Latest News

Johnson Service Group Plc announces its interim results

18/09/09

Johnson Service Group PLC, the textile services and facilities management Group announces its interim results for the half year ended 30 June 2009.

In an accompanying statement, John Talbot announced that Johnson Cleaners has performed ahead of our expectations for the first half of 2009, despite the depressed state of the High Street and market place in general.

Management identified at an early stage that market conditions would be extremely tough in the first half of the year and that there would be a decline in consumer spending. As such, appropriate cost control measures were instigated in November 2008, which resulted in a significant reduction in weekly operating costs compared to the running level at that time.

These controls will continue to have a positive impact on the cost base going forward although we do anticipate a small increase in costs in line with volume and more normal levels of maintenance expenditure.

The conversion to GreenEarth® Cleaning within our branches has moved at pace with 36 new machine installations in the first half of the year and a further 20 planned in the second half giving an expected 309 machines in place by the end of the year. The active promotion of our environmentally friendly cleaning process (Green Evolution) in 2009 has gathered momentum with some 50 branches now refurbished and displaying our green credentials. The figure is expected to rise to 90 by the year end, and, including new store openings, will result in excess of 20% of the estate having been ‘Green Evolutionised’. The performance of these branches continues to be in excess of the core estate and consumer feedback is very positive.

At the beginning of 2009 we introduced our Executive Service through a 50 store trial with encouraging results. The Service is now offered in the entirety of the estate and continues to show double digit growth along with the three other services, laundry, ironing and key cutting, introduced in 2008.

The importance of our Priority Club members has been ever more evident in 2009 and plans are being developed to improve our communications to our 500,000+ members through our new website as the year progresses.

For a full group interim statement, please visit www.johnsonplc.com

Index