Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Go Ahead profits

Friday 18 September 1998 23:02 BST
Comments

PROFITS AT Go Ahead's rail businesses more than doubled in the same period during which punctuality at one of its two rail subsidiaries, Thames Trains, fell 8 per cent and triggered a pounds 633,000 fine.

Figures for the year to 27 June showed that the Newcastle-based group's operating profit from rail rose to pounds 10.73m from pounds 4.70m. Rail passenger growth was 11 per cent. Profits from buses were flat. Group pre-tax profit was pounds 36.9m, up 72 per cent. Go Ahead shares closed at 766p, up 39p.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in