Go-Ahead trading update

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The Go-Ahead Group has issued its latest trading update, for the year to 3 July 2021, ahead of the Group’s full year results which are scheduled to be announced on 9 September. The Group said it is now seeing its highest passenger volumes since the start of the pandemic; currently around 65 to 70% of pre‐crisis levels in regional bus, and experiencing robust trading performance across all divisions. Full year expectations increased for London & International bus division and it has a strong balance sheet with cash generation ahead of previous expectations.

Go‐Ahead Group Chief Executive, David Brown, said: “After more than a year of Covid‐19 restrictions limiting travel, it is great to see our buses and trains carrying more passengers as these restrictions start to ease and people enjoy the benefits of communities and businesses reopening. There are more people using our services today than at any point over the pandemic and we are ready to safely welcome more people back to our buses and trains.

“As we emerge from the pandemic, public transport has a huge role to play in economic recovery; and an equally important role in tackling climate change as we encourage more people onto our services and away from private cars.
“As well as attracting more people to our buses and trains, we are also committed to reducing our own environmental impact and have committed to setting ambitious Science Based Targets, details of which I look forward to sharing in the coming months.”