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Bus losses at VDL

Bus losses at VDL Bus losses at VDL
The VDL Group’s revenue in the first six months of 2011 was €891million (£765million), up from €683million (£587million) in the same period last year. Profit after tax was also up at €42.5million (£36.5million), from €26.5million (£22.8million) over the first six months of 2010.

Turnover at the group’s bus and coach business in the half year rose from €210million (£180million) to €217million (£186million) – but the bus and coach operation made an unspecified loss which the company attributes to the high development costs for new products.

www.vdlgroep.com
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