Menzies(John) PLC Trading Update and Notice of Results (9538T)

TIDMMNZS

RNS Number : 9538T

Menzies(John) PLC

12 January 2017

12 January 2017

John Menzies plc

("John Menzies" or the "Group")

Trading Update and Notice of Results

The Board of John Menzies announces the following trading update for the year ended 31 December 2016.

We are pleased to report that, since the previous update provided on 23 November 2016, trading across the Group continues to meet the Board's expectations.

At Menzies Aviation, the division continues to trade well supported by continuing contract win and renewal momentum across the network and particularly at London Gatwick, following the withdrawal of a competitor from the UK market.

The acquisition of ASIG continues to progress to plan. We are in advanced discussions with the Competition and Markets Authority (CMA) and we expect to be able to complete the deal in the coming weeks. A further announcement will be made when appropriate.

At Menzies Distribution our new management team is in place, with Greg Michael having started on 1 January 2017, as previously announced and trading is in line with our expectations.

Overall, the Group is continuing to make progress with its strategic objectives and is well placed to deliver further earnings growth during 2017.

Notice of Results

The Group will announce its final results for the year ended 31 December 2016, on 8 March 2017.

For further information:

John Menzies plc

Giles Wilson, Chief Financial Officer 0131 459 8018

   John Geddes, Corporate Affairs Director                                              0131 459 8018 

FTI Consulting

   Jonathon Brill/Alex Beagley, FTI Consulting                                         0203 727 1000 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 12, 2017 02:00 ET (07:00 GMT)