Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Group’s half-year revenues fall to £800m

20 December 2019
 

Stagecoach’s revenues dropped below £1bn in the first half of 2019/20, reflecting the sale of its North American bus and coach business in April and the winding down of UK rail franchises. 

Revenues to the 26 October were £800.2m, down from £1.009bn in the corresponding period of 2018/19. The 2019/20 figure comprises: £535.1m from UK regional bus operations (H1 2018/1: £527.7m), £120.6m from London buses  (H1 2018/19: £128.6m); and...

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