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Business Monitor: Issue 341 19 Aug 2008

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Financial results, Growth, Stagecoach, All of UK

Stagecoach achieves strong UK volume growth, but profit margins slip back

TRANSPORT operating group Stagecoach achieved strong volume growth in its UK businesses but achieved reduced operating margins, according to the group’s annual report for the year to April 30 2008.

The company is now focused on three markets - UK bus, UK rail and the USA. Its rail operations include the new South Western passenger rail franchise and the Supertram light rail system in Sheffield. It also owns 49% of the Virgin Rail Group. New contracts were won during the year for the...

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