Revenues have risen by a tenth to more than £234m at Cheshire-based textile services provider Johnson Service Group during a year in which it completed the restructuring of its dry-cleaning division and successfully completed two major strategic acquisitions.

Johnson Service Group, which is headquartered in Preston Brook, has posted revenues of £234.4m in the 2015 calendar year, up by 11 per cent on a year earlier. The company reported that its textile rental arm performed ahead of management expectations with high levels of customer retention and total revenues climbing by 21 per cent to £188.2m, while its dry-cleaning arm saw total revenue drop by 17 per cent to £46.2m reflecting the reduced number of branches in its portfolio.

In January 2015, Johnson Service Group announced a branch reorganisation programme, which was completed to schedule with the closure of 101 branches. The total cost of the programme was budgeted at £6.5m and the company told investors that overall costs were in line with this budget.

Meanwhile, the group has revealed that it generated pre-tax profits of £12.7m in 2015, up by 10 per cent on a year earlier. And adjusted pre-tax profits rose by 26 per cent to £25.2m over the same period.

During the year, Johnson Service Group bolstered its offering with the acquisitions of London Linen and Ashbon. The group said that both transactions were successfully completed and immediately earnings enhancing.

Chris Sander, chief executive of Johnson Service Group, said: "Our business sustained strong growth momentum in 2015, as demonstrated by the increase in revenue and adjusted profit before tax.

"The acquisitions of London Linen and Ashbon have successfully increased our reach and capability in the key hotel, restaurant and catering market. The group remains focused on ensuring the best possible service for our customers and sustainable returns for our shareholders.

"We are well-placed to continue our growth both organically and through earnings-enhancing acquisitions.''

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