Rail specialist reports increased levels of visibility in rail sector
Rail specialist Jarvis has said it is cautiously optimistic about results for the year ended 31 March 2009.
In a trading update the group said it was 鈥渘ot immune鈥� from the wider credit crunch but that its overall performance had been solid.
Higher fuel costs and the general economic downturn had hit its plant and freight divisions while it said it was benefitting from 鈥渋ncreasing