Falling bus profits for Stagecoach
Stagecoach’s operating profit in its bus business declined in the six months to 26 October 2019. Adjusted total operating profit from continuing operations was £79.6m (H1 2019 restated: £87.5m). According to the company, the decrease is due to various factors including 2018’s exceptionally good summer weather contrasting with this summer’s poorer weather. It also mentioned […]