Johnson Service Group continuing to reduce debt

JOHNSON Service Group, the Preston Brook-based firm which includes Prescot’s Johnson dry cleaning business, will update shareholders on progress at its annual meeting this afternoon.

Chairman John Talbot will tell them: “The group overall has traded in line with management’s expectations during the first four months of the year and has continued to reduce net debt.

“We remain confident in achieving a satisfactory overall result for the full year 2011 and, despite the continuing harsh economic environment, we feel positive about the prospects for the group.”

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