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Bus and rail put Go-Ahead on track to hit annual targets

Thu, 24th Oct 2013 07:01

Transport company Go-Ahead Group said growth in its bus and train businesses would keep it on track to hit full year targets.Go-Ahead, which runs buses on the south coast and in London, north east England and Oxford, said first quarter trading had been robust and its expectations for the year to June 28th 2014 remained unchanged.The group's deregulated bus business increased revenue by 3.5% and passenger numbers rose about 1%. Revenue in its contracted London buses lifted 7%.Revenue in its rail division, which runs the Southern, Southeastern and London Midland rail franchises, rose between 7% and 9% while passenger journeys were up between 4.5% and 6%.It said in an update ahead of its annual meeting that trading in rail will remain challenging in the short term, but it was committed to UK rail.Chief Executive David Brown said: "Our bus division is performing well and we are on course to deliver our £100m target by 2015/16."In rail, our bid team is working hard to deliver strong bids for the Thameslink and Crossrail franchise competitions and we have begun discussions with the Department for Transport regarding the proposed extension for Southeastern."Overall, I am pleased with the group's performance and remain confident that the full year result will be in line with our expectations."PW
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5 Apr 2022 10:40

SMALL-CAP WINNERS & LOSERS: Go-Ahead races higher on payout resumption

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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5 Apr 2022 08:59

LONDON MARKET OPEN: Stocks down as Biden calls for war crimes trial

(Alliance News) - Stocks in London opened lower on Tuesday amid cautious trade as investors continue to track geopolitical developments.

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5 Apr 2022 08:47

Go-Ahead to resume payouts amid new strategy after "challenging" time

(Alliance News) - Go-Ahead Group PLC on Tuesday said it will reinstate its pre-Covid dividend policy as it set out medium-term plans to boost revenue and profit.

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5 Apr 2022 08:25

LONDON BRIEFING: Go-Ahead reinstates pre-pandemic payout policy

(Alliance News) - Go-Ahead Group PLC on Tuesday said it will reinstate its pre-Covid dividend policy as it set out medium-term plans to boost revenue and profit.

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5 Apr 2022 07:55

Go-Ahead to restart dividends

(Sharecast News) - Go-Ahead said it would restart dividends as the bus and train operator set out targets for improved revenue and profit.

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5 Apr 2022 07:50

LONDON MARKET PRE-OPEN: Moonpig confident; Go-Ahead brings back payout

(Alliance News) - Stocks in London are seen opening lower on Tuesday, with traders still mindful of the possibility of more sanctions being imposed on Russia in the wake of international outrage following killings in the Ukrainian town of Bucha.

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25 Mar 2022 11:14

Go-Ahead's Govia wins contract with National Rail to extend operations

(Alliance News) - Go-Ahead Group PLC on Friday said its subsidiary Govia Thameslink Railway has won a three-year contract extension from National Rail, which oversees train services in Britain.

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25 Mar 2022 10:57

SMALL-CAP WINNERS & LOSERS: Go-Ahead up on Govia deal; Wickes sales up

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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25 Mar 2022 08:45

LONDON MARKET OPEN: European stocks drift lower in cautious start

(Alliance News) - Blue-chip European equities nudged lower in early dealings on Friday, in nervy early trade, a stark contrast to stocks in New York, which surged overnight despite markets facing a wealth of uncertainty

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25 Mar 2022 08:05

Go-Ahead's GTR awarded National Rail contract to 2025

(Sharecast News) - Go-Ahead Group announced on Friday that the Department for Transport (DfT) has awarded a National Rail contract to its Govia Thameslink Railway (GTR) joint venture, to continue operating the Thameslink, Southern and Great Northern rail services in the south of England.

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25 Mar 2022 07:54

LONDON MARKET PRE-OPEN: Petropavlovsk ability to sell gold threatened

(Alliance News) - Stocks in London were called lower on Friday, after data showed UK retail sales fell in February and a survey showed consumer confidence taking a hit in March.

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21 Mar 2022 15:46

UK shareholder meetings calendar - next 7 days

Tuesday 22 March 
Crest Nicholson Holdings PLCAGM
Hochschild Mining PLCEGM re Amarillo Gold acquisition
Hydro Hotel Eastbourne PLCAGM
Starvest PLCAGM
Sureserve Group plcAGM
Wynnstay Group PLCAGM
Wednesday 23 March 
CML Microsystems PLCGM re employee share plans
Quartix Technologies PLCAGM
Strategic Equity Capital PLCGM re tender offer
Thursday 24 March 
BlackRock Throgmorton Trust PLCAGM
Independent Investment Trust PLCAGM
N4 Pharma PLCAGM
React Group PLCAGM
Friday 25 March 
Beazley PLCAGM
Coro Energy PLCGM re proposed bond restructuring
Europa Oil & Gas Holdings PLCGM re fundraise
Kitwave Group PLCAGM
Triad Group PLCGM re revised remuneration policy
Monday 28 March 
Congyar Investment Co PLCGM re share premium account cancellation
Go-Ahead Group PLCGM re accounts, remuneration, auditor
Jupiter Emerging & Frontier Income Trust PLCAGM
  
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17 Mar 2022 10:59

SMALL-CAP WINNERS & LOSERS: Go-Ahead up as fine less harsh than feared

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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17 Mar 2022 10:34

Go-Ahead gets penalty for train contract that is lower than budgeted

(Alliance News) - Go-Ahead Group PLC said on Thursday it received a lower-than-expected fine from the UK government, in relation to its mishandling of its former London & South Eastern Railway Ltd franchise.

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17 Mar 2022 08:32

Go-Ahead handed smaller fine than expected for Southeastern bungle

(Sharecast News) - Go-Ahead Group has been issued a £23.5m penalty by the Department for Transport (DfT), it announced on Thursday - several million pounds less than it had budgeted for.

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