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Stagecoach Group PLC (SGC.L)

SGC.L on London Stock Exchange

134.90GBp
20 Feb 2018
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1,324,850
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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

Stagecoach sells Megabus Europe retail unit
Wednesday, 29 Jun 2016 02:43am EDT 

Stagecoach Group Plc : Sale of megabus europe retail operations .Disposal.  Full Article

Stagecoach sticks to current 2016/17 earnings per share outlook
Wednesday, 29 Jun 2016 02:42am EDT 

Stagecoach Group Plc : Results in line with overall expectations . 2016 profit before taxation (£m) 187.4 . We have not significantly revised our expectation of 2016/17 adjusted earnings per share . Fy revenue 3.871 billion stg versus 3.204 billion stg year ago . Final dividend 7.9 penceper share .Total dividend up 8.6 percent to 11.4 penceper share.  Full Article

Britain could take control of rail line after Stagecoach contract failure

LONDON, Feb 6 Britain could take over the running of the rail route between London and Edinburgh from private operator Stagecoach after the company got its numbers wrong, leaving the contract close to collapse, the Transport minister said on Monday.