Listed transport group National Express has seen losses increase despite welcoming a large rise in revenue.
The Birmingham-headquartered group, which runs bus, coach and rail services across the UK, Europe, the US and North Africa, posted a pre-tax loss for the year to 31 December 2022 of £209.9 million.
This was a significant climb on 2021’s pre-tax loss figure of £84.9 million, according to its latest annual results announced to the London Stock Exchange today.