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Trading statements

Stagecoach says FY adj. EPS expectation unchanged

29 March 2017 07:26

Stagecoach Group said its expectation for adjusted earnings per share in the year to April 29 had not changed since December.

In a trading update, it said like-for-like revenue for UK Bus (regional operations) was down 1.7% in the 44 weeks to March 4, with UK Bus (London) down 0.9% over the same period.

UK Rail's like-for-like revenue was up 1.6% in the 44 weeks, while that for Virgin Rail Group was up 5.3% over the same period. North America like-for-like revenue was down 2.2% in the 10 months to Feb. 28.

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