P504 Tjletext 504 Jun14 14:11:54
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STAGECOACH LOOKS FOR BRIGHTER FUTURE
Bus and train company Stagecoach has
unveiled forecast-beating pre-tax
profits of £244m - before one off costs
of £62m.
The full year figures include the
acquisition of struggling Coach USA
which is taking longer than expected
to restructure.
But the firm is making a joint bid for
the East Coat Main Line with Virgin and
has announced a further share buyback.
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Financial headlines 500 City index 501
NATIONAL FORECAST IS NOW ON p153
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