Posts in LSE:JSG

Broker Forecast - RBC Capital Markets issues a broker note on Johnson Service Group PLC

RBC Capital Markets today reaffirms its outperform investment rating on Johnson Service Group PLC (LON:JSG) and raised its price target to 180p (from 175p).

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Should you buy this monster growth stock and unloved dividend bargain?

Inchcape (LSE:INCH) published its final results today and the market can't quite get the measure of them, with the share price down 2.71% at time of writing. The car retailer has been touted as an attractive dividend play, but is it on the road to nowhere?

2 multi-bagging growth stocks I’d hold onto for 2018

Today I'm looking at two stocks that have both risen by at least 260% over the last five years. Is there still more to come, or should investors consider taking profits?

A clean sheet

Workwear and textile rental group Johnson Service Group (LSE:JSG) provides clothing, bedding and table linen for a range of businesses. The group said today that after a strong second half last year, its 2017 results are expected to be "slightly ahead of management expectations".

JSG ahead of forecasts after strong H2

Johnson Service Group expects full year results to be slightly ahead of management forecasts after it continued to trade well in the second half.

The group said the board had previously communicated its focus on considering further opportunities to develop the business and confirmed that it had completed the acquisition of StarCounty Textile Services on 11 Dec for a total cash consideration of £3.9m, on a debt free, cash free basis, including a freehold site valued at £0.9m.

JSG update on chief executive succession

Johnson Service Group has appointed Peter Egan, currently managing director of its Apparelmaster workwear business, to the board as chief operating officer ahead of assuming the role of chief executive.

His transition to COO will take effect from 1 Apr, allowing time for him to handover his current responsibilities.

Here’s my top stock to buy during September

I think the UK's largest textile rental company, Johnson Service Group (LSE:JSG), is an interesting investment proposition right now.

2 stocks that could make you rich

International veterinary drugs firm Dechra Pharmaceuticals (LSE:DPH) has undoubtedly been one of the stock market's great success stories over the past decade or so. Rapid growth and worldwide expansion have transformed the Northwich-based firm into a global business now valued at more than £1.8bn.

FTSE drifts as North Korean nuclear test fails to scare investors

The FTSE 100 drifted a few points lower to 7,428 as investors remained relatively calm following the nuclear test by North Korea over the weekend.

Gold gained 0.8% to to $1,335 per ounce, which helped to boost shares in miners Fresnillo (FRES) and Randgold Resources (RRS) by 2% each.

Brent crude oil dipped 0.8% to $52.33 per barrel, while copper climbed 1% to $6,900 per tonne.

JSG revenues and profits up after strong H1

Johnson Service Group saw double-digit increases in revenues and profits following another strong performance in the six months to the end of June and separately announced that chief executive Chris Sander would step down in 2018 after 33 years with the group.

The group said the strong financial performance reflected both strong organic growth of 4.8% together with the benefits of recent acquisitions.

Continuing revenue increased by 19.3% to £138.0 million (June 2016: £115.7 million).

This shock growth stock returned over 120% in the past year

While other construction companies have suffered profit warnings and sinking share prices due to worries about the health of the domestic economy, Morgan Sindall (LSE:MGNS) has been off to the races over the past year with its share price rocketing more than 120% during that time.

The company's secret has been its diversified business model that offers not just the usual construction and infrastructure services, but also higher margin services such as fitting-out offices, maintaining properties and partnering with councils to build and redevelop housing stock.