Stagecoach Posts Rise In H1 Profit, Lifts Dividend
Stagecoach Group PLC (OTC: SAGKF) reported an increase in its first-half pretax profit and lifted its interim dividend by 12%.
Stagecoach Group's pretax profit for the period surged to 98.5 million pounds, from GBP96.8 million, in the year-earlier period.
Its adjusted pretax profit gained to GBP105.6 million from GBP104.4 million, while adjusted diluted earnings per share climbed to 14.4 pence from 13.9 pence.
Stagecoach Group's revenue jumped to GBP1.47 billion from GBP1.40 billion. It also lifted its interim dividend per share to 2.9 pence from 2.6 pence.
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