An improved performance by Go Ahead Group’s rail and aviation services divisions helped it to absorb the impact of higher fuel prices on its bus business.
Full year financial results published by the group last week show that its bus operations were unable to absorb a £9m increase in the fuel bill, and operating profits fell by almost £5m.
However, group operating profits for the year to July 31, rose slightly to £97.8m (2005: £97.0m) on turnover of ...
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