Go-Ahead warns on profits

Go-Ahead warns on profits

A mix of bad weather and profit underperformance in Go-Ahead’s (GOG) regional bus division have prompted a reduction to the transport group’s full-year profit forecasts. Rail operating profits fell to £14.7m from £17.6m, after the group’s German rail operations were affected by contractual performance penalties, the late delivery of new rolling stock and a shortage of drivers.

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