|Bid||0.00 x 10000|
|Ask||356.00 x 53700|
|Day's range||348.30 - 352.10|
|52-week range||332.40 - 382.67|
|PE ratio (TTM)||14.22|
|Dividend & yield||N/A (N/A)|
|1y target est||412.44|
Britain's major share index was up on Monday, boosted by earnings updates and a weak sterling, while motor insurers were hit by a regulatory change which could lead to higher payouts, and merger disappointment ...
Transport group National Express (Frankfurt: 888871 - news) lifted its guidance for free cash flow on Thursday after lower fuel costs and strong international demand helped it to beat profit expectations, sending its shares higher. The firm increased its free cash flow guidance to 120 million pounds ($149.54 million) from 100 million pounds, and said it would lift its dividend by 10 percent, as a result of its strong earnings and the disposal of its UK rail business. In January, National Express agreed to sell a London rail contract to Italy's Trenitalia to mark the departure of what used to be one of the biggest names in British rail.
Dutch state-owned public transport firm Abellio has sold a 40 percent stake in its UK train operator in eastern England to Mitsui & Co., making the Japanese company the latest foreign firm to invest in Britain's rail network. Abellio said on Tuesday that Mitsui would become the minority partner in its Greater Anglia franchise, which it has operated since 2012, and which the British government renewed last year for the period to 2025. The deal follows the entry of Italy's Trenitalia into the UK rail network earlier this month to run services between London and commuter towns in Essex after UK-based operator National Express (Frankfurt: 02Z.F - news) decided to sell up.
National Express (Frankfurt: 888871 - news) agreed to sell a London rail contract to Italy's Trenitalia on Wednesday, marking the departure of what used to be one of the biggest names in British rail and the arrival of another foreign state-owned operator to the network. Britain privatised its rail services in the 1990s, and the network is now run by several UK-listed transport companies, as well as state-owned European rail groups including Germany's Deutsche Bahn, Abellio from the Netherlands and Keolis, majority-owned by France's SNCF. Marking the entry of Italy's state-run company into Britain, National Express said that Trenitalia would pay it 70 million pounds ($85 million) to run the C2C services between London and commuter towns in Essex until the contract ends in 2029.