Rotala has stronger H1 but warns coach business is still tough
23rd August 2012
BUS and coach operator Rotala saw further expansion in the first half despite difficult markets but has warned that in such a volatile climate growth predictions are difficult to determine.The Birmingham group, which operates the Flights Coaches business and last year acquired Preston Bus Ltd (PBL) in a deal worth £3.2m, said the squeeze on local authority contracts had had a bearing on business but generally it was pleased.Turnover during the period to May 31, 2012 rose 7% to £28.5m (2011: £26.6m), while pre-tax......for the full story register now for free or login below...
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