January 16, 2018 / 7:29 AM / 4 months ago

BRIEF-National Express Sees Small Tax Credit In 2017 from U.S. Tax Reform

Jan 16 (Reuters) - National Express Group Plc:

* ANTICIPATED REDUCTION IN GROUP’S EFFECTIVE TAX RATE (ETR) FROM 1ST JANUARY 2018 DUE TO IMPACT OF US TAX CUTS AND JOBS ACT​

* ‍FORECAST OUR ETR WILL REDUCE FROM ANTICIPATED HIGH 20S, TO LOW 20S, IN PERCENTAGE POINTS​

* ALSO EXPECTED THAT MEASURES OUTLINED IN ACT WILL LEAD TO A SMALL TAX CREDIT IN 2017.​ Source text for Eikon: Further company coverage:

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