London Midland owner predicts better-than-expected profits
23rd June 2011
LONDON Midland owner, the Go-Ahead Group, said today it expected to deliver full year operating profits ahead of speculation. In a pre-close trading update for the year ending July 2, 2011, the transport company said it was pleased with the performance and predicted passenger revenue growth of around 8% in the London Midland operation. Keith Ludeman, group chief executive, said: "Since the depth of the recession in 2008, Go-Ahead has seen solid growth. Three things are driving growth - improving levels of quality, better marketing......for the full story register now for free or login below...
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