Stagecoach Says Profits Are in Line with Forecast

The HeraldOctober 19, 2004

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Summary


TRANSPORT group Stagecoach, the company founded and headed by Brian Souter, yesterday said that pre-tax profits for the first five months of 2004 were in line with its expectations.

In a statement to the London Stock Exchange ahead of its half- year close period, Stagecoach said each of its core divisions - UK buses, North America, New Zealand and UK railways - had continued to perform well.

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Stagecoach Says Profits Are in Line with Forecast

It added that the two Virgin Rail franch...

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