Wrightbus pre-tax profits almost treble

Double-deckers for London Transport Wrightbus has been contracted to build 608 double-deckers for London Transport.

Related Stories

Wrightbus, the Ballymena-based bus builder, has reported a near trebling of pre-tax profits for 2012.

The firm made £3.85m on turnover of £157m an improvement in 2011 when it returned £1.32m on turnover of £133m.

The directors said the performance was "satisfactory", showing "reasonable growth in most business sectors".

They added that 2013 had started well with many UK operators ordering buses ahead of new emissions regulations.

The shareholders, the Wright family, received a £2m dividend.

A note in the accounts states that a "substantial" amount of that dividend will be used to finance new manufacturing facilities in the UK and overseas.

Over the year employment at the firm rose from 900 to more than 1,000. The wage bill rose from £25m to £30m.

Wrightbus has been contracted to build 608 double-deckers for London Transport.

The buses are intended as a greener more accessible successor to the famous London Routemaster.

This year, it won a £28m order for 179 buses from the biggest bus and rail operator in the UK.

More on This Story

Related Stories

More Northern Ireland stories

RSS

Features & Analysis

Elsewhere on the BBC

  • MonkeyMeet the tarsier

    The BBC travels to a Philippine island that is home to the world's oldest primate

Programmes

  • Francis Rossi, co-founder of band Status QuoHARDtalk Watch

    Status Quo's Francis Rossi explains how alcohol led him to take cocaine

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.