Menzies Group shares hit 33-month high

Shares in ground handling and media distribution company Menzies gained 6% in trading on Friday, hitting a 33-month high. Shares in the company have gained 20% since it reported its 2010 results, which beat analysts expectations. Revenues improved 6% year-on-year to GBP1.96 billion, while pre-tax profits increased 70% GBP37.5 million, helped by the performance in its aviation division.