StockMarketWire.com - National Express reported a 14.5% increase in group revenue, on a reported basis, in the third quarter of the year, buoyed by strong performance in markets outside the UK. The company’s Spanish and Moroccan division, ALSA, along with operations in North America helped push operating profit up 14.3% on the same period a year ago.

Dean Finch, group chief executive of National Express, said: "With these results, the further delay to Spanish concession renewal and our recent successes in winning, retaining and mobilising significant contracts, our outlook remains positive."

The company is to retain its focus on operational excellence to drive shareholder returns and maintain profit growth in the coming year.

In the UK, the company’s revenue from bus and coach operations was up 3.2%.


At 8:22am: [LON:NEX] National Express Group PLC share price was +4.6p at 456.4p



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