Business Monitor: Issue 350 21 Nov 2008
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Bus, Coach, ComfortDelGro, London Bus, Other, Transport for London, Greater London, Northern Ireland/Ireland, Scotland, Southeast England
Metroline profits recover, but margins stay below 8%
BUS?and coach group Metroline saw a recovery in profits during the year to December 31 2007, according to its annual accounts.
The company operates a fleet of around 1300 vehicles on contract bus services to Transport for London, together with tourist and commuter coaches through its Armchair and Westbus subsidiaries. The company also owns a stake in Scottish?Citylink and an operation in?Dublin. The group is owned by the Singapore-based transport group ComfortDelgro.
Turnover during the...
