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Financial

Profit down at Go-Ahead

Turnover at Go-Ahead Group was up £148m to £2,571.8m for the 12 months to 29 June. However, operating profit was down £7.7m to £102.5m. Profit before tax was also down £8m to £86.2m.

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Bus News

Bus profits down for second year

Fall in profit driven by further falls in London, with turnover across all companies analysed increasing by just 0.5% Profits in the UK bus industry fell for the second successive year in 2011/12, according to […]

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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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Financial

Stagecoach reports profit increase

Preliminary annual results show company records passenger volume growth as fuel costs soar Stagecoach Group plc reported a sector-leading profit margin with operating profits growing 25% to £240.2m, with revenue growth in all bus divisions […]