Transport operator Go-Ahead has delivered a “robust” performance over the past four months.
An interim management statement released yesterday showed the Newcastle-headquartered group experienced underlying revenue growth of 3.5% in its deregulated bus services, 7% in its regulated bus services and around 7.3% across its rail divisions. The figures, which exclude the benefit of delivering transport for the Olympics last year, mean Go-Ahead is on track to reach its target of £100m operating profit in its bus division by 2015/16.
Go-Ahead chief executive David Brown said: “Our bus and rail businesses have delivered a robust performance, in line with expectations. Overall, I am pleased with the group’s performance and remain confident that the full year result will be in line with our expectations.”