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Johnson Service Group Reports Revenue Growth and Strategic Developments

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Johnson Service Group Reports Revenue Growth and Strategic Developments

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Johnson Service ( (GB:JSG) ) just unveiled an announcement.

Johnson Service Group PLC reported a 6.1% increase in group revenue for the first quarter of 2025, with organic growth in both the HORECA and workwear sectors. The company successfully transitioned a third of its planned customers to its new Crawley site, aligning with their project timeline. The company anticipates a peak in bank debt mid-year due to dividend payments and share buybacks but expects it to stabilize by year-end. Johnson Service Group is engaging with major shareholders about a potential move to the Main Market and remains optimistic about its growth prospects, aiming for an improved operating profit margin by 2026.

Spark’s Take on GB:JSG Stock

According to Spark, TipRanks’ AI Analyst, GB:JSG is a Outperform.

Johnson Service Group shows robust financial performance and strategic initiatives like share buybacks, which bolster shareholder value. While valuation is attractive, technical indicators suggest caution due to potential downward trends. Continued focus on improving net profit margins and managing debt is essential for future growth.

To see Spark’s full report on GB:JSG stock, click here.

More about Johnson Service

Johnson Service Group PLC is a leading textile services provider operating in the UK and the Republic of Ireland. The company focuses on providing services to the hospitality, restaurant, and catering (HORECA) sectors, as well as workwear solutions.

YTD Price Performance: 0.96%

Average Trading Volume: 944,485

Technical Sentiment Signal: Sell

Current Market Cap: £552.4M

See more data about JSG stock on TipRanks’ Stock Analysis page.

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