John Menzies

John Menzies

John Menzies shares take off after it reports first-half profits up by 46%

JOHN Menzies, the Edinburgh-based aviation and newspaper distribution group, expects full-year results to beat current market estimates after it posted a surge in first-half profits, boosted by higher cargo volumes and strong sales of World Cup 2010 stickers.

John Menzies hails trading rise and looks to beat forecast

JOHN Menzies, the Edinburgh-based aviation and newspaper distribution group, expects full-year results to come in ahead of analysts' forecasts, amid a "positive" start.

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Icelandic ash cloud fails to cast shadow over Menzies profit hopes

BROKERS yesterday upgraded their profits forecasts for John Menzies, the Edinburgh-based aviation and newspaper distribution group, despite the firm announcing that last week's volcanic ash crisis had cost its airport ground-handling division an estimated £2.5 million.

John Menzies team hails 'stellar' year

PAUL Dollman, finance director at aviation and distribution group John Menzies, yesterday claimed the "worst was behind us" as he revealed pre-tax profits had more than doubled to £22 million.

'Positive progress' as Menzies slashes debt

NEWSPAPER distributor and air freight group Menzies says its results for 2009 will be ahead of expectations, while it continues to cut its debt pile.

Shares suge for Menzies as new non-executive chairman named

NEWSPAPER distribution and aviation services firm Menzies enjoyed a share price fillip yesterday after reporting its annual results would be "well above" the market's expectation.

Menzies hails ruling that no inquiry needed on news competition

JOHN Menzies welcomed the end of a long investigation into its news distribution as the consumer watchdog decided not to order a competition inquiry.

Menzies shares soar as debt is slashed

NEWSPAPER distribution and airport ground-handling group Menzies saw its share price soar 23.8 per cent yesterday after revealing a cut in its debt burden and increased profitability.

John Menzies: News distributor is good on paper

IT WAS a bright spring day a little more than a decade ago when the board of John Menzies decided to sell its eponymous chain of book and newspaper sellers. It was an emotional decision. Retailing had been part of the business since 1833 when the first shop opened at 61 Princes Street – premises to which Charles Dickens would become a frequent visitor.

John Menzies adds 500 staff on sale of rival Dawson

LOGISTICS group John Menzies took 500 staff on to its payroll yesterday, after the news distribution business of rival Dawson was placed into administration and sold.

Watson swaps Menzies post for key role at FirstGroup

Ellis Watson is tipped to be the successor to FirstGroup's chief executive Picture: Jane Barlow

Headline-making Menzies hungry for further deals

JOHN Menzies yesterday vowed to continue mopping up key distribution contracts, after the Edinburgh-based group unveiled the latest in a string of improved multimillion-pound deals, this time with Trinity Mirror.

Menzies wields jobs axe as outbreak hits baggage work

SWINE flu in Mexico has hit trading at Menzies, the Edinburgh-based newspaper distribution and baggage handling group, forcing the firm into an "aggressive" cost-cutting programme.

Menzies snatches key contract as boss says 'cobblers to the recession'

SHARES in newspaper and magazine distributor Menzies soared yesterday after it disclosed it had captured a "significant" share of business lost by one of its main competitors.

Menzies picks pension guide

JOHN Menzies, the Edinburgh-based aviation services and distribution group, has appointed Hymans Robertson to advise its pension scheme trustees.

Menzies launches online magazine rack

VENERABLE print distribution and aviation group John Menzies has entered the digital 21st century with a new website that could become "the iTunes of the magazine industry".

Menzies nets £10m after 'strategic' exit from Peru

JOHN Menzies has announced a "strategic withdrawal" from the Peruvian aviation services market, netting itself more than £10 million in the process.

Profits take off for Menzies aviation unit

JOHN Menzies yesterday said its rapidly expanding aviation business would enjoy double-digit profit growth for the "foreseeable future" as it tapped into new markets such as India and South Africa.

John Menzies in at the Finnish

JOHN Menzies, is in advanced discussions to buy part of the ground handling services of Finnair. Northport, the ground handling subsidiary of Finland's largest and flag carrying airline said it had signed a memorandum of understanding with Menzies Aviation for its Swedish and Norwegian operations as part of a planned restructure.

Menzies eyes expansion in India and South Africa

JOHN Menzies said yesterday it could spend up to £35 million to fund an expansion in its aviation business into India and South Africa.

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