National Express keeps its foot on the accelerator

Transport group National Express has maintained its “strong momentum” from 2016, with revenues up 15.8%.

It has benefitted from organic growth and a number of bolt-on acquisitions made last year, together with significant foreign exchange tailwinds.

The stock market-listed group said it remains on track to meet our full year profit and cash flow expectations.

Dean Finch, group chief executive, said: “I am pleased we have maintained our strong momentum into 2017, with a good revenue performance driven by both organic growth and the benefit of our recent acquisitions.

“Our diversified portfolio is providing broad-based growth that is also providing additional opportunities for further expansion.

“We will continue to focus on operational excellence to drive our growth by both delivering high standard services for our customers and generating cash and returns that we can invest in future expansion.”