Go-Ahead is Olympics winner
Ferrying sports fans around London during the Olympics meant
Go-Ahead (GOG) finished the first half ahead of City forecasts. Management expects the bus business to beat full-year forecasts, too, which it must if it's to offset further weakness in rail. Analysts at Investec Securities certainly think it will. They expect buses will generate nearly three-quarters of their £100.5m operating profit estimate for the 12 months to June to produce adjusted EPS of 134.1p (141.2p in 2012).
By Lee Wild,
21 February 2013