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Go-Ahead maintains full year forecasts

Thursday, 26th April 2012
Bus and rail group Go-Ahead's expectations for the year to the end of June remain unchanged after sold trading in the third quarter.

The group saw continued growth in both its bus and rail divisions.

Group chief executive David Brown said: "In bus, our focus of operating in urban areas, predominantly in the South East, combined with our strategy of local management and marketing has continued to deliver growth.

"Our sector leading London bus business performed strongly in the quarter and we were pleased to announce the acquisition of the Northumberland Park depot in North London, demonstrating our long term confidence in this market.

"Our rail businesses continue to perform well and we were delighted to have been shortlisted for the Thameslink franchise.

"Whilst we continue to be cautious about the wider economic outlook, we remain confident that we will deliver a full year result in line with our expectations."








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