(Reuters) – British transport operator Go-Ahead said on Tuesday it will reinstate its pre-COVID-19 policy of paying a dividend to shareholders from fiscal year 2022, which will be equivalent to between 50% and 75% of underlying earnings per share.
The group, which has been under scrutiny in recent months for a slew of financial irregularities, also said it is targeting an operating profit of at least 150 million pounds ($196.92 million) in the medium term, after it concluded a business review by new Chief Executive Christian Schreyer.
($1 = 0.7617 pounds)
(Reporting by Muhammed Husain in Bengaluru; editing by Uttaresh.V)
