The Go-Ahead Group Robust Performance In All Divisions
(“GO-AHEAD” OR “THE GROUP”)
Interim Management Statement
Robust performance in all divisions; full year expectations remain unchanged
The Go-Ahead Group plc today announces its Interim Management Statement for the period from 30 June 2013 to 23 October 2013 ahead of its Annual General Meeting which will be held later today.
Trading in this first period has been robust and our expectations for the full year to 28 June 2014 remain unchanged.
David Brown, Group Chief Executive of Go-Ahead, said:
“Our bus and rail businesses have delivered a robust performance, in line with our expectations.
“Our bus division is performing well and we are on course to deliver our £100m target by 2015/16. Our high quality, locally-focused operations and sector leading marketing continue to drive our passenger numbers and we are making good progress with our cost efficiency programme.
“In rail, our bid team is working hard to deliver strong bids for the Thameslink and Crossrail franchise competitions and we have begun discussions with the Department for Transport regarding the proposed extension for Southeastern.
“Overall, I am pleased with the Group’s performance and remain confident that the full year result will be in line with our expectations.”