National Express is bidding for regional rail opportunities in Germany worth €900 million a year after the group’s profits shrunk due to problems in the UK.
As National Express blamed an 18% decline in profits on the removal of concessionary fares for coaches and rail franchising delays, it pointed to its “international strength” (LTT 11 Mar).
National Express chief executive Dean Finch cited two recently-won German rail contracts as a sign of its presence in non-UK...
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