PAPER distributor John Menzies saw half-year profits almost treble.
It made £20.6m compared with £7.4m for the same period last year.
The company, which also distributes airport cargo worldwide, was boosted by new contracts with Lufthansa/bmi at London Heathrow.
John Menzies started in Scotland in 1833 but is now a "time-critical logistics company" - a business that moves goods to a timetable.
Menzies said distribution remained a difficult market, but it had been helped by the sale of stickers for the 2010 World Cup.