John Menzies see 20pc growth

Newspaper distribution and aviation services firm John Menzies said it was on track to deliver more than 20 per cent growth in full-year pre-tax profit citing higher contract wins in the aviation division. John Menzies, which provides passenger handling services to Lufthansa, Emirates and easyJet, said it was trading in line with expectations in the four months ended 31 October. The Scotland-based company’s aviation unit reported a 12 per cent rise in revenue for the period. This was boosted by a net win of 43 contracts in the year-to-date period that added annualised revenue of £34m.