Menzies confident about full-year outlook
Analysts expect the Edinburgh-based baggage handler and newspaper distributor to post a pre-tax profit of around £58 million for the full year, up from £48.5m in 2011.
In its last trading update in May, the group said its aviation division had been boosted by a five-year contract with British Airways to handle luggage for flights out of Edinburgh, Glasgow and Manchester.
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Hide AdIts distribution business, which delivers newspapers and other printed material, saw “disappointing” sales of weekly magazines, although newspaper revenues continued to be positive, driven by cover price growth.