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Go-Ahead targets overseas growth as domestic strikes hit profit

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Go-Ahead targets overseas growth as domestic strikes hit profit

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(Reuters) – Transport company Go-Ahead Group <GOG.L> has set a target of generating 15 percent to 20 percent of its profit from outside the United Kingdom within five years, it said on Thursday. The British company, which lowered its full-year profit forecast in February after strikes on Southern railways, said its operating profit fell to 150.6 million pounds ($196 million) for the year ended July 1 from 162.6 million pounds. Go-Ahead said its results were in line with expectations.

(Reporting by Esha Vaish in Bengaluru; editing by David Clarke)
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