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Financial

Profits rise at National Express

National Express recorded record profit in 2011, spurred by strong performances from its UK Coach, UK Bus and North America divisions. The operator’s profit before tax and amortisation was £180.2m, up from £97.3m in 2010. […]

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Daimler defies economic climate

Manufacturing group announces second-best year of all time for vehicle sales Daimler Buses achieved its secondbest sales result ever in 2011, selling a total of 39,740 vehicles, 2% more than in 2010. This was achieved […]

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Go-Ahead reports robust trading

Growth across all sectors as group moves away from fuel hedging Go-Ahead Group has released its half-year results for the six months ending December 31, 2011. Group revenue was up 5.9%, while underlying operating profit […]

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FirstGroup warn of northsouth divide

FirstGroup have warned that a north-south divide is opening up in its UK bus business, with growth slowing in Scotland and northern England. The Aberdeen-based operator blamed the weak economy and lower consumer spending in […]

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21st Century has a bright future

21st Century, the supplier and installation service provider of public transport CCTV and vehicle monitoring systems, has issued a pre-close trading update ahead of its preliminary results for the year ending December 31, 2011, which […]

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Go-Ahead growth boosted by smartcard

Revenue growth of 3.5% expected, bus operations both in and outside London “performing well” says Big Five operator Go-Ahead Group plc is expecting to achieve revenue growth of around 3.5% for the first half of […]

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Stagecoach releases interim statement

Loss making rail division dampens figures, but operator says incoming subsidies will solve this in the second half of the year On Thursday (December 8) Stagecoach released its interim results for the six months ending […]