Friday, July 6, 2007

UPDATE 1-Laidlaw posts higher profit, reaffirms outlook

(Reuters) - The company, which is being acquired by FirstGroup Plc
, Britain's biggest bus company, also reaffirmed its
profit outlook for the rest of the year.




Laidlaw's net income in the third quarter rose 79 percent
to $61 million, or 76 cents a share, from $34.1 million, or 35
cents a share, in the year earlier quarter. Last year's results
included a loss of 9 cents a share from discontinued
operations.


Read more at Reuters.com Market News

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