Revenue rise across board for Stagecoach

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The Independent Online

Commuters forced to swallow season-ticket increases this year helped boost revenues at Stagecoach, which yesterday reported a 5.4 per cent sales jump from its South West Trains division in the year to April.

Sales at Virgin Rail, which Stagecoach owns alongside Virgin Group, running trains from London to Edinburgh, Glasgow, Liverpool and Manchester, rose 3.1 per cent.

Revenues from Stagecoach's London bus routes inched up 1.2 per cent. Bus takings in the rest of the country rose 3.6 per cent.

"Overall current trading remains good and the prospects for the group remain positive," Stagecoach said.