LONDON, March 12 (Reuters) - British transport company
Go-Ahead Group warned that coronavirus is likely to
impact travel patterns, without saying how, as it guided that
annual profit would be slightly lower than expected, hit by bad
weather in recent weeks.
Go-Ahead, which runs rail and bus services in the UK, Norway
and Germany, said that its UK regional bus business would be
less profitable than expected over the full-year due to higher
costs and the impact of storms which reduced travel demand.
Coronavirus could hurt its finances further in the second
half of its financial year which runs to 27 June.
"While it is unclear how the situation relating to
coronavirus will evolve in the coming weeks, travel patterns in
the second half of the year are likely to be impacted," the
company said in a statement on Thursday.
(Reporting by Sarah Young, editing by Paul Sandle)