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Article: Rail group's profits crash as demand falls; TRANSPORT: National Express finds business slow going.(Business)
- Article from:
- Western Mail (Cardiff, Wales)
- Article date:
- September 18, 2002
CopyrightCOPYRIGHT 2002 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: GRAEME EVANS
BRITAIN'S biggest rail operator National Express unveiled sharply lower pre-tax profits yesterday.
Poor demand, industrial action and infrastructure work were among factors blamed for the disappointing showing by its trains division.
The National Express portfolio includes Midland Mainline, ScotRail and Gatwick Express franchises, but operating ...