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Energy costs prolong recovery for Johnson Service

Margins and volumes are nearly back to normal – but inflation is difficult to contain
March 7, 2023
  • Q4 volumes almost back to normal in hotels and restaurants
  • Net debt reduction of nearly 40 per cent

Johnson Service Group (JSG), the textile rental and services specialist, has picked up the threads of its business after a few years of stagnation. The firm’s statutory operating profit rose to £33.3mn in FY 2022 – up from only £8.4mn the year before. 

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