Go-Ahead sees profit growth in train travel

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Tuesday 14 December 2010 9:10 pm Share whatsapp TRANSPORT group Go-Ahead said yesterday that it expects first-half operating profit to nudge ahead of its expectations, driven by its rail unit, but will not move its full-year targets given the economic uncertainty.The company, which operates commuter rail franchises including Southeastern and London Midland, said yesterday its bus division is expected to remain robust, with second-half revenue in its unregulated businesses returning to last year’s levels. However, revenue in its regulated London bus services is likely to be around seven per cent below last year due to lower contract prices.Turnover in its rail unit Southern is expected to be around six per cent higher than last year due to a four per cent growth in passenger journeys.“We continue to anticipate challenging economic conditions in the near term and therefore believe it is prudent to maintain our full-year expectations as previously reported,” it said in a statement.Go-Ahead also said that it continues to look for bolt-on acquisitions in the UK and will continue its cautious expansion in North America.Shares closed up 5.5 per cent at £12.80 yesterday. whatsappcenter_img KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Go-Ahead sees profit growth in train travel Show Comments ▼ Tags: NULLlast_img

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