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As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
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National Express sees 2021 profits in line with expectations
National Express sees second-half improvement as people return to public transport
National Express Sees Robust Improvement In H2
National Express Group PLC is an international transport company. The Company's segments include UK Bus, UK Coach, German Rail, North America (operates school bus and transit services), Spain and Morocco (operates bus and coach services), and Central functions. The UK Bus segment's services are operated from nine garages across the West Midlands. It also operates the Midland Metro light rail service between Birmingham and Wolverhampton. The UK Coach segment operates scheduled coach services in the United Kingdom. The German Rail segment operates the Rhine-Munster Express and the Rhine-Wupper-Bahn contracted rail services in Germany. The North America segment offers student transportation and transit services. Apart from the bus and coach services, the Spain and Morocco segment also operates service areas and other transport-related businesses, such as fuel distribution. The Company operates in the United Kingdom, Continental Europe, North Africa, North America and the Middle East.
National Express House
Mill Lane, Digbeth
John A. Armitt
Non-Executive Independent Chairman of the Board
Jose Ignacio Garat
Group Chief Executive Officer, Executive Director
Non-Executive Deputy Chairman of the Board
Group Chief Financial Officer, Executive Director
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British transport group National Express now has until Nov. 16 to make a firm offer for takeover target Stagecoach Group, both companies said on Monday after the regulator extended a deadline.
British transport company National Express is in talks to acquire rival operator Stagecoach Group in an all-share deal, offering scope for cost savings and underpinning their recovery from COVID-19.
British transport company National Express said earnings fell 64% in 2020 as the pandemic impacted passenger numbers on its bus and coach operations in Spain and the UK, its school buses in the United States, and on its German rail contract.
The chief executive officer of bus company National Express Group, Dean Finch, will leave the company at the end of this month and will take up the top job at homebuilder Persimmon earlier than envisaged, the companies said on Wednesday.
* Shares fall 12% (Adds shares, analyst comments, background)
Bus company National Express Group Plc reported a pre-tax loss for the first half of 2020 on Thursday and said travel activity remained at "much suppressed levels", bracing for more pressure on its finances over the next year.
British house-builder Persimmon has poached Dean Finch from transport operator National Express to succeed David Jenkinson as chief executive.
Train and bus company National Express Group raised about 235 million pounds ($290.93 million) in new equity on Wednesday to help it ride out the COVID-19 pandemic.
* NATIONAL EXPRESS GROUP PLC - ANNOUNCES AN EXTENSION TO ITS PLANS IN RESPONSE TO COVID-19
* NATIONAL EXPRESS - PROPOSED PLACING OF NEW ORDINARY SHARES
British transport firm National Express Group said on Wednesday it plans to raise equity of around 20% of its issued capital to shore up its balance sheet as it secured debt waivers through 2020 to help its business during the COVID-19 pandemic.
* NATIONAL EXPRESS GROUP PLC - CURRENTLY EXPERIENCING DIFFERENT IMPACTS FROM COVID-19 ACROSS ITS PORTFOLIO
British transport firm National Express Group Plc <NEX.L> said on Wednesday it won a 15-year bus contract in Casablanca through its unit ALSA, which is expected to fetch more than 1 billion euros ($1.11 billion) in revenue over its term.
On June 30, British bank NatWest <RBS.L> sent out an arcane-sounding press release - bus operator National Express <NEX.L> had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmark Libor.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.