John Menzies' shares firm on news of progress against strategic objectives

By

Sharecast News | 12 May, 2017

John Menzies says it continues to make good progress against its strategic objectives and has had a positive start to 2017.

Chairman Dermot Smurfit said the integration of ASIG was progressing well.

"I am confident we will be able to deliver on a deal to combine the businesses of DX (Group) plc and Menzies Distribution," he added.

The Aviation business also continued to trade strongly.

"The opportunities that exist to cross sell our new product lines and also to expand into new markets are very exciting and your Board looks to the future with increasing confidence."

"The group has had a positive start to the year, continuing to make good progress against our strategic objectives."

At 14:36 BST, shares in John Menzies were up 0.14% to 692.5p each.

Last news