Stagecoach Trading Update

 

Stagecoach Group plc ("the Group") is today publishing a trading update in advance of a series of meetings with analysts.

Financial performance

The overall profitability of the Group has remained good and there is no change to our expected adjusted earnings per share for the year ending 30 April 2013.

Like-for-like revenue growth for the financial year to date in each of the Group's main businesses is provided below.

UK Bus (regional operations) - forty eight weeks ended 31 March 2013                  3.6%

UK Bus (London)                    - forty eight weeks ended 31 March 2013                   1.2%

UK Rail                                    - forty eight weeks ended 31 March 2013                   5.4%

North America                         - eleven months ended 31 March 2013                      9.7%

(including Megabus.com, excluding disposed Wisconsin school bus business)

Virgin Rail Group                     - forty eight weeks ended 31 March 2013                   3.1%

Outlook

Overall current trading remains good and the prospects for the Group remain positive.

 

The Group intends to announce its preliminary results for the year to 30 April 2013 on Wednesday 26 June 2013