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Stagecoach's steady showing

26th June 2012

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VIRGIN Rail and megabus.com owner Stagecoach has delivered a solid set of results based partly on expansion in the US where the megabus brand is being rolled out further.Its preliminary results for the year ended April 30 show like-for-like revenue up 6.9% across the group to £2.59bn (2011: £2.38bn). However, profit before taxation was slightly down at £202.5m (2011: £205.7).Commenting on the results, chief executive, Sir Brian Souter, said: "We con-tinue to see good organic growth in our bus and rail servic......for the full story register now for free or login below...


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