http://tools.euroland.com/tools/PressRel...ID=3168077&lang=en-GB&companycode=services
Link to full year results.
Overview:
FINANCIAL STRENGTH
• Overall profits up 11.1%, slightly ahead of our expectations as a result of a stronger performance in rail
• Record bus profits, up 6.6%
• Improvement in rail profits albeit at historically low margins
• Continued strong free cashflow and robust balance sheet
• Proposed full year dividend up 6.5% to 90.0p in line with our progressive policy
STRATEGIC AND OPERATIONAL PROGRESS
• Continued progress in bus division with sector-leading customer satisfaction in regional bus operations
• Expect to deliver £100m of bus operating profit in 2016/17, a year later than originally anticipated
• Record passenger numbers in rail division
• Group's net increase in contributions to the DfT in the year was £191.9m, up to £255.9m
• Challenging start in GTR - working closely with industry partners to improve performance and manage contract changes
• Submitted bids for Northern and TransPennine Express rail franchises and shortlisted for the London Overground contract
• Continue to explore selective opportunities in overseas markets
Go-Ahead Half Year Results 2014/15
Go-Ahead Half Year Results 2014/15
Go-Ahead Half Year Results 2014/15
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by Dan
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19 Feb 2015, 8:35 am
RE: Go-Ahead Half Year Results 2014/15
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by Andreos1
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10 Sep 2015, 8:48 pm