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Profits surge at JSG

'Stronger and more predictable' linen volumes are fuelling growth
September 5, 2023
  • £10mn buyback scheme announced 
  • Energy costs still weighing on margins

Laundry is not glamorous, but it is necessary. As such, Johnson Service Group (JSG), which provides linen services for the hospitality sector and rents out work uniforms, should benefit from steady sales and predictable profits. Since the pandemic and the invasion of Ukraine, however, the Aim-traded group has faced fluctuations in demand and surging costs. 

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