KM Financial Solutions | UPDATE 1-Stagecoach UK rail exit hurt earnings; founders to step down
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UPDATE 1-Stagecoach UK rail exit hurt earnings; founders to step down

UPDATE 1-Stagecoach UK rail exit hurt earnings; founders to step down

Transport operator Stagecoach Group Plc
reported a 9% fall in first-half profit on Wednesday,
hit by the loss of crucial franchises to operate rail routes in
the UK and said Chairman and co-founder Brian Souter will step
down this year.

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