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IN BRIEF: John Menzies Backs Aviation Industry After Tough 2020

12th Jan 2021 11:21

John Menzies PLC - aviation services firm with headquarters in Edinburgh - Says trading has continued in line with expectations, despite "volatile and challenging" market. Says revenue in 2020 was down 37% from GBP1.33 billion in 2019. "We continue to believe market conditions will remain challenging through the early part of 2021, and this is reflected in the group's operational and financial assumptions," John Menzies says. "Overall, the board remains confident in the medium and long-term growth potential of the aviation services market."

Current stock price: 244.50 pence, up 4.3% on Tuesday

Year-to-date change: down 6.7%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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