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Go-Ahead’s bus profits top £100m

16 September 2016

Go-Ahead made £100m operating profit from its bus operations for the financial year ending 2 July, according to preliminary results.

Adjusted operating profit was £100.4m, with £53.3m from regional bus operations and £47.1m from London operations.

Rail adjusted operating profit was £57.0m, with a margin of 2.3%.

The adjusted results exclude amortisation, goodwill impairment, exceptional operating costs and the incremental impact of IAS 19 (an...

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