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Financial

Arriva: strong 2012 results

Group’s future also looks secure, with order book standing at €18.5bn over the next 15 years Arriva has published a financial review of 2012 and an update on its operating position and environment.

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Financial

Taking care of business

Following the transfer of ownership on April 15, Matt Evans was appointed Financial Director of the newly independent Redwing Coaches in what is his inaugural role in the industry.

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Financial

MAN first quarter results

Lower order intake and squeezed margins have affected MAN’s Q1 performance with group figures 14% below last year and the commercial vehicle division down by 12%. The 2013 order intake stands at €2.963bn against last […]

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Financial

Go-Ahead targets £100m bus profit

The strong financial position gives the group room for organic growth, says CEO David Brown Go-Ahead Group is on target to meet its goal of £100m profit from buses – according its Interim Management Statement […]

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Financial

Rotala pre-tax profit rise

After a move away from coaching, commercial bus work now makes up 60% of the group’s annualised revenues Rotala plc has announced a 10.5% rise in pre-tax profit from £1.88m to £2.08m – according to […]

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Financial

Budget: Fuel duty increase scrapped

While corporation tax also sees a reduction, budget seen as doing little to help the coach and bus industry The chancellor George Osborne has scrapped the fuel duty increase scheduled for September in the Budget […]