Annual Update

Highlights

  • Strong Group performance delivering good returns for shareholders
  • Adjusted earnings per share* up 27.3% to 23.8p
  • Full year dividend up 9.2% to 7.1p
  • Completing review of capital structure – will report conclusions in August 2011
  • Further megabus.com expansion driving revenue growth in North America
  • Sector-leading profit margin and good passenger volume growth trends at UK Bus
  • UK Rail underpinned by operational delivery and customer satisfaction
  • Shortlisted for Greater Anglia and West Coast rail franchises; Virgin Rail Group in discussions about a franchise extension at West Coast
  • Positive outlook for the Group’s greener, smarter public transport services

Group revenue

Group revenue by division: UK Bus regions - 37.3%, UK Bus London - 5.6%, UK Rail - 44.8% and North America - 12.3%.

Opening profit adjusted earning per share

Adjusted earnings per share for the year ended 30 April: 2007 - 11.7p, 2008 - 20.3p, 2009 - 22.9p, 2010- 18.7p and 2011 - 23.8p.

Divided per ordinary share

Dividend per ordinary share for the year ended 30 April: 2007 - 4.1p, 2008 - 5.4p, 2009 - 6.0p, 2010- 6.5p and 2011 - 7.1p.

Total shareholder return

Total shareholder return - Five year comparative performance to 30 April 2011: Stagecoach Group 157.7%, First Group - -5.2%, Go-Ahead - -4.3%, National Express - -35.0%, FTSE 350 Travel and Leisure - 3.9% and FTSE 250 - 39.6%.