Friday, 29 July 2011

National Express Profits Increase

National Express has seen profits from its regional rail operations rise by £11m this year.  The group which runs trains on the C2C franchise out of Fenchurch Street as well as the NXEA operation said operating profits from its UK rail division rose from £16.1m in the first half of 2010 to £27.1m in the first six months of this year.

The group credited the tight control of costs, the “relatively stronger economies of London and the South East”, and increasing rail revenues - up by 8pc to £335.1m - for the rise in profits.

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