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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Stagecoach Group plc    SGC   GB00B6YTLS95

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Stagecoach Group plc : Stagecoach announces management appointments in UK and North America

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11/17/2011 | 11:16am CET

17/11/2011

Transport group Stagecoach has announced two new appointments within its bus operations in the UK and North America.

From 1 December 2011, Edward Hodgson will take over as Managing Director, Stagecoach West Scotland. His appointment comes as current West Scotland Managing Director Bryony Chamberlain takes up the post of Director of megabus.com based in North America.

Edward Hodgson returns to the UK after himself spending three years in the US in the role of Director of megabus.com where he successfully developed the rapid expansion of the inter-city and inter-state megabus.com network in North America. Prior to that, Edward was Commercial Director at Stagecoach South.

Bryony Chamberlain joined Stagecoach in 1996 as a graduate trainee. After progressing her career within the UK Bus Division, she joined Coach USA in 2006 to help develop the first megabus.com services. In 2009, Bryony returned to the UK and took up the post of Managing Director, Stagecoach Bluebird and Highlands before becoming Managing Director, Stagecoach West Scotland in 2010.

Stagecoach UK Bus Managing Director Les Warneford said: "I would like to welcome Edward back to the UK Bus Division and thank Bryony for the valuable contribution she has made here over the past few years. I wish them both every success in their new roles."

Dale Moser, President and Chief Operating Officer of megabus.com in North America, added: "We are looking forward to Bryony rejoining our team in North America, and
working with her to further expand the very popular megabus.com service in
the States. I'd also like to thank Edward for a job well done here and wish him all the best for the future."

For further information about Stagecoach Group, visit www.stagecoach.com

ENDS

media@stagecoachgroup.com

NOTES TO EDITORS

  • Stagecoach Group is a leading international public transport group, with extensive operations in the UK, United States and Canada. The company employs around 35,000 people, and operates bus, coach, rail, and tram services.
  • Stagecoach is one of UK's biggest bus and coach operators. Around 2.5 million passengers travel on Stagecoach's 8,100 buses every day on a network stretching from south-west England to the Highlands and Islands of Scotland. The company's business includes major city bus operations in London, Liverpool, Newcastle, Hull, Manchester, Oxford, Sheffield and Cambridge.
  • Stagecoach is a major UK rail operator, running the South West Trains, Island Line and East Midlands Trains networks. It has a 49% shareholding in Virgin Rail Group, which operates the West Coast inter-city rail franchise.
  • Stagecoach also operates the Supertram network in Sheffield.
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Financials ( GBP)
Sales 2017 4 006 M
EBIT 2017 190 M
Net income 2017 127 M
Debt 2017 370 M
Yield 2017 5,70%
P/E ratio 2017 9,67
P/E ratio 2018 10,95
EV / Sales 2017 0,39x
EV / Sales 2018 0,45x
Capitalization 1 194 M
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Number of Analysts 13
Average target price 2,35  GBP
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Martin Andrew Griffiths Chief Executive Officer & Executive Director
Brian Souter Chairman
Ross Paterson Finance Director & Executive Director
Ewan Brown Independent Non-Executive Director
Ann Heron Gloag Non-Executive Director
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