Highlights
Strategic and operational progress
- Won the UK's largest rail franchise, Thameslink, Southern and Great Northern (TSGN)
- Sector leading customer satisfaction of 92% in deregulated bus
- Record passenger numbers in bus and rail
- Shortlisted for Northern and TransPennine Express rail franchises
Delivering financially
· Good progress towards bus operating profit target of £100m by 2015/16
· Profit before tax and exceptional items increased by 25.4% to £79.1m
· Adjusted earnings per share increased by 26.4% to 148.6p
· Strong free cashflow and reduced net debt despite increased investment in the business
· Proposed full year dividend increased by 4.3% to 84.5p per share in line with progressive policy
