National Express Group makes a good start

摘要

'The group has made a good start to the year with revenue up 4%', said National Express Group plc in an interim management statement for the period from January 1 to May 6 2015, 'and we are on track to deliver our profit and cash expectations for the year.' 'Pleasingly, all divisions have delivered revenue growth, supported by rising passenger demand', said NEG, reporting passenger volumes up by 2% across the group. The company also reported an 'encouraging start' to the replacement Essex Thameside franchise which had begun on November 9 2014 (RBI474 p4). c2c was performing 'ahead of the bid plan', with passenger volumes up by 4% and revenue by 10%, 'boosted by good growth in peak and off-peak travel'. Amongst its £12bn bid pipeline, NEG made mention of the long-term replacement Greater Anglia franchise, where the company has now submitted its pre-qualification questionnaire to DfT.