Johnson Service Group looks cheap for the quality of the business
The firm has set itself an ambitious margin target and is buying back shares

Johnson Service Group (JSG) 152p Market cap: £600 million We have talked in recent issues about companies with durable competitive advantages, or ‘moats’ as Warren Buffett calls them. One such business is textile and workwear rental firm Johnson Service Group (JSG) , which thanks to its national presence and high levels of service has built a loyal customer base with a strong retention rate. Having recently completed its move...
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