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Stagecoach Says Commercial Sales At Local Regional Bus Operating Cos At Around 15% Of "Normal" Levels
Stagecoach warns on profit due to coronavirus
Sellafield Selects Stageocach As Preferred Bidder To Provide Bus Services
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in four segments: UK Bus (regional operations), megabus Europe, UK Bus (London), and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England. megabus Europe operates megabus.com inter-city coach services within mainland Europe and between the United Kingdom and mainland Europe. UK Bus (London) operates from approximately 10 depots and has a fleet of over 1,300 buses serving routes in and around east and south-east London. The UK Rail segment provides rail operations in the United Kingdom. It provides inter-city train services between London, Edinburgh, Newcastle, Leeds and York.
10 Dunkeld Road
Independent Chairman of the Board
Martin Andrew Griffiths
Chief Executive, Executive Director
William Elliott Whitehorn
Deputy Chairman and Senior Independent Non-Executive Director
Finance Director, Executive Director
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* COMMERCIAL SALES AT OUR LOCAL REGIONAL BUS OPERATING COMPANIES ARE NOW AT AROUND 15% OF "NORMAL" LEVELS
* STAGECOACH GROUP PLC - QUICKLY DEVELOPING COVID-19 SITUATION MEANS WE NO LONGER EXPECT TO ACHIEVE OUR PREVIOUS EXPECTATION
British transport company Stagecoach <SGC.L> is taking the government to court after it was excluded from bidding for rail contracts, in the latest clash between a private company and the state in the troubled rail franchising system.
British transport company Stagecoach is taking the government to court after it was excluded from bidding for rail contracts, in the latest clash between a private company and the state in the troubled rail franchising system.
Stagecoach Group Plc <SGC.L> said its founders will step down at the end of the year in a board overhaul as the transport operator focuses on bus and tram services after losing its UK rail franchises.
British transport operator Stagecoach Group Plc reported a 9% fall in first-half profit on Wednesday, as poor weather dragged earnings at its bus division and it lost some crucial franchises to operate rail routes in the country.
FirstGroup said on Wednesday Britain's transport authority awarded the West Coast Rail Partnership, which operates trains from London to Glasgow, to the transport group's joint venture First Trenitalia West Coast Rail.
** Shares of train and bus operator Stagecoach Group rise as much as 6.7% to 125.2 pence, last up 1.8%
** Shares of train and bus operator Stagecoach Group fall 4.5% to 121 pence
Rail operator Stagecoach is preparing for a future as a smaller firm operating buses and trams in Britain, as it faces exclusion from three important rail routes that could cost the company 1 billion pounds.
Stagecoach Group Plc reported higher annual profit on Wednesday, even as the bus and rail operator faces losing three important rail franchises that could wipe off 1 billion pounds from the company's books going forward.
Rail operator Stagecoach Group Plc is suing Britain's transport authority after being disqualified from bidding for the West Coast rail franchise along with partners SNCF and Virgin.
Rail operator Stagecoach Group Plc said on Friday it along with partners SNCF and Virgin had sued Britain's transport authority, after they were disqualified from bidding for the West Coast rail franchise citing pension concerns.
Stagecoach Group said on Wednesday it had begun legal action against Britain's Department for Transport after the company's bid to continue operating a rail route was rejected due to concerns over pensions.
Stagecoach Group said on Wednesday it had begun legal action against Britain's Department for Transport after bids to renew existing East Midlands and West Coast rail franchises were disqualified due to concerns over pensions.
Stagecoach Group said on Wednesday its bids to renew existing East Midlands and West Coast rail franchises had been disqualified due to concerns over pensions, sending shares in the bus and train operator down as much as 10 percent.
Stagecoach Group said on Wednesday it was disqualified from three UK rail franchise bids after officials informed the train and bus operator that its proposals did not meet some requirements related to pensions risk.
Shares in Stagecoach rose almost 13 percent on Wednesday after the British transport company bumped up its annual profit forecast, citing a strong performance at its rail businesses.
British transport company Stagecoach on Wednesday raised its full-year expectation for adjusted earnings per share, citing a strong performance at its UK Rail division.
The loss of a contract to run trains from London to Edinburgh cost Stagecoach <SGC.L> more than 85 million pounds ($111.20 million) and the British transport company cut its dividend to reflect its smaller rail business.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.