LONDON, May 22 (Reuters) - Britain's Go-Ahead Group
warned that the impact of the novel coronavirus would hit its
profits this year, as it said it was in a strong position in the
long-term given the secured revenues on some of its transport
contracts.
Go-Ahead, which operates the GTR rail network in London and
south east England and London buses, forecast that group
operating profit for the year ended 27 June would be in the
range of 63 million pounds ($76.91 million) to 75 million
pounds.
That would represent at least a 38% fall compared to the 121
million pounds it made in the previous 12 months.
($1 = 0.8191 pounds)
(Reporting by Sarah Young; editing by Kate Holton)