Go-Ahead wins first Norway rail contract
17th Oct 2018 11:25
(Sharecast News) - Transport operator Go-Ahead Group said on Wednesday that it has won the first rail contract to be awarded in Norway.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read moreGo-Ahead Group ends year ahead of expectations despite rail struggles
6th Sep 2018 07:22
(Sharecast News) - Go-Ahead Group issued its results for the year ended 30 June on Thursday, reporting a 0.6% fall in revenue to £3.46bn, and a 9.8% drop in operating profit pre-exceptional items to £135.9m.
Read moreGo-Ahead CFO Patrick Butcher heading over to Capita
22nd Aug 2018 07:23
(Sharecast News) - Go-Ahead Group announced on Wednesday that group chief financial officer Patrick Butcher would be leaving the company, to join Capita as CFO there.
Read moreUK commuters brace for 3.5% rail fare rise
13th Aug 2018 12:48
(Sharecast News) - Britain's long suffering commuters are bracing themselves for another large rise in rail fares, with a jump of 3.5% expected from January 2019.
Read moreMore misery pending as Aslef rejects Go-Ahead's Southern deal
16th Feb 2017 14:06
(ShareCast News) - Members of the Aslef union have rejected a deal with the Southern passenger train brand, which would have spelt the end to a long-running and painful dispute on the rails in southern London and the South of England. The union had been in dispute with Southern's operator, Govia Tha
Read moreSouthern Rail agrees deal with unions to avert driverless strikes - reports
2nd Feb 2017 15:21
(ShareCast News) - The operators of the Southern rail franchise, Go-Ahead Group's Govia Thameslink joint venture, have reportedly struck a deal with train drivers over operating driverless trains. An agreement between Govia and drivers' union Aslef were expected to be announced later on Thursday,
Read moreSunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes
22nd Jan 2017 15:04
(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read moreSix-day Southern strike slashed in half, but mayor wants more
4th Jan 2017 10:11
(ShareCast News) - Long-suffering commuters on Southern Railway services were handed some reprieve on Wednesday, with the news a planned six-day drivers strike was to be halved. Drivers belonging to the Aslef union were due to walk out for six days from 10 January, wreaking havoc in the first full w
Read moreGo-Ahead flags profit concerns due to Southern rail dispute
15th Dec 2016 08:19
(ShareCast News) - In light of the ongoing industrial disputes over its Govia Thameslink rail franchises, Go-Ahead Group has warned that full year revenues will be slightly lower and costs higher. In a pre-close trading update for its first-half to end-December, the FTSE 250 group said its bus divis
Read moreStrike action and TfL switcheroo unlikely to hit UK train ratings, Fitch says
13th Dec 2016 15:23
(ShareCast News) - With UK train companies' debt coming under the investor microscope, ratings agency Fitch Ratings said the current uncertainty in the rail market and various industrial strikes were unlikely to have an effect on their credit ratings. Incumbent rail operators rated by Fitch include,
Read moreGo-Ahead's Southern rail contract extended until December
6th Dec 2016 12:03
(ShareCast News) - The Department of Transport has extended Go-Ahead's contract for the Southeastern franchise by 24 weeks until December 2018. The franchise was due to end in June 2018 but it contained a clause that can be invoked by the DfT to extend the agreement on existing terms. Southeastern
Read moreGo-Ahead changes accounting policy for rail pension schemes
29th Nov 2016 11:56
(ShareCast News) - Go-Ahead has changed its accounting policy for rail pension schemes in line with its commitment to transparent reporting and to be consistent with emerging industry practice, a move that has pushed up its statutory profit. The FTSE 250 transport operator said its balance sheet onl
Read moreUnseen debts may derail UK bus and rail bidding plans
24th Nov 2016 13:13
(ShareCast News) - Some big changes may be coming to the way companies bid for big UK rail and bus franchises, HSBC has predicted. The bank, which downgraded Firstgroup to a 'reduce' rating but kept a 'buy' on both Go-Ahead Group and National Express, has taken a deep dive into the bus and rail oper
Read moreGo-Ahead maintains outlook despite Southern Rail strikes
1st Nov 2016 07:14
(ShareCast News) - FTSE 250 transport operator Go-Ahead said its expectations for the full year remain unchanged, as it reported "robust" trading in the first quarter despite a series of Southern Rail strikes. In the period from 3 July to the end of October, group revenue in the bus division grew ar
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