26 June 2008

Go Ahead of expectations

The Go-Ahead Group plc has announced its pre-close trading update for the year ending 28 June 2008. Highlights of its report are:

• Continued strong revenue growth in bus

• Excellent rail performance

• Significant progress in restructuring aviation services

• Bus fuel hedges now in place for 100% of next financial year’s requirements at an average of 43p per litre

As a result, it now anticipates delivering a full year performance ahead of its previous expectations in April and significantly ahead of its record results last year.