May 16, 2018 / 6:12 AM / in 5 months

BRIEF-National Express says on track to meet FY profit targets

May 16 (Reuters) - National Express Group PLC:

* POSITIVE PERFORMANCE ACROSS ALL DIVISIONS

* GROUP HAS MAINTAINED STRONG MOMENTUM FROM END OF 2017, WITH POSITIVE RESULTS ACROSS ALL DIVISIONS.

* GROUP REVENUE FROM CONTINUING OPERATIONS HAS INCREASED BY 6.2% ON A CONSTANT CURRENCY BASIS, UP 1.7% ON A REPORTED BASIS.

* DOUBLE DIGIT GROWTH IN GROUP PROFIT BEFORE TAX YEAR-ON-YEAR, ON BOTH CONSTANT CURRENCY AND REPORTED BASES, WITH IMPROVED PROFIT MARGIN.

* GROUP REMAINS ON TARGET TO DELIVER ITS REVENUE, PROFIT, FREE CASH FLOW AND LEVERAGE TARGETS FOR YEAR. Source text for Eikon: Further company coverage: (Reporting By UK Bureau)

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