Advertisement
UK markets closed
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.77
    -0.59 (-0.71%)
     
  • GOLD FUTURES

    2,336.20
    -5.90 (-0.25%)
     
  • DOW

    38,454.77
    -48.92 (-0.13%)
     
  • Bitcoin GBP

    51,978.84
    -1,724.06 (-3.21%)
     
  • CMC Crypto 200

    1,399.11
    -24.99 (-1.75%)
     
  • NASDAQ Composite

    15,702.80
    +6.16 (+0.04%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Stagecoach meets expectations with full-year profit rise

LONDON, June 24 (Reuters) - British transport operator Stagecoach reported a rise in full-year profit on Wednesday with the firm saying it hoped to build on its performance, having already had a "satisfactory" start to 2015-16.

The company, which operates bus and rail services in Britain, posted full-year pretax profit of 185.0 million pounds ($291.3 million) in the 12 months to the end of April, 2.4 percent higher than last year.

The firm, which also runs services in North America and Europe, was expected to post profit of 182.1 million pounds according to a Thomson Reuters poll of 13 analysts.

($1 = 0.6350 pounds) (Reporting By Costas Pitas, Editing by Paul Sandle)