
Menzies Aviation
A critical partner in the global aviation industry, delivering time-critical logistics services.
GBP | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | (54 %) | 2 % | 30 % | 145 % | (62 %) | (38 %) | 1 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 80 % | (30 %) | 47 % | 66 % | 73 % | 103 % | (19 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Menzies Aviation traces its roots back to 1833 when John Menzies, a Scottish bookseller, opened his first shop in Edinburgh. Initially a bookstore, the company gradually diversified its operations over the decades. By the mid-20th century, Menzies had expanded into newspaper distribution, which laid the groundwork for its future in aviation services.
In the late 20th century, Menzies Aviation emerged as a distinct entity, focusing on providing ground handling, cargo, and fueling services to airlines worldwide. This strategic pivot allowed the company to capitalize on the growing demand for aviation services, establishing a presence in over 265 airports across six continents.
A significant milestone in Menzies Aviation's journey occurred in 2022 when it was acquired by Agility, a global logistics company, in a deal valued at £763 million. This acquisition marked a new chapter for Menzies, combining its extensive aviation expertise with Agility's logistics capabilities, further solidifying its position as a leader in the aviation services industry.
Today, Menzies Aviation continues to expand its global footprint, leveraging its rich history and experience to serve major airlines and airports around the world. The company's journey from a small bookstore to a global aviation powerhouse exemplifies its adaptability and commitment to growth in an ever-evolving industry.
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