Johnson Service Group has reported a "resilient sales performance" in the year to 31 December and expects its revenue to increase by 4.3% year-on-year to £535.6m.

The textiles services firm said that revenue in its HORECA division is set to jump 5% to £390m, while its workwear division’s revenue is expected to rise by 2.3% to £145.6m.

Johnson Service Group stated that tight cost control and improving efficiency have resulted in strong year-on-year adjusted operating profit growth, which falls in line with current market expectations, and an improved margin heading towards it 14% for 2026.

However, in this time, its net debt jumped by 63% year-on-year to £112m.

Despite this, Johnson Service Group announced that it has completed its £25m share buyback scheme and has returned £90.3m to shareholders since 2022.

In its trading update, the textiles firm said: "We have a strong business which, as we have previously demonstrated, is well placed to benefit from opportunities as they arise.

"Accordingly, and notwithstanding the ongoing uncertain economic outlook, the board remains confident in delivering another year of progress in 2026 and we remain on track towards achieving our targeted margin of at least 14% in 2026."

Johnson Service Group expects to announce its full-year results in early March.

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