Nat Express profits rise

TRANSPORT group National Express said first half revenues grew across its bus and rail businesses and that it expects to continue performing well in the second half of the year.

“I expect National Express to deliver a significant improvement in financial performance this year,” chief executive Dean Finch said.

The company said revenues at its UK rail and coach units increased seven per cent in the six months to the end of June, with British bus sales rising six per cent.

The news follows peer Stagecoach’s strong results on Wednesday.