Revenues and profits up at Go-Ahead but bus margin falls

PUBLIC TRANSPORT

Go-Ahead Group increased revenue, operating profit, and its operating profit margin in the six months ending 30 December 2017, compared with the corresponding period of 2016.

Revenues rose by almost £114m from £1.715bn to £1.829bn; operating profit increased by £13.9m from £73m to £86.9m; and the operating profit margin climbed from 4.3 to 4.8 per cent. 

After subtracting financing costs, profit before tax rose £12.7m, from £67.0m to...

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