Stagecoach has reported revenue growth to £1.17bn, up from £928.2m the year before, while adjusted operating profits also rose to £72.7m, from £48.1m in 2021.
However, the Perth-headquartered transport group's preliminary results for the year ended 30 April 2022 also noted that the growth in adjusted operating profit reflects that revenue growth and payments from the UK and Scottish governments for continuing public transport services.
Unadjusted operating profit was £66.9m - although this was still up from a restated £28.2m the previous year - while adjusted earnings per share were 7 pence, up from 2.7p.
