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Go-Ahead Group PLC Shares News & Articles

Market report: Intu property buyout falls through, funerals probe and Britvic sweet no sugar switch

Plans to buyout UK shopping centres operator Intu Properties (INTU) have fallen through after a consortium led by the group’s chairman John Whittaker pulled the plug. This comes a huge disappointment to investors in the owner of Manchester's Trafford Centre, sparking a massive 38%-plus slump in the Intu share price, to 117.85p. That values the business at about £1.6bn. This is the second ...

Go-Ahead beats expectations as DfT ponders potential action following timetable havoc

Train operator Go-Ahead (GOG) has continued its strong performance with trading in the year to 30 June exceeding expectations thanks to a strong performance in its rail division. Operating profit of £135.9m beat analysts’ forecasts of £131.2m by approximately 4%. Shares in the Southern and Southeastern operator surged 14.4% to £18.70. Pre-tax profit is up 6.5% at £145.7m. Profit was ...

Go-Ahead accelerates on strong Southern Rail performance and London Midland sale

An improved operational performance at Southern and the sale of the London Midland franchise provides a boost for Go-Ahead (GOG), which hikes full year expectations for the rail division alongside its first half numbers. It is a welcome turnaround for the transport operator from last year after passenger journeys declined on Southern services and dragged on operating profit. Southern is run ...

Pubs, gaming firms and gold miners among handful to survive the stock market sell-off

Pubs, gaming firms and gold miners are among the handful of UK-quoted companies largely escaping Tuesday's stock market sell-off. Gold prices rose 0.7% at $1,342 per ounce on Tuesday. Gold is typically seen as a ‘safe haven’ during geopolitical crises or stock market crashes so it comes as little surprise that investors are today turning to the metal. Today's increase in the gold price ...
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