Robust trading statement published by Newcastle's Go-Ahead Group

Newcastle-headquartered firm Go-Ahead Group published the statement for the period from June 29 to October 20 2014, ahead of its annual general meeting on Friday

A Go North East Bus, part of the Go-Ahead company
A Go North East Bus, part of the Go-Ahead company

Transport company Go-Ahead have issued a robust trading statement, saying full year expectations remain unchanged.

The Newcastle-headquartered firm published the statement for the period from June 29 to October 20 2014, ahead of its annual general meeting on Friday.

David Brown, group chief executive of Go-Ahead, said: “Trading in the first quarter has been robust and our full year expectations for both bus and rail operations remain unchanged.

“This has been a busy period for our rail business, during which we launched GTR and began Southeastern’s direct award contract.

“Our experienced teams are focused on working closely with industry partners to deliver high quality services for our passengers.

“Delivering excellent levels of customer service is important to us and I’m proud our bus division achieved its highest ever satisfaction score of 92%.

“Even at these levels, there is always room for improvement and we will continue to listen to customers and local community groups to keep on improving our services.”

“Our London and regional bus operations continue to perform well and we remain on course to achieve our operating profit target of £100m by 2015/16.”

The group are believed to be targeting expansion into Singapore, where the government has put its first bus contract out to tender.

The Singapore Land Transport Authority has named Go-Ahead as one of the companies which have expressed an interest, together with Keolis, Transdev, Tower Transit and local operators.

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