Stagecoach increases its 2015 interim dividend by 10.3%

DividendMax Ltd.

Stagecoach increases its 2015 interim dividend by 10.3%


Adjusted earnings per share up 3.4% to 15.1 pence (2013: 14.6 pence)

o No material change to our full year expectation

Interim dividend per share up 10.3% to 3.2 pence (2013: 2.9 pence)

Continued passenger volume growth in commercialised UK bus market

o Successful partnership working with government, investment and low fares

o Significant further investment in technology improvements for customers

o Working with other bus companies to deliver smart multi-operator ticketing in key city regions during 2015

Expansion of coach operations in Europe

Commercial initiatives to further grow in North America

Encouraging momentum in UK rail sector

o New InterCity East Coast franchise due to commence in March 2015

o West Coast Trains franchise through to 2017 and performing strongly

o Planning for direct awards of new South West Trains and East Midlands Trains franchises in second-half of 2015

o One of three shortlisted bidders for TransPennine Express franchise

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