead of current market expectations. In 2022, operating profit was GBP33.3 million.

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Crimson Tide PLC - Kent-based software developer - Gets a further contract with the NHS, adding Internet of Things sensors. Recently, it won a contract with an NHS trust to implement its mpro5 smart app solution. Says the contract win today will enable one of mpro5's key differentiators, sensor driven actions, to facilitate "more effective use of staff and facilities within the trust". This additional thirty six month contract of about GBP300,000 takes the full contract value to over GBP500,000 over a three year term.

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Zytronic PLC - Tyne & Wear, England-based touch sensors manufacturer - Expects to report revenue for the half-year of financial 2023, ending on September 30, of about GBP4.7 million, and full-year revenue between GBP8.0 million and GBP8.8 million. For financial 2022, revenue was GBP12.3 million. Says trading conditions to the end of April continue to be impacted by headwinds. It is now experiencing "turmoil" in its Gaming market.

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Personal Group Holdings PLC - Milton Keynes-based employee benefits and services provider - Says it has entered 2023 on the "front foot", noting a "positive start" to trading. Says the strong performance in insurance sales seen in the last quarter of 2022 has continued into the first quarter of 2023. Remains on track for full-year expectations.

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By Xindi Wei, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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