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BUZZ-Go-Ahead: bouncing back

Reuters - UK Focus

** Go-Ahead jumps 13%, set for biggest one-day rise since April 2008 - albeit after heavy recent falls

** H1 PBT £79.7 mln (ahead of Jefferies' estimate of £63.1 mln)

** "GOG has delivered a 1H beat, though due to London Midland's (LM) final contributions. Group expectations for the continuing businesses are unchanged, DPS is held flat YoY as we expected, and balance sheet remains strong," Jefferies says

** "Given our view of unjustified share price weakness, we expect this update to be received as positively reassuring," broker says

** Stock down by almost a quarter since September annual results (until Feb 21 close)

** Fifth most actively traded stock on FTSE 250 (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)