In October, Go-Ahead was removed from the franchise and has admitted to severe problems and mistakes in how it ran Southeastern.
Shares in train firm Go-Ahead Group were suspended to provide the auditor of its much more time to finalize delayed full-year success in the wake of the Southeastern franchise scandal.
Go-Ahead said it was helping accountancy group Deloitte being the earnings of its for the entire year to July three 2021 published “as soon as possible,” with the effects anticipated before the conclusion of January.
In December, it was discovered that it would have to drive back again the release of the figures observing an investigation into Southeastern’s performance, which means it will miss the six-month deadline to file yearly outcomes and should use to suspend share trading under regulatory rules.
In October, Go-Ahead was removed from the franchise, with the Government seizing command of the rail agreement following the firm mentioned severe problems and mistakes in how it ran Southeastern.
The firm didn’t declare much more than £25 million of historic taxpayer financial backing that ought to be returned.
Go-Ahead said in December it anticipated the Department for Transport to enforce a penalty on the team, though it stated the whole amount was not clear during the time.
Govia ran the franchise – a joint venture among Go-Ahead Group (sixty-five % Keolis and) (thirty-five %) – after 2006.
South eastern’s network is probably the busiest in Britain, stretching throughout southeast England, Kent, including London, East Sussex, and the High Speed one line.
Go-Ahead Group’s chief financial officer, Elodie Brian, resigned following the Government’s choice to dominate the franchise was announced.