Stagecoach Group reports slow growth in UK bus revenue

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https://musiciselementary.com/2024/03/07/jfsyypjiddh Stagecoach Group has reported continued like-for-like revenue growth for its UK regional and London operations – albeit at a slow rate.

https://asperformance.com/uncategorized/yw6updqi2j9 According to its pre-close trading statement, released on April 27, 2016, the Group is on course to achieve its expected overall adjusted earnings per share for the financial year that ended April 30, 2016.

https://tankinz.com/f16te70a Regional UK bus and coach operations have seen a growth of 0.2% in the past 48 weeks, which the company has reported as expectedly low. However, it has stated that in light of this it aims to keep fare increases to a minimum.

European bus operations, however, have not seen any growth and continue to remain loss-making, the group has reported.

London bus operations have seen revenue growth of 1.1% – also an expected performance for the past year. Stagecoach reported that it expected to see a decline here but is still aiming for margins in excess of 7%.

https://wasmorg.com/2024/03/07/wih0wzvnsk Meanwhile, it has stated that UK Rail operations have grown by 2.5%, and Virgin Rail Group operations have grown by 4.6% – all in line with expectations, the firm has said.

http://countocram.com/2024/03/07/u566vh77 The Group is scheduled to announce preliminary results for the financial year the ended on April 30, 2016 on June 29, 2016.