FirstGroup’s update predicts a future with slowed growth and squeezed operating margins FirstGroup has released its preclose trading update for the six months to September 30. Promising figures have been discussed, though more difficult trading […]
Volkswagen’s takeover bid for MAN has been given approval by the European Commission, and as such is one step closer creating a powerful European truck business that compete with rivals Volvo and Daimler. Chairman of […]
Optare has released its interim results for the sixth months ending June 30. Highlights include major investment in its Sherburn factory in North Yorkshire. Relocation to the facility began in August and is expected to […]
National Express has bought student bus company Petermann Partners, the fifth-largest provider of student transportation in the USA, in a $200m deal from Macquarie, and expects to complete the deal in the fourth quarter of […]
Go-Ahead Group has reported a 14% rise in operating profit to £115.1m (2010: £101.0m) in its half-year results for the year to July 2. The Group’s total dividend for the year is maintained at 81 […]
German state-owned transport group Deutsche Bahn (DB), which owns Arriva, remains on track for the year 2011 – according to its half-year results. During the first six months of 2011 the firm recorded the highest […]
Preston bus acquisition boosts half-yearly results Rotala has released its half yearly financial results for the six months to May 31, 2011. Revenues rose by 18% to a total of £26.6m (2010: £22.5m). This rise […]
£340m return announced for shareholders following growth in the group’s four business areas Stagecoach has told investors to ignore calls by a shareholder group asking them to vote against the company’s recent remuneration report. The […]
BAE Systems has published its half-yearly report for 2011 to June 30, showing headline sales for the company reduced by 13% on last year’s results but confirming the group’s large share of the UK Green […]
Group sees revenue grow across core UK bus and coach networks National Express Group (NX) has announced its half yearly report ended June 30 with an overall 23% operating profit rise, including both its UK […]
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