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ANALYST VIEWS: WHAT DO YOU MAKE OF STAGECOACH’S RESULTS?

MANOJ LADWA | ETX CAPITAL
“Despite a series of one-off costs impacting profitability, Stagecoach still managed to post a robust set of full-year numbers. Along with an increase in dividend and positive comments from Fitch, shareholders will be encouraged by plans to expand abroad.”

DOUGLAS MCNEILL | CHARLES STANLEY
“The numbers are down but are broadly in line with what was expected. It has been a difficult year on the rail side of the business and the US operations have suffered from a decline in the leisure market. However, things do look to be improving.”

AAMER NAWID | FAT PROPHETS
“Given that Stagecoach operates in both the UK and the US, management should take a great deal of credit for these results. It is highly likely that austerity measures here in the UK will negatively impact passenger numbers.”