12 January 2021 - trading update

Textile services provider Johnson Service Group has announced a trading update for the year ended 31 December 2020 ahead of the full year results announcement in March.  Trading since the company's last update on 17 November has continued to be impacted by the various lockdowns and restrictions, particularly in the Hotel, Restaurant and Catering (HORECA) division.  However, EBITDA margin for the full year is set to be slightly ahead of that achieved in the first half.  Net cash (excluding IFRS 16 liabilities) was £6.0m as at 31 December 2020.  There is an ongoing . . .

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