National Express says year expectations unchanged

Fri Oct 24, 2008 7:43am BST
 
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LONDON (Reuters) - Bus and train operator National Express Group (NEX.L) said its full-year performance would meet management expectations, given strong growth across all its businesses.

"The travel industry is not immune to an economic slowdown and we are seeing evidence of consumers becoming increasingly focussed on securing the best value for money they can," Chief Executive Richard Bowker said in a statement on Friday.

National Express also said it was to end its Dot2Dot start-up operation.

(Reporting by Dan Lalor; Editing by Rosalba O'Brien)

 
A share trader is pictured behind a mock one dollar bill and a mock 500 Euro note symbolizing a consumer credit note, at the German stock exchange in Frankfurt, December 18, 2008. REUTERS/Kai Pfaffenbach
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