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National Express hits record sales and profit

Organic profit growth across all the group's divisions contributed to the group's record earnings
February 28, 2020

National Express (NEX) accompanied its latest results announcement with a series of environmental pledges. The group will not buy another diesel bus in the UK, is targeting a fully zero-emission bus and coach fleet by 2035, and is including environmental targets in all senior executive share schemes. Welcome news on the environmental front, but one wonders what these measures mean for the group’s operations outside the UK, which contributed a touch over 78 per cent of its revenues in 2019.

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