Second half revenues rise 10% for London Midland

RAIL operator London Midland has seen a 10% rise in revenue during the past six months with passenger journeys rising around 5%.

Transport group Go-Ahead has not put any monetary value on the figures in its pre-close update but it said it was pleased with the performance of its rail franchises, which together with it bus business had been better than expected.

The group, which also operates the Southern and Southeastern franchises, said revenue growth had been robust during the second quarter in all three busi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...