Go-Ahead eyes tough rail conditions

Bus and trains operator Go-Ahead said it remains confident of delivering full year result in line with company expectations but warned its rail business will be hit by tough economic conditions in the next financial year.

Bus and trains operator Go-Ahead said it remains confident of delivering full year result in line with company expectations but warned its rail business will be hit by tough economic conditions in the next financial year.

"Looking ahead to the next financial year, we expect the performance of our bus business to remain strong. In rail, we expect slower than assumed economic growth rates to impact performance and, as stated in April, £6m of rail bid costs are forecast next year," it said in a company statement.

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