September 7, 2017 / 6:34 AM / 17 days ago

Go-Ahead targets overseas growth as domestic strikes hit profit

Sept 7 (Reuters) - Transport company Go-Ahead Group has set a target of generating 15 percent to 20 percent of its profit from outside the United Kingdom within five years, it said on Thursday.

The British company, which lowered its full-year profit forecast in February after strikes on Southern railways, said its operating profit fell to 150.6 million pounds ($196 million) for the year ended July 1 from 162.6 million pounds.

Go-Ahead said its results were in line with expectations. ($1 = 0.7670 pounds) (Reporting by Esha Vaish in Bengaluru; editing by David Clarke)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below