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Regional bus profits down at Go-Ahead

PUBLIC TRANSPORT

14 September 2018
Regional bus: 11.9% margin
Regional bus: 11.9% margin

 

Go-Ahead Group has reported a fell in profitability on its regional bus operations for the year ending 30 June. 

Group revenues were £3.46bn, down from £3.48bn in 2017. Profit before tax was £145.7m, up from £136.8m. 

UK Bus operating profit pre-exceptional items rose from £90.7m to £91.4m. The contribution from the regional bus business dropped from £47.1m last year to £45.8m, with the profit margin falling from 12.5 per cent to 11.9...

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