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BRIEF-Johnson Service sees results slightly ahead of market expectations
January 5, 2017 / 7:07 AM / a year ago

BRIEF-Johnson Service sees results slightly ahead of market expectations

Jan 5 (Reuters) - Johnson Service Group Plc

* Results for year from continuing textile rental business are expected to be slightly ahead of current market expectations.

* This reflects both organic growth, ahead of anticipated levels, and synergy benefits following recent acquisitions.

* Net debt to ebitda (excluding rental stock depreciation) as at 31 december 2016 is expected to be less than 2.0x, a key area of focus for management. Source text for Eikon: Further company coverage: (Reporting By UK Bureau)

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