Stagecoach preliminary figures issued
In a preliminary trading statement, Stagecoach said its expected adjusted earnings per share for the year ending 30 April 2016 has not significantly changed since it announced its half year results in December 2015. Revenue growth in its UK Bus regional operations in the second half of the financial year has been lower than was experienced in the first half. For the 40 weeks ended 6 February 2016, revenue grew 0.7% in its regional bus operations. In its London bus operations over the same period, revenue growth was 1.3%.