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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Go-Ahead Group plc    GOG   GB0003753778

GO-AHEAD GROUP PLC (GOG)
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Go-Ahead Group plc : Go-Ahead Shortlisted for Thameslink Rail Franchise

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03/29/2012 | 08:56am CEST

The Go-Ahead Group plc6th Floor, 1 Warwick Row, London  SW1E 5ER
Telephone 020 7821 3939   Facsimile 020 7821 3938


Press Release

29 March 2012

The Go-Ahead Group plc

("Go-Ahead" or the "Group")

Go-Ahead shortlisted for Thameslink rail franchise

Go-Ahead and its joint venture partner Keolis (Govia) are delighted to be shortlisted to bid for the Thameslink franchise.

We are a highly experienced rail operator with a proven ability to deliver passenger improvements. With a wealth of knowledge of the proposed Thameslink network and vast experience of the London commuter rail market we believe we are well placed to deliver a successful bid.

Our experienced permanent bid team will be working hard over the coming months to understand the aspirations of stakeholders and we look forward to receiving the Invitation to Tender document from the Department for Transport.

Unfortunately we have not been shortlisted to bid for the Essex Thameside franchise and we will be seeking feedback from the Department for Transport.

For further information, please contact:

The Go-Ahead Group  

Sam Hodder, Group Corporate Affairs Director 020 7821 3928

Catherine Robertson, Group Investor Relations Manager 020 7821 3927

About Go-Ahead

Go-Ahead is a leading UK public transport operator, providing high quality services in the bus and rail sectors. Employing around 22,000 people across the country, over one billion passenger journeys are undertaken on our services each year.  We are committed to operating our companies in a safe, socially and environmentally responsible way and are proud to have been awarded the Carbon Trust Standard after taking action on climate change. In addition to the travelling public, our customers include the Department for Transport, Transport for London (TfL) and local authorities.

Rail

Our rail division operates the Southern (including Gatwick Express), Southeastern and London Midland franchises through our 65% owned subsidiary Govia. It is the busiest rail operation in the UK, responsible for nearly 30% of all UK passenger rail journeys. In December 2009, Southeastern began operating the UK's first high speed domestic rail service between Kent and London, significantly reducing journey times.

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This press release was issued by Go-Ahead Group plc and was initially posted at http://otp.investis.com/clients/uk/go-ahead/rns/regulatory-story.aspx?cid=64&newsid=243032 . It was distributed, unedited and unaltered, by noodls on 2012-03-29 08:36:07 AM. The issuer is solely responsible for the accuracy of the information contained therein.

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Financials ( GBP)
Sales 2018 3 260 M
EBIT 2018 129 M
Net income 2018 79,6 M
Finance 2018 165 M
Yield 2018 5,47%
P/E ratio 2018 10,01
P/E ratio 2019 12,30
EV / Sales 2018 0,20x
EV / Sales 2019 0,25x
Capitalization 806 M
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 19,4  GBP
Spread / Average Target 3,7%
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NameTitle
David Allen Brown Group CEO & Non-Executive Director
Andrew James Allner Chairman
Simon Patrick Butcher Chief Financial Officer & Director
Katherine Christina Mary Innes Ker Senior Independent Director
Adrian Ewer Independent Non-Executive Director
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