Shares of Runcorn-based workwear and textile firm Johnson Service Group (JSG) rose about 10% on Tuesday after it announced a further share buyback and said adjusted profit before taxation increased 15.8% to £24.9 million in the six months ended June 30, 2025, and revenue rose 5.5% to £257.5 million.

Interim dividend rises 23.1% to 1.6p.

Johnson Service Group said its £30 million share buyback was completed, bringing the total amount returned to shareholders through buybacks since 2022 to £65.3 million.

The Runcorn company said a further share buyback of up to £25 million will be launched shortly.

Johnson Service Group CEO Peter Egan said: “I am pleased to report that we have delivered further progress in the first half of 2025. 

“Our continued focus on operational excellence and margin improvement has positioned us well to achieve our target of at least a 14.0% adjusted operating profit margin in 2026 and we are on track to meet full year adjusted operating profit in line with market expectations.

“Our successful admission to the Main Market on 1 August 2025 marks a significant milestone in our growth journey, reflecting the strength and maturity of our business. 

“With robust cash generation, we continue to have a disciplined approach to capital allocation and focus on delivering value to shareholders by driving efficiencies through ongoing investment across the estate and seeking out complementary acquisition opportunities. 

“In addition, we are today announcing our intention to launch a further £25.0 million share buyback programme, having completed the £30.0 million share buyback announced in March 2025.”