Join our community of smart investors

Stagecoach still side-tracked

RESULT: Economic weakness hits profits at Stagecoach
December 9, 2009

Stagecoach's results did not contain too many surprises as the deterioration in the group's rail divisions had been well flagged beforehand. And after its proposed tie-up with National Express fell through earlier in the autumn, all the transport group can now do is to wait for economic recovery to boost passenger numbers.

IC TIP: Hold at 153p