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Evening Standard
Evening Standard
World
Ross Lydall

Go-Ahead profits fall by 23% after Southeastern loss

One of the UK’s biggest transport groups saw its income and profits collapse by roughly 20 per cent after it was stripped of the Southeastern trains franchise, it can be revealed.

Go-Ahead saw its global revenues tumble by £700 million to £3.2 billion and profits fall by 23 per cent, from £115 million to £89 million, “largely due” to the loss of South-eastern.

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