First, Arriva & Stagecoach all with negative City reports

[Tony]

Arriva sees profits drop

http://www.chroniclelive.co.uk/business/business-news/arriva-plc-sees-profits-drop-11539916

First sees no growth

http://www.passengertransport.co.uk/2016/06/first-eyes-further-cost-cuts-as-growth-slows/

Stagecoach profits down 37%
(although share price rises because they are selling European Megabus)

http://www.cityam.com/244400/stagecoachs-share-price-jumps-after-announces-offload

[winston]

Go-Ahead Group Rail profits are set to tumble due to Thameslink, whilst the bus division hit the £100 million  profit target.

NX Group seems to be the only UK transport group that is currently growing profits & turnover year on year