AUS
NZ
UK
CA
USA
IND
Highlights
- Go-Ahead Group’s revenue rose by 3.1% year-on-year to £2,070.2 million in H1 2021 compared to £2,007.3 million in H1 2020.
- First South West Limited, FirstGroup’s wholly-owned subsidiary, took over the remaining 50% stake in Somerset Passenger Solutions Ltd from JJP Holdings.
- National Express Group’s underlying profit reached £22.9 million in H1 2021 compared to a loss of £30.6 million in H1 2020.
Commuter journeys on railways in Britain stood at 45% of the pre-pandemic levels. According to the Rail Delivery Group (RDG), work related commute in terms of the number of train journeys made in mid-October was less than half of that in 2019. However, it represented an increase from 33% in August, as many people continue to work from home. The capital city of London witnessed the slowest recovery in commuter journeys, with demand recorded at 41% of pre-COVID levels compared to 54% in the rest of Britain.
The RDG said rail service operators are stepping up cleaning of trains and providing information to help passengers avoid peak hour travel. The body also added that 80% of all the carriages on the railways are deployed with systems that can refresh air every six to nine seconds.
Go-Ahead, FirstGroup & National Express, these three companies are in train and other transport business, let us explore the investment opportunity within.
(Data source: EODHD/Others)
The Go-Ahead Group Plc (LON:GOG)
Go-Ahead is a major public transport company in the UK and an operator of bus and rail services. UK Power Networks Services completed a study for Go-Ahead Group to transition its 5,000-bus fleet to zero-emissions technology.
The shares of The Go-Ahead Group are trading at GBX 806.50, up by 2.74% at 8:55 AM BST on Monday, 1 November 2021. The shares of the company gave a return of 38.27% to shareholders in the last one year, and the market cap stands at £338.94 million.
Go-Ahead Group’s adjusted operating profit was £56.1 million in H1 2021 compared to £60.0 million in H1 2020. Its revenue rose by 3.1% year-on-year to £2,070.2 million in H1 2021 compared to £2,007.3 million in H1 2020.
FirstGroup Plc (LON:FGP)
FirstGroup is FTSE 250 listed transport service provider in the UK. In October, FirstGroup announced the sale of Greyhound Lines to FlixMobility, to focus on its UK public transport business. First South West Limited, FirstGroup’s wholly-owned subsidiary, took over the remaining 50% stake in Somerset Passenger Solutions Ltd from JJP Holdings.
The shares of FirstGroup are trading at GBX 101.20, up by 0.40% at 8:59 AM BST on Monday, 1 November 2021. The shares of the company gave a return of 146.47% to shareholders in the last one year, and the market cap stands at £1,232.54 million.
FirstGroup’s revenue for the year ended 31 March 2021 was £6,845.0 million compared to £7,754.6 million in 2020. The company’s adjusted pre-tax profit declined from £109.9 million in 2020 to £39.4 million in 2021.
National Express Group Plc (LON:NEX)
National Express Group is a UK-based public transport company that operates the train, bus and coach services in the US, UK, Ireland, Canada, Portugal, Spain, Malta, Bahrain, Germany, and Morocco. National Express and Stagecoach Group inked an agreement to extend their merger negotiations to November 16.
The shares of National Express Group are trading at GBX 234.80, up by 2.71% at 9:00 AM BST on Monday, 1 November 2021. The shares of the company gave a return of 56.85% to shareholders in the last one year, and the market cap stands at £1,403.80 million.
National Express Group’s revenue was £0.99 billion in H1 2021 compared to £1.03 billion in H1 2020. Its underlying profit reached £22.9 million in H1 2021 compared to a loss of £30.6 million in H1 2020.
