25th Aug 2006 12:00
Stagecoach Group PLC25 August 2006 Stagecoach Group plc25 August 2006 Stagecoach Group plc Annual General Meeting - Trading update Extracts of a speech by Robert Speirs, Chairman of Stagecoach Group plc, at the26th Annual General Meeting of the Company held today at Perth Concert Hall: "The current financial year ending 30 April 2007 has started well and trading isin line with our expectations. "We believe there are further opportunities to increase shareholder value bygrowing our bus and rail businesses in the UK and North America. We havesubmitted a strong bid for the new South Western rail franchise with acommitment to customers and the Government to deliver high quality, innovativeand value-for-money services. We will also evaluate other opportunities togrow our rail portfolio. "The disposal of our London bus operations is progressing to plan and we expectit to be completed shortly. "Overall, the Group has made a promising start to the financial year." CONTACTS: TelephoneStagecoach Group plcMartin Griffiths, Finance Director 01738 442 111Steven Stewart, Head of Media & Public Affairs 01738 442 111 SmithfieldJohn Kiely 020 7360 4900 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGC.L