Perth-based Stagecoach was in positive mood after reporting growth across the majority of its divisions.
It told investors overall profitability “remained satisfactory” and said there had been no significant change to expected adjusted earnings per share for the current financial year.
The firm’s regional UK Bus operation performed strongly in the period, with a 5% increase in like-for-like revenues in the 24 weeks to October 13.
The North American bus arm also enjoyed a 7.3% sales uplift in the five months to September 30.
Stagecoach also said its UK Rail operation had performed in line with expectations in the period to October 13, while its joint venture train company Virgin Rail Group saw a 6.1% sales increase.
However, the London-based bus operation suffered a 1.6% decrease in sales in the period.
Stagecoach said it expected that position to turn around in the second half of the year as revenues from nine new contract wins came on stream.
