Delivering Through People

John Menzies plc provides support services in fast-moving time-critical markets. As a team we are passionate about performance and achieving our vision of being a successful services business which delivers shareholder value.

Our people are critical to our success, representing our business to customers around the world and responding to their needs every minute of every day.

We are passionate about performance in all of our businesses. Every day of the year our people all around the world operate in time-critical support services, working with integrity to deliver a safe and secure, efficient service to our clients. This in turn provides a strong platform for growth.


OUR BUSINESSES


Ground Handling

Our people provide a world leading ground handling service to airlines worldwide. Menzies Aviation is one of the fastest growing ground handlers, operating in over 140 airports in 31 countries. The division aims to be the handler of choice for the world’s leading airlines. It offers a complete range of services to the airline industry from landside activities such as ticketing, check-in, baggage services, dispatch, and boarding to airside activities including aircraft towing and pushback, de-icing, passenger and baggage transfer, ramp handling and other ancillary services.

Cargo Handling

Our cargo handling business is strategically positioned to offer a complimentary service to our airline customers. We manage cargo sheds at airports globally and our cargo team are able to process and move perishable and high value goods onto and off aircraft quickly and reliably. We offer a full ramp transfer, load management and import/export handling service. We can also provide warehousing and trucking services and track and trace systems giving customers visibility at all times.

Cargo Forwarding

Our cargo forwarding business, AMI, works exclusively with freight forwarders and courier companies, offering air freight rates and transport services around the world. AMI is unique in providing a 100% neutral service to its clients and will source the best way of moving their goods to their destination. Its product range covers export, import and cross-trade, express and time-definite international road freight. It is supported by a state-of-the-art IT infrastructure allowing clients to organise and manage the service via the internet.

News Distribution

Overnight our network throughout the UK and Ireland processes around 7 million newspapers and magazines (covering 3,000 titles), with deliveries to more than 25,000 retailers. Covering c45% of all UK news print daily, News Distribution has invested heavily in state of the art technology and customer service to ensure our packing and returns systems are the best they can be. We also offer a logistics solution to other businesses providing an efficient and cost-effective alternative to in-house logistics, tailored to our customers individual needs. Using our fleet of around 1,700 vehicles and utilising sophisticated route planning software, we cover around 130,000 miles daily – the equivalent of going around the world five times. Our innovative Marketing Services solutions in promotions support retailers, publishers and wider industries with services ranging from category management, product placement, contact handling and data and insight.


http://www.johnmenziesplc.com/home.aspx

Interim Management Statement

RNS


RNS Number : 1633W

Menzies(John) PLC

05 November 2014






5 November 2014



John Menzies plc



Interim Management Statement





John Menzies plc, the global aviation services provider and print media distributor, today issues an Interim Management Statement for the period from 1 July 2014 to date and is based on trading results for the three months ended 31 October 2014.



Menzies Distribution continues to deliver results in line with our expectations. Overall sales values from both the magazine and newspaper categories are better than anticipated and cost reduction initiatives remain on track.



Performance within Menzies Aviation has been mixed in the period. On a constant currency basis revenue was up 8% compared to the same four month period last year, absolute ground handling turns were up 15%, although this includes the Delta Airlines contract in Detroit where turns are high but revenue low due to the mix of aircraft type. Cargo handling tonnes were up 8%.



We have secured new ground handling business in North America with a contract in Toronto for WestJet and also with United Airlines in Denver. These contract wins, together with the Delta Airlines business secured in the first half, represents out-sourcing traction in North America by major US and Canadian airlines. This positive momentum has been partly offset by contract losses in Colombia.



In cargo handling we have also secured new business and opened four new cargo facilities across Canada to handle a five year contract for KLM/Air France. This new business, together with the WestJet ground handling win, gives us a good platform in the Canadian market. In Australia, cargo returns have been behind expectations due to the cargo mix being weighted towards lower yielding shipments.



As previously communicated, in the UK we are managing a number of challenges. The significant changes at London Heathrow have substantially reduced margins which will continue into next year and to address this situation the UK leadership team has been changed.



Overall, as a result of the above issues, the full year outturn for Aviation will be materially below Board expectations and they will also impact the following year. It has been decided that Craig Smyth, Managing Director of Menzies Aviation will leave the Board with immediate effect.



The Group continues to maintain a strong balance sheet, with positive cash generation which leaves it well placed to support medium term growth ambitions. However, contract wins in North America will raise our short term debt levels. Reduced earnings in lower tax rate jurisdictions will result in the Group tax rate exceeding 30%.



In summary, Distribution continues to deliver to plan. Over the coming months the new Group Executive team will be addressing the current areas of under-performance in Aviation and will be reviewing strategic, operational and investment plans to better leverage from the strong market growth dynamics and opportunities.

Trading Update
RNS
RNS Number : 3237C
Menzies(John) PLC
16 January 2015



16 January 2015



John Menzies plc



Trading Update





John Menzies plc today reports on trading for the year ended 31 December 2014.



Since the IMS on 5 November 2014, trading has continued to be in line with our forecasts and the Board remains confident of meeting management expectations for the full year ended 31 December 2014.



Our preliminary results announcement will be made on 10 March 2015 which will provide further clarity of our strategic focus and operational delivery plans. This presentation will be held at the offices of FTI Consulting 200 Aldersgate, London EC1A 4HD at 09:30 that day.

Final Results