Johnson Service Group plc announce an increased interim dividend of 1.8 pence per share (June 2025: 1.6 pence per share) will be paid on 6 November 2026 to those Shareholders on the register of members on 9 October 2026. The ex-dividend date is 8 October 2026. The increased dividend maintains our full year dividend cover of 2.5 times and is in line with our stated capital allocation policy.
Other financial highlights include:
- Group revenue in line with prior year; organic revenue softened slightly to (0.7%) (Workwear: 2.6%; HORECA: (2.0%)).
- Group adjusted operating profit margin progression (+50 bps) reflects their continuing strong focus on operational efficiencies and disciplined cost management.
- Revenue for Workwear increased by 2.6% to £74.0 million (June 2025: £72.1 million) and adjusted operating profit increased by 5.8% to £11.0 million (June 2025: £10.4 million), resulting in an improved margin of 14.9% (June 2025: 14.4%).
- HORECA revenue decreased by (0.8%) to £184.0 million (June 2025: £185.4 million), whilst adjusted operating profit increased by 4.0% to £23.4 million (June 2025: £22.5 million), reflecting an improved margin of 12.7% (June 2025: 12.1%).
- £55.0 million share buyback programme, launched in May 2026, is progressing well, with £28.2 million, representing approximately 51% of the programme, completed as at 31 August 2026.
- Net debt (excluding IFRS 16 liabilities) at 30 June 2026 was £135.9 million (December 2025: £112.4 million) and net debt was £188.6 million (December 2025: £159.2 million).
- Leverage of 1.11x (December 2025: 0.95x) was towards the lower end of the Group’s target range of 1.0x – 1.5x.
