27th Jul 2021 13:51
John Menzies PLC - Edinburgh-based aviation services provider - Says continues to trade "ahead of current market expectations", though notes some variation across units. Ground services in Europe "particularly weak" but trading is promising elsewhere, and John Menzies hails "new business gains". Adds: "Commercially, the first six months of the year has been very strong and significantly ahead of last year. In May, we commenced a new air cargo services contract for Avianca Airlines in Miami, USA, which is the largest single air cargo services contract the group has ever secured. Operations have started very well, and we are delivering enhanced service levels to our customer."
Current stock price: 322.33 pence
Year-to-date change: up 23%
By Eric Cunha; [email protected]
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