Rail and bus firm Stagecoach has hailed a "fundamental shift" in attitudes to public transport as it reported a healthy jump in profits.
It said growth in passenger numbers on its rail and bus services was due, in part, to growing concerns about congestion and climate change.
Pre-tax profits for the year to 30 April rose from £162m to £174m as sales increased by 16% to £1.76bn.
Its rail franchises include South Western and East Midlands Trains.
Stagecoach said the UK rail sector was undergoing a "renaissance" due to increased demand, investment and more effective marketing.
Sales at its rail operations rose 36% to £777.8m during the period, while its share of profit from its Virgin Rail Group joint venture - which operates trains on the west coast mainline between London and Glasgow - rose from £13.5m to £32.2m.
http://news.bbc.co.uk/1/hi/business/7472640.stm
You have to love the pic of the Mk1 coaches that were got rid of years ago.
It said growth in passenger numbers on its rail and bus services was due, in part, to growing concerns about congestion and climate change.
Pre-tax profits for the year to 30 April rose from £162m to £174m as sales increased by 16% to £1.76bn.
Its rail franchises include South Western and East Midlands Trains.
Stagecoach said the UK rail sector was undergoing a "renaissance" due to increased demand, investment and more effective marketing.
Sales at its rail operations rose 36% to £777.8m during the period, while its share of profit from its Virgin Rail Group joint venture - which operates trains on the west coast mainline between London and Glasgow - rose from £13.5m to £32.2m.
http://news.bbc.co.uk/1/hi/business/7472640.stm
You have to love the pic of the Mk1 coaches that were got rid of years ago.
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