UK Cheshire-based JSG 2018 results: financially strong and focused on organic growth

The latest results from Johnson Services Group (JSG) issued in March highlighted ‘another consistent and strong financial performance’ for the year ending 31 December 2018.

The report shows that operating profits were up by 6.2 per cent to £46m and revenues were up by more than 10 per cent to £321.4m. The company said its strong financial performance reflects organic revenue growth of 7.8 per cent and contribution from acquisitions. Their plans for a new high-volume linen plant in Leeds are on track for Spring 2020.

Peter Egan, the company’s CEO since 1 January 2019: “Our strategy of driving the quality of growth organically by investing capital in our operations, coupled with selective acquisitions, has delivered another strong year of substantial growth. We are continuing to focus on growing the business through targeted investment in our current sites, developing new capacity where market opportunities have been identified and expanding geographical coverage through acquisition. The combination of these three strands allow us the platform to continue to provide an excellent service to our customer base. We remain confident in the year ahead.”