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Bus News: Issue Issue 22 30 Jun 2011

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Bus, Financial results, Rail, Go Ahead, Other, All of UK

Go-Ahead beats profit expectations

June 23

Go-Ahead Group has announced that profits for the year to July will be ahead of its expectations due to patronage gains from commercial initiatives and modal shift from car travel.

“Since the depth of the recession in 2008, Go-Ahead has seen solid growth,” said chief executive Keith Ludeman. “Three things are driving growth – improving levels of quality, better marketing of our services, and the higher costs of motoring resulting in the public choosing the better value...

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