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Stagecoach Group PLC (SGC.L)

SGC.L on London Stock Exchange

132.40GBp
11:53am EDT
Change (% chg)

-2.60 (-1.93%)
Prev Close
135.00
Open
136.00
Day's High
136.00
Day's Low
131.60
Volume
785,278
Avg. Vol
1,331,037
52-wk High
215.50
52-wk Low
125.00

Latest Key Developments (Source: Significant Developments)

Stagecoach Group posts H1 pretax profit of 96.7 mln pounds
Wednesday, 6 Dec 2017 02:14am EST 

Dec 6 (Reuters) - STAGECOACH GROUP PLC ::HALF YEAR PRETAX PROFIT 96.7 MILLION STG VERSUS 89.5 MILLION STG YEAR AGO.HALF YEAR REVENUE 1.8 BILLION STG.INTERIM DIVIDEND 3.8 PENCEPER SHARE.H1 EARNINGS PER SHARE 13.6 PENCE (H1 2017: 12.7 PENCE).NO CHANGE TO OUR EXPECTATION OF 2017/18 EARNINGS PER SHARE."EAST MIDLANDS TRAINS FRANCHISE HAS BEEN EXTENDED THROUGH TO MARCH 2019, WITH PROSPECT OF AGREEING A FURTHER DIRECT AWARD FRANCHISE".  Full Article

Stagecoach says FY revenue rose 1.8 pct to 3.941 bln stg
Wednesday, 28 Jun 2017 02:00am EDT 

June 28 (Reuters) - Stagecoach Group Plc SGC.L::FY revenue rose 1.8 percent to 3.941 billion stg.Final dividend 8.1 pence per share.Preliminary results for year ended 29 April 2017.FY adjusted earnings per share of 24.4 pence (2016: 27.7 pence) in line with expectations.Business expected to be profitable from 2019."Disappointed to report losses at Virgin Trains East Coast".In discussions with Department For Transport regarding contractual rights, obligations under current Virgin Trains East Coast franchise.Operating profit for year ended 29 april 2017 of £121.1m (2016: £137.3m).Made financial provisions to reflect short-term outlook for Virgin East Coast business over next 2 years.  Full Article

Stagecoach updates on West Coast Partnership, South Eastern rail franchises
Thursday, 22 Jun 2017 02:10am EDT 

June 22 (Reuters) - Stagecoach Group Plc ::Shortlisted by Department for Transport to receive an invitation to tender for new South Eastern franchise.Stagecoach, Virgin Group & SNCF, bidding as West Coast Partnership Ltd, have been shortlisted for West Coast Partnership franchise.  Full Article

Stagecoach says full-year earnings expectation remains unchanged
Wednesday, 29 Mar 2017 02:00am EDT 

Stagecoach Group Plc : Trading statement . Trading update in respect of its financial year ending 29 April 2017, ahead of a series of meetings with analysts. . Says like-for-like revenue movements for financial year to date, compared with equivalent period in previous year . Our expectation of group's adjusted earnings per share for year ending 29 April 2017 has not changed from when we announced our interim results in December 2016. . Uk bus (regional operations) - forty four weeks ended 4 march 2017 (1.7) pct . Uk bus (london) - forty four weeks ended 4 march 2017 (0.9) pct . North america - Ten months ended 28 february 2017 (2.2) pct . Stagecoach - total like-for-like passenger journeys fell by 1.7 pct in uk bus (regional operations) division, largely as a result of weak underlying local economic conditions in some parts of uk . We remain positive on longer term opportunities within uk bus (regional operations) division. . As expected, uk bus (london) division revenue was 0.9 pct below equivalent prior year period . Trading at our megabus.com inter-city coach business in north america continues to improve . North america market remains challenging due to effects of sustained lower fuel prices, which have heightened car and air competition . Trading at other businesses in north america remains in line with our expectations..  Full Article

Stagecoach says disappointed on unsuccessful bid for New South Western Rail franchise
Monday, 27 Mar 2017 02:15am EDT 

Stagecoach Group Plc :Disappointed that it has been unsuccessful in its bid for new south western rail franchise, which is due to commence in summer 2017..  Full Article

BRIEF-Stagecoach Says Revenue Growth Across Rail Operations Broadly Consistent With H1

* ‍PROVIDING A TRADING UPDATE IN RESPECT OF ITS FINANCIAL YEAR ENDING 28 APRIL 2018​