John Menzies has provided a trading update ahead of its final results announcement on 8 March.
Overall trading through the latter part of Q4 was in line with the Board’s expectations.
Despite the impact of changing travel restrictions related to the Omicron variant, the business saw strong performances from a number of services lines which, together with continued productivity gains, saw the Group finish the year strongly.
Cash generation has also remained positive, with the Group retaining a strong liquidity position and year end net debt in line with expectations.
A company spokesman said: “Commercially, the excellent performance in 2021 has continued with further contract wins and renewals. Looking at the year ahead we remain confident in our current projections for a continued recovery of global flight volumes.
