Half Year Results 

Menzies hit by aviation slowdown

Menzies hit by aviation slowdown

With a profit warning in July sending shares plummeting by almost a fifth, investors were probably already prepared for disappointment ahead of John Menzies’ (MNZS) half-year results. Hindered by the previously flagged lower cargo volumes and the grounding of Boeing’s 737 Max aircraft further depressing expected airline flight schedules, operating profit plunged by 62 per cent to £5.4m in the six months to 30 June.

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