A big increase in profits at joint venture company Virgin Rail Group has boosted Stagecoach Group results for the six months to 31 October 2014.
Group revenue increased 4.8% to £1.545bn (H1 2013: £1.474bn), and group operating profit (before intangible asset expenses and exceptional items) increased 2.6% to £129.8m (H1 2013: £126.5m). However, EBITDA (earnings before interest, tax, depreciation and amortisation) before exceptional items dropped slightly to...
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