Go-Ahead Group PLC Go-Ahead Group: Full year results publication date (9505J)
27 August 2021 - 4:00PM
UK Regulatory
TIDMGOG
RNS Number : 9505J
Go-Ahead Group PLC
27 August 2021
The Go-Ahead Group plc 4 Matthew Parker Street,
London, SW1H 9NP
Telephone 020 7799 8999
PRESS RELEASE
27 August 2021
THE GO-AHEAD GROUP PLC
("GO-AHEAD" OR "THE GROUP")
Full year results publication date
The Group announces that its full year results for the year
ended 3 July 2021 will now be published on 30 September 2021
(previously 9 September 2021). This revised date reflects ongoing
discussions with the Department for Transport regarding the
historic calculation of the Southeastern profit share over a number
of years, as disclosed as a contingent liability in the Group's
accounts for the year ended 27 June 2020, and related additional
matters. Consequently, the Group and Deloitte, the Group's auditor,
need additional time to finalise their procedures.
The Group's trading results for the year ended 3 July 2021
remain in line with the Board's previous expectations.
ENDS
For further information, please contact:
Investor Relations 07835 691 828
Press office 07977 343 846
GO-AHEAD
Go-Ahead is one of the leading UK public transport operator
companies. Our purpose is to be the local partner taking care of
journeys that enhance the lives and wellbeing of our communities
across the world. Employing around 30,000 people across our
businesses, typically over 1.2 billion passenger journeys are
undertaken on our rail and bus services every year. In addition to
the travelling public, our customers include governments and local
authorities. We are committed to contributing to tackling climate
change, improving air quality and reducing social isolation, and
aim to run a zero emission bus fleet by 2035.
BUS
Go-Ahead is one of the UK's largest bus operators. With a fleet
of nearly 6,000 buses, we carry over two million passengers every
day. We have a strong presence in London, with around 24 per cent
market share, where we provide regulated services for Transport for
London. Outside London, we principally serve high-density commuter
markets, including the North East, Greater Manchester, East
Yorkshire, East Anglia, South East and South West England.
Internationally, we operate a bus contract in Singapore and two bus
contracts in Ireland.
RAIL
The rail division operates two franchises in the UK, three
contracts in Germany and one in Norway. In the UK, Southeastern and
GTR (Govia Thameslink Railway) operate through our 65 per cent
owned subsidiary, Govia, which is 35 per cent owned by Keolis. It
is the largest rail operation in the UK, responsible for around 30
per cent of all UK passenger rail journeys through its rail
franchises. In Germany and Norway, our contracts are run
exclusively by Go-Ahead.
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END
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