Like-for-like (LFL) sales growth at FTSE 250 transport group Stagecoach accelerated across most of its divisions during its fiscal third quarter, while the overall profitability of the business 'has remained good'.
For the 40 weeks ended February 5th, LFL in UK Bus, the group's largest division, increased by 3%, compared with the 2.3% growth seen in the first half. Meanwhile UK Rail's LFL growth (excluding the tram businesses) accelerated from 8.6% to 9.5%.
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