Highlights
· Adjusted earnings per share up 3.7% to 27.7 pence (2015: 26.7 pence)
· Dividend per share up 8.6% to 11.4 pence (2015: 10.5 pence)
· £187.0m (2015: £140.9m) net capital investment from strong cash generation
o Investing in further enhancing customer experience on bus and rail to drive future growth
· Sale of "retail" part of megabus Europe to FlixBus
· Actions to stimulate growth in UK Bus: low fares strategy, digital improvements and continued investment
· One of two shortlisted bidders for new South West Trains rail franchise
· Strong financial position - successful re-financing of £400m bonds
· No significant change to our expected 2016/17 adjusted earnings per share