Rail Revenues Are 'Lower Than Expected' in Results

The JournalAugust 31, 2010

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Summary


RAIL and bus operator Go-Ahead and Currys owner DSG International are expected to offer the main interest in the City this week during a quiet few days for corporate updates.

North East transport firm Go-Ahead, which reports full-year results on Thursday, recently admitted that revenues from its new high-speed rail services between London and Kent had been lower than expected due to the recession.

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Extract


Rail Revenues Are 'Lower Than Expected' in Results

The impact of the economic downturn is also expected to be reflected in its full year figures, with pre-tax profits predicted to come in at pounds 84.4m for the year ending July 3,...

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