| CATEGORY: SMALL CAPS NEWS SECTOR: TRAVEL & LEISURE |
Rotala sees FY in line |
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Mon 07 Dec 2009
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LONDON (SHARECAST) - Transport group Rotala said it expects full year results to be in line with market forecasts and expects to pay a dividend for the year ending 30 November.
The acquisitive bus operator, which has started new bus operations in Bath, Birmingham and Worcester, added that it expects the excellent customer retention trend to continue in the year ahead.
Rotala also confirmed that it has secured a grant of £2.9m under the Department of Transport's £30m Green Bus Fund initiative.
The aim of the Fund is to help bus operators acquire low carbon buses, the group explained.
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