Johnson Service Group reported a resilient first-half performance, with revenue broadly flat but profit margins and earnings per share rising as the textile services provider offset softer hospitality volumes through pricing, operational efficiencies, and cost management. Group revenue increased 0.2% to £258 million, while adjusted operating profit rose 3.8% to £29.8 million, and the margin improved to 11.6%. Earnings per share climbed 8.7% to 5 pence. Within the group, Workwear organic revenue grew 2.6%, while HORECA organic revenue fell 2% as hospitality customers reduced volumes, yet both divisions improved operating margins, and the company added more than £5 million of annualized HORECA contracts. Management remains on track for another year of progress and its 2026 adjusted operating margin target of at least 14%. The interim dividend rose 12.5% to 1.8 pence per share, while the £55 million buyback was more than half complete by the end of August.
Johnson Service Group PlcH1 profit rose, EPS up 8.7%, dividend increased, and margin target reaffirmed.
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