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The travel group said in a market update that cost efficiencies have helped offset falling revenues among its operations in the UK and Spain, meaning its full-year profit is on track to meet expectations.
Shares in the firm were down slightly in morning stock market trading following the announcement, retreating 0.3p to 186p at 09:20 GMT.
National Express revealed a four per cent increase in underlying revenue growth in its UK Coach business, while the figure for UK Bus was two per cent higher, in spite of increasing unemployment threatening to decrease passenger numbers.
John Devaney, executive chairman, said that the company has "tackled and resolved" the issues it faced during what has been a "challenging" 12 months.
It completed a rights issue during the fourth quarter and Mr Devaney added that "National Express will enter 2010 on a sound basis" thanks to the efforts made during 2009.
Posted by Greg Secker
