National Express revenues rise seven per cent

Suzie Neuwirth

BRITISH transport group National Express today announced that first-half revenues have grown seven per cent, in line with expectations.

The bus, coach and rail service operator said that it had seen growth across all five divisions and is on course to deliver between £125m and £150m of free cash flow in 2013 and 2014.

“I am pleased with our revenue improvement across the business, reflecting the attractive value and quality service we offer our customers,” said chief executive Dean Finch.

“I believe that the combination of organic growth and operational excellence, cash generation and new international contract opportunities will drive returns for National Express and our shareholders.”